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32017355

139 New York 17M, Harriman, NY 10926

SB
NY 10311205948
Hudson Valley Realty & Business Brokers
Listed by Hudson Valley Realty & Business Brokers
$3,600,000
37 days on market
Updated 37 days ago

Fully Approved 48-Unit Shovel-Ready Multifamily Development

Details
Property Type Multifamily, Land
Sub Type Apartment Building, Residential
Square Footage 50,000
Net Rentable (SqFt) 50,000
Units 48
Tenancy Vacant
Year Built 2026
Buildings 2
Acreage 3.900
Zoning Multifamy
Parking Spaces spaces
Investment Type Value Add
Sale Condition N/A

Shovel Ready Multifamily Project

Marketing description

Harriman Gardens offers a rare opportunity to bring a fully approved 48-unit residential community to life in the heart of the Village of Harriman. Designed to meet the growing demand for high-quality rental housing in Orange County, the project combines thoughtful unit layouts with a location that provides both accessibility and small-town appeal.

The development includes a well-balanced mix of one-, two-, and three-bedroom apartments, creating a community that serves a wide range of residents—from young professionals to families seeking comfortable, well-located housing. With municipal services in place and a clear path to construction, the project is positioned for efficient delivery and strong market reception.

Set along Route 17M, Harriman Gardens benefits from proximity to major transportation routes, shopping, and employment centers throughout the Hudson Valley. As demand for rental housing continues to outpace supply in the region, this project represents an opportunity to deliver a product that aligns with current market needs while contributing to the continued growth of the local community.

Harriman Gardens is more than a development site—it is a ready-to-build residential community in a market where new housing is both needed and supported.

Investment highlights

Fully Approved, Shovel-Ready Development – All entitlements secured; immediate path to construction

48-Unit Multifamily Project – Balanced mix: 16 one-bedroom, 16 two-bedroom, 16 three-bedroom units

Execution-Stage Opportunity – Eliminate entitlement risk and accelerate timeline to stabilization

Infrastructure in Place – Municipal water, sewer, and natural gas available

Efficient, Repeatable Design – ~50,000 SF of planned residential product with proven layouts

Strong Demand Fundamentals – Undersupplied Orange County rental market with sustained absorption

Strategic Location – Direct access to Route 17M with connectivity to major regional corridors

Compelling Value-Add Profile – Clear path to create value through development and lease-up

Broad Tenant Appeal – Unit mix supports workforce housing through family occupancy

Rare Opportunity – Limited availability of fully approved multifamily sites of this scale in the region

Listing Contacts

SB
NY 10311205948
Hudson Valley Realty & Business Brokers
Listed by Hudson Valley Realty & Business Brokers

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Additional Information

Name
Steve Brown
License
10311205948
Brokerage
Hudson Valley Realty & Business Brokers
Brokerage Phone
8456292223
Title
Real estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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