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139 Windsor Hwy

117,325 SF Health Care Building Offered at $4,332,267 CAD in New Windsor, NY 12553

EXECUTIVE SUMMARY

Property is +/- 6.78 Acres/ 294,553 SF; Located along the easterly side of Windsor Highway between Union Avenue and Devitt Circle in the Town of Windsor. It is zoned wholly within the High Commercial District (“HC”). Previously approved to be developed into a 4-Story 117,365 SF Assisted Senior Living Facility that will operate 79 private pay assisted living beds in 63 units, 24 assisted living program (A:P) beds in 12 units and 85 memory care beds in 57 units on secure wings. Current conditional approvals are in place through February 2025 with extensions possible for development project of a 132-unit, 188-licensed-bed assisted living facility. It is also possible, without additional approval from the Town, to convert 24 or 48 units from memory care beds to assisted living. ID: 334800.009.025; Lot: 15; Block: 1; Taxes: +/-$25,000; Owners are open to holding significant paper for a qualified buyer with the ability to move process forward in a timely manner. This development property has the potential for senior housing approval and the potential for the development of a market-rated development..

PROPERTY FACTS

Price $4,332,267 CAD
Price Per Bed $23,044 CAD
Sale Type Investment or Owner User
Property Type Health Care
Property Subtype Assisted Living
Building Class A
Lot Size 6.80 AC
Construction Status Proposed
Building Size 117,325 SF
No. Beds 188
No. Stories 4
Parking Ratio 0.73/1,000 SF

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
334800-009-000-0001-025.210-0000
Land Assessment
$200,293 CAD
Improvements Assessment
$5,073 CAD
Total Assessment
$205,366 CAD
  • Listing ID: 32956979

  • Date on Market: 2024-08-26

  • Last Updated:

  • Address: 139 Windsor Hwy, New Windsor, NY 12553

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