Nelson Avenue , Wappingers Falls, NY 12590

$6,900,000
  • Nelson Avenue , Wappingers Falls, NY 12590 Main Photo

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New to the Market Active
LOT SIZE 13.420 acres MLS#1070494
STATUSActive PROPERTY TYPELand - Residential SCHOOLWappingers

Property Description

McGrath Realty is pleased to present the opportunity to acquire a fully approved 188-unit multifamily development site located on Nelson Avenue and Channingville Road in the Village of Wappingers Falls, New York. The 13.42-acre property is approved for 176 apartments and 12 townhomes, totaling approximately 219,591 SF across six residential buildings, together with a centrally located clubhouse, resident amenities, surface parking and landscaped open space.The offering includes the approved site and development plans, architectural floor plans, elevations and renderings. Final construction documents, including MEP plans, remain to be completed by the purchaser. SEQR has been completed, municipal water is contemplated as part of the approved development, and final sewer service confirmation is pending issuance of a will-serve letter from the Village.The property is strategically positioned in southern Dutchess County near Route 9, Route 9D and I-84, with the New Hamburg Metro-North station approximately three miles from the site and Beacon, Fishkill and Poughkeepsie all within approximately eight miles. With major entitlement work completed and a defined 188-unit development program in place, the property offers a compelling opportunity to advance a large-scale multifamily project in a growing Hudson Valley market.

Nelson Avenue | MLS# 1070494

This land located at Nelson Avenue , Wappingers Falls, NY 12590 is currently listed for sale with an asking price of $6,900,000. The property has approximately 13.42 Acres. Nelson Avenue is located within the Wappingers school district. Search Wappingers Falls real estate on www.coldwellbankerchoice.com today.

Property Features

Property Type: Land - Residential
Lot Size: 13.42 Acres
Taxes: $10,609

Feature Descriptions

Current Use: Multi-Family, Vacant
On Market Date: 2026-11-04
Parcel Number: 134601-6158-13-071325-0000
Rental Term: Monthly
Sewer: Public Sewer
Water: Public

Local Schools

High School: Roy C Ketcham Senior High Sch
Middle School: Wappingers Junior High School
Elementary School: Myers Corners
School District: Wappingers

Listed By / Shown By

Listing By

Agency Name: McGrath Realty Inc
Agency Contact: 845-896-5444

Shown By

Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)

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Estimated Payment

$ 18,252.99 per month $15,356.41 Principal & Interest $884.08 Property Tax $2,012.50 Homeowner's Insurance

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