Search Results

860 Vestal Rd.

Home » All Multifamily Properties » New York & Tri-State » 860 Vestal Rd.

Address: 860 Vestal Rd, Vestal, NY 13850, USA

New York & Tri-State + Apartment Buildings

Created date: December 29, 2024

Date last updated: March 17, 2025

Rare Vestal Development Opportunity.
Low barrier to entry project.
Close proximity to State Route 434 and the I86 Interchange.
Senior housing.
128 Planned Units
Estimated end market value $40,415,416

Property Description

Presenting a prime development opportunity in Vestal, NY, with approved plans for a 128-unit 55+ community. The project includes expanding the existing 86,867 SF structure to approximately 135,597 SF. Situated on Old Vestal Rd., the property features 531.76 feet of road frontage and seamless access to I-86, State Route 434, and State Route 26. Household incomes in Vestal exceed the Broome County average by 44%, and family incomes are 35% higher, underscoring the area’s strong market potential. The project offers immediate equity at the asking price, with an estimated end market value of $40,415,416 and a projected completion timeline of 18 months.

Available

Request Information

Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$1,599,000
No. of Units:	128
Lot Size:	5.06 Sq ft
Opportunity Zone:	No
Price per unit:	$12,492
Property Website	Click Here