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139-145 St Rte 17M

monroe, NY 10926

$3,600,000

    Interested? Let's Connect

    48 Unit Shovel Ready Multifamily Development Project

    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 with 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 places of business 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 a wide variety of occupancy needs

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

    Details

    3.88 Private Acres Lot Size

    land

    $1,513 Monthly Tax

    MLS/Listing ID 991761

    Amenities & Features

    Public Sewer

    Public Water

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    TOTAL MONTHLY COST

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    • PRINCIPAL & INTEREST

      $0

    • PROPERTY TAXES

      $0

    • Common Charges

      $0

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