2021 US-44, Modena, NY, 12548

2021 US-44 Modena, NY 12548

2021 US-44, Modena, NY, 12548
2021 US-44, Modena, NY, 12548
FOR SALE
Property Type:
Other Land
Amount:
$699,000
Last Verified:
Aug 06, 2020


Description

Prime development site in Plattekill, NY. Approximately 10 minutes to I-87 in New Paltz, NY and 20 minutes to I-84 in Newburgh, NY. Topographic survey shows relatively flat land with minimal wetlands. 785 feet of frontage on US-44. Current taxes area around $12,500. Willing to sell subject to site plan approval. Zoned BD-60 Light Business, permitted uses include: Bed and breakfast, Clubs, Lodges and fraternal organizations, Community Buildings, Essential Services, Minimal Impact Use, Neighborhood Stores, Nurseries and greenhouses, One-family dwelling set back 300 feet from Route 44, Personal Services, Professional Offices, Public Buildings, Public Parks and Playgrounds, Speciality Shops.

Special Permit Uses include: Active adult/senior care communities, Agriculture, Auto Service, Repair, and filling stations, Auto Sales and Rentals, Commercial Indoor recreation and entertainment, Communications centers/towers, Day Care, Flea Markets, Funeral Homes, Hotels and Motels, Kennels and animal hospitals, Light Industrial Uses, Medical Clinics, Mixed use projects, Multiple (multifamily) dwellings, one family dwellings connected to business, Outdoor recreation and amusement, Public Transportation facilities, Restaurants, Retail and Service Establishments, Schools, Colleges and Education Facilities, Self-Storage, Mini-warehouse facilities, Taverns, Truck Terminals, Warehouses and Wholesale Businesses.

11 Minutes - 6.5 Miles to I-87 Exit 18
20 Minutes - 13.5 Miles to I-84 Newburgh

Lot Size: 51.0 acres

Map of 2021 US-44, Modena, NY, 12548

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.