Offered at $1,400,000, this proposed development parcel represents one of the most compelling multifamily development opportunities in Downtown Glens Falls. The approximately one-acre carve-out will be subdivided from the existing Monument Square/333 Glen Street property and is strategically positioned within the city's High-Rise zoning district. Engineering and site planning support the development of a five-story apartment or condominium project containing approximately 70 residential units.
The site benefits from existing utility infrastructure, including public water, sewer, natural gas, and electric service available at the property. In addition, the offering includes approximately 70 parking spaces within the adjacent structured parking facility and 30 dedicated surface parking spaces, providing an exceptional parking ratio rarely available in downtown development projects. Located steps from City Park, Crandall Library, restaurants, entertainment venues, and the central business district, the property offers developers the opportunity to capitalize on growing demand for walkable urban housing in the Glens Falls market.