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Listed by Patrick Dunn • KW Platform

$ 3,080,000

Est. payment -/mo

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2272 Route 9 Malta, NY 12118

6.44 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202525912

HOA Y/N No

Annual Tax Amount $5,240

Lot Size 6.440 Acres

Acres 6.44

Lot Dimensions 385 FF

Property Sub-Type Multi Family

Source Global MLS

Property Description

Fully approved 88-unit senior apartment development — shovel ready with all permits in place. This prime Route 9 site in Malta features excellent visibility, high traffic counts, and immediate access to a major corridor, just minutes from I-87 Exit 12 and only 15 minutes to Saratoga Springs. With strong regional demand for senior housing, the project is strategically positioned for success. Complete site plans, engineering, and architectural drawings are included, and some site work has already been completed. A rare opportunity for immediate development in one of the Capital Region's most desirable locations. Competitively priced at $35k a unit.

Location

State NY

County Saratoga

Zoning Multi Residence

Direction Exit 11 - 187N take by pass to Route 9 Malta. or exit 12 I87N to Route 9 south. 2 miles on left.

Interior

Heating Natural Gas

Exterior

Parking Features Secured Garage/Parking, Public Parking, Off Street, Private

Building

Lot Description Level, Cleared

Sewer Public Sewer

Water Public

Architectural Style Multiple Dwelling Unit, Land Only

New Construction Yes

Schools

School District Shenendehowa

Others

Tax ID 414089 240.-2-28.1

Special Listing Condition Standard

Inglenook Realty, Inc.

Broker | License ID: 109931319

+1(518) 882-6236

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