Nathaniel Way, Arcadia, NY 14513

$600,000

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List Price
$600,000
Status
ACTIVE
MLS#
R1689780
Acres
16.36
Subdivision
Newark Apartments
Region
Newark
Neighborhood
Newark Apartments

Property Description

Rare opportunity to acquire 16.36± acres in the Village of Newark with concept approval for a proposed 150-170 unit multifamily residential development. Preliminary plans and renderings prepared by BME Associates showcase the vision for a new apartment community designed to complement the surrounding residential area. The seller has been actively working with the Village of Newark; however, final approvals have not yet been secured. Ideally situated near schools, shopping, and community amenities, this property offers significant development potential in a desirable and established location.

Additional Information

Taxes
$3,075
School District
Newark
Sewer
Storm Sewer

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Listing courtesy of Hallmark Realty Partners. Contact: