For Sale
$550,000

0 Meadowbrook CtPatterson, NY 12563

Prime Putnam County Development Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional redevelopment opportunity presents 23 buildable lots in Patterson, NY's desirable Meadowbrook Farms. Priced at $550,000, this multifamily development project offers significant potential. The property boasts existing engineering plans (requiring updates), a shared water source from existing wells, and previously approved septic systems. The site is a level lot, part of an established homeowner's association, and benefits from existing infrastructure. The Town of Patterson has expressed support for the project's completion and is open to collaboration with new owners. This location provides convenient access to major roadways, including Routes 22, 52, 292, 311, I-84, and I-684, ensuring easy commutes. Nearby amenities include grocery stores, restaurants, recreational facilities, and the Village of Pawling. The area enjoys a strong household median income of $103,714, indicating a robust market for new residential construction. This is a rare chance to capitalize on a well-situated, partially developed site with significant upside potential in a thriving community. The property is located off Route 292, connecting to Routes 22 and 52/I-84, offering easy access to I-84 via Route 311 or Route 292, and I-684 via Route 22 or I-84. The site's proximity to amenities and major transportation routes makes it an attractive location for potential homebuyers. The existing infrastructure and the municipality's willingness to cooperate make this a streamlined development opportunity.

Highlights

  • 23 buildable lots in Patterson, NY's Meadowbrook Farms, priced at $550,000.
  • Existing engineering plans (updates required), shared well water, and previously approved septic systems.
  • Level lot within an established HOA, benefiting from existing infrastructure.
  • Convenient access to Routes 22, 52, 292, 311, I-84, and I-684.
  • Strong local household median income of $103,714.

Property Details for 0 Meadowbrook Ct

Property type
Residential income homes
Units
23

Location Insight

City
Patterson
County
Putnam
State
New York
Latitude
41.5104842
Longitude
-73.6223418
Meadowbrook Ct, Patterson, New York

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0 Meadowbrook Ct
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