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Nathaniel Way - Nathaniel Way - Proposed Road

16.36 Acres of Residential Land Offered at £743,328 in Newark, NY 14513

Investment Highlights

  • Great Neighborhood Setting
  • Vacant Land with 178 Multi Family Units - Engineered
  • Convenient Location
  • Seller getting Approval for Apartment Community

Executive Summary

16.36 +/- Acres for Multi Family Development. 178 Units Planned for this Community. Seller has Not received Final Approvals but is working with the Village of Newark to get this Site Fully Approved for the concept shown as an attachment to this Listing. Plans shown are a Rendering of the 178 Units completed by BME Associates - Engineers. Convenient location with a rare opportunity to build a new Apartment Community in the Village of Newark.

Property Facts

Price £743,328
Sale Type Investment
Sale Conditions Design & Build
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 16.36 AC
Cross Streets Lincoln Road
Opportunity Zone Yes

1 Lot Available

Lot 1

Price £743,328
Price Per AC £45,436
Lot Size 16.36 AC

16.36 +/- Acres for Multi Family Development. 178 Units Planned for this Community. Vacant Land at this time.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
542001-068-110-0013-160-299-0000
Land Assessment
£32,080
Improvements Assessment
£0
Total Assessment
£32,080

zoning

Zoning Code C-A (Commercial Apartments)
C-A (Commercial Apartments)
  • Listing ID: 26248871

  • Date on Market: 25/07/2022

  • Last Updated:

  • Address: Nathaniel Way, Newark, NY 14513

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