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Description
Rare Development & Investment Opportunity A truly one-of-a-kind opportunity to acquire three adjoining properties together: 234 Prospect Road236 Prospect Road242 Prospect Road Together, these properties offer over 3 acres in one of the area's fastest-growing locations. The true value lies in the opportunity to combine all three parcels and pursue a potential 14 side-by-side homes, with the potential to create a 35-home development (subject to all required approvals). Opportunities of this size, location, and flexibility rarely become available. Ideally situated between rapidly expanding residential communities and major shopping destinations, this property offers exceptional long-term growth potential. While planning for future development, the existing three homes provide immediate income in virtually any way you choose-continue with the current tenants, lease to long-term tenants, accommodate large groups for weekend or seasonal rentals, create a private compound, or customize the properties to fit your own investment strategy. Whether you're a developer, investor, or end user, the possibilities are truly endless. See the attached development concept, subdivision plans, and location maps to fully appreciate this exceptional opportunity.
Details
| MLS # | 1035870 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1979 |
| Days On Site | 3 |
| Listing Provided By | eRealty Advisors, Inc | Joel Basch |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,987 |
| Garage | 2 |
| Basement | Y |
| Acreage | 0.93 |
Interior
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Baseboard, Other |
| Interior Features | Other |
| Appliances | Other |
Exterior
| Construction Materials | Frame |
|---|
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Driveway |
Utilities
| Utilities | Cable Connected |
|---|---|
| Sewer | Septic Tank |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 48300 |
| Tax Annual Amount | 13379.71 |
Area Information
| State | NY |
|---|---|
| County | Orange County |
| City | Monroe |
| Zip Code | 10950 |
| School District | Washingtonville Senior High Scho |
| Elementary School | Round Hill Elementary School |
| High School | Washingtonville Senior High Scho |
| Listing VS Median (in 10950) | |
Price: $999,000 low | high Med: $570,000 sqft: 1,987 low | high Med: 1,644 $ / sqft: $503 low | high Med: $347 On site: 3 low | high Med: 63 | |
Market Activity 10950
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| State | NY |
|---|---|
| County | Orange County |
| City | Monroe |
| Zip Code | 10950 |
| School District | Washingtonville Senior High Scho |
| Elementary School | Round Hill Elementary School |
| High School | Washingtonville Senior High Scho |
| Listing VS Median (in 10950) | |
Price: $999,000 low | high Med: $570,000 sqft: 1,987 low | high Med: 1,644 $ / sqft: $503 low | high Med: $347 On site: 3 low | high Med: 63 | |
