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308 NY-28

101.2 Acres of Commercial Land Offered at £1,352,214 in Kingston, NY 12401

Investment Highlights

  • 100+ acre lot along Rt 28 near Kinston - main thoroughfare between NYC and Woodstock/Catskill Mountains
  • First 500 feet of lot depth zoned Highway Commercial - self-storage, campground, warehouse, motel, light industry, and recreational uses all allowed
  • Beautiful stream and mountains to the rear - ideal for residential, multifamily, or campground development
  • 1.5 miles from 1-87 Thruway Exit 19
  • Commercial portion of lot is flat, cleared, and accessible, with 17,000 passing cars per day
  • Lot improved with renovated 2BR house and leased 5,000 sf barn - can provide income to carry the property while being developed

Executive Summary

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/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 /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 Facts

Price £1,352,214
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Multifamily
  • Apartment Units
  • Contractor Storage Yard
  • Distribution
  • Industrial Park
  • Manufactured Homes or Mobile Home Park
  • Motel
  • Office Park
  • Self Storage
  • Warehouse
  • Agribusiness
Total Lot Size 101.20 AC

1 Lot Available

Lot

Price £1,352,214
Price Per AC £13,362
Lot Size 101.20 AC

zoning

Zoning Code HC + R-60 (First 500 feet of lot depth from Rt. 28 is Highway Commercial - many commercial uses. Remainder is residential zoning, including multifamily use.)
HC + R-60 (First 500 feet of lot depth from Rt. 28 is Highway Commercial - many commercial uses. Remainder is residential zoning, including multifamily use.)
  • Listing ID: 34272932

  • Date on Market: 22/12/2024

  • Last Updated:

  • Address: 308 NY-28, Kingston, NY 12401

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