308 New York 28 Kingston, NY 12401
Estimated payment $10,471/month
About This Lot
Rare opportunity to acquire and develop more than 100 acres of prime land along Route 28 near Kingston. Route 28 is the primary thoroughfare that connects New York City to Woodstock and the Catskills Region, with 17,000 passing cars per day. The property includes approximately 1,000 linear feet of frontage along Route 28, and is just 1.5 miles west of the I-87 Thruway Exit 19. The parcel's zoning is very favorable to development, and includes both a commercial and residential component. The first 500 feet of lot depth along Route 28 is zoned HC (Highway Commercial). The HC zoning allows a wide range of commercial uses, including self-storage, warehouse, RV campground, hotel/motel, restaurant, service business, contractor yard, light industry, office, recreational facility, and wholesale business. The commercial portion of the lot is flat, cleared, and accessible, with approximately 8 buildable acres of land, allowing for a significant commercial development. The remainder of the lot is zoned R-60, allowing residential development on lots of approximately 1.5 acres. In addition to single-family residential use, the R-60 zoning allows multi-family apartments, campgrounds, and manufactured home parks. The middle portion of the land includes a beautiful year-round creek and rises to foothills in the rear, backing up upon the Bluestone Wild Forest. This 3,000-acre New York State forest preserve ensures permanently-protected views and natural land adjacent to the property. The forested, hilly rear portion of the lot would be ideally suited to high-end homes or apartments, and could also serve as tent and drive-in car campsites, if the front of the property was developed as an RV campsite. The property is currently improved with two curb cuts, a large 5,000 square foot barn that is rented for 1,200 dollars/mo, and a two-bedroom home. The house was recently renovated, with a new 200-amp electrical service, new PEX plumbing, a new high-efficiency heat-pump hot water heater, new central heat-pump HVAC, and all new thermal windows. The house could be leased for at least 2,000 dollars/mo + utilities, but is being held vacant in the event a buyer would like to use the house for themselves or their property manager. Bring your vision to this large, beautiful, convenient, and highly-visible Hudson Valley development site!
Property Details
Property Type
- Land
Est. Annual Taxes
- $13,950
Lot Details
- 101.2 Acre Lot
- Property is zoned HC & R-60, First 500 feet of depth off Rt 28 is commercial zoning. Remaining land is residential zoning.
Utilities
- Electricity To Lot Line
Listing and Financial Details
- Legal Lot and Block 1 / 27.11
- Assessor Parcel Number SBL # 48.9-1-27.110
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
12/21/2024 12/21/24 | For Sale | $1,700,000 | -- | -- |
Source: Hudson Valley Catskills Region Multiple List Service
MLS Number: 20244728

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