Listed by CBRE - Albany
$6,500,000
1 Alice Avenue
Details
Property Type Land
Sub Type Residential
Lot Size (SqFt) 29.7
Fully Approved Residential Land
Marketing description
Fully approved 230 unit PDD for sale in the Town of Colonie. Phase 1 approved for 140 units of active adult multifamily designed as a three-story building with full walk out ground floor access. Phase 2 approved for 90 units of assisted living but could possibly be converted to active adult multifamily.
Investment highlights
±36.26 acres approved for active adult/assisted living
Town of Colonie location
Convenient to many amenities
Beautiful views of Rensselaer County
Adjacent to single family neighborhood and multifamily residential complexes
Active adultt living is for those 55+ who want to live independently but still have
access to resort-style amenities, community programs and convenient services
Listing Contacts
Listed by CBRE - Albany
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