Buildable Lot Package in Latham Area (North Colonie Central School District) Available

  • $97,500

Lot Map, Etc:

https://drive.google.com/drive/folders/1-_R5oRCoq8Y3-FTzS5YE_6SLTMyLCkUB?usp=sharing

Utility Info:
Sewer information: Public Sewer
Water information: Public

Comp Detail for New Construction:

https://globalmls.paragonrels.com/publink/default.aspx?GUID=c95c98d2-5050-4bea-99e3-1fba7b7e01ae&Report=Yes

Price:
$97,500
Address:
Kenwood /Troy Avenue
Latham, NY 12110
Lot Size:
.59 Acres
Terms:
Assignment of Contract
Property Type:
Land

Additional Features

GREAT LOCATION CLOSE TO EVERYTHING! SCHOOLS, SHOPPING, DINING, HIGHWAYS, PARKS!! BUILD DREAM HOMES HERE! Three buildable lots zoned single family in desirable area: 39 Troy Ave (012689 19.14-1-37) .25 Acres 9 Kenwood Ave (012689 19.14-1-37) .17 Acres 7 Kenwood Ave (012689 19.14-1-38) .17 Acres Additional notes: Kenwood lots together will make 41 Troy Ave, but they are still on deeds as 7 & 9 Kenwood Ave. These lots have already been through the preliminary approvals. All is needed is the building department approvals by submitting plans for what is being built. These lots have to be sold together. More detail from discussions with the town: It is a single-family residential zone so the requirement to build a single-family, which is the only thing legally allowed without a variance, is 80 feet of frontage and 1800 sqft lot size. Plenty of frontage Kenwood is not an approved street so you cannot use that as frontage, and there’s almost 290 feet of frontage between the Kenwood and Troy Ave properties. For a triplex builder will need to get a use variance, which goes through Joe Mahan directly. For anything other than a single-family residence or a combination of new lots, builder would need a variance. He says it looks about right to combine 7 & 9 Kenwood and have 39 Troy separate to develop both. For an approved variance, this is the criteria a builder would need to meet/prove: 1. If builder is unable to get a reasonable rate of return for the zoning use it is allowed for 2. Property is affected by unique or highly uncommon circumstances for current zoning. 3. And it can’t be a self-created hardship (builder is tasked with knowing the zoning when property is purchased) The town has a 7-page package/pamphlet for perspective zoning variance applicants which explains the legal precedents needed to be approved for a use variance criteria. For more info, please contact the town directly and ask for Joe Mahan. He can be reached at the main number which is 518-783-2706.

Call (518) 633-1168 for more details

Property Location