McGrath Realty is pleased to present the opportunity to acquire a fully approved 188-unit multifamily development site located on Nelson Avenue and Channingville Road in the Village of Wappingers Falls, New York. The ±13.42-acre property is approved for 176 apartments and 12 townhomes, totaling approximately 219,591 SF across six residential buildings, together with a centrally located clubhouse, resident amenities, surface parking and landscaped open space.
The offering includes the approved site and development plans, architectural floor plans, elevations and renderings. Final construction documents, including MEP plans, remain to be completed by the purchaser. SEQR has been completed, municipal water is contemplated as part of the approved development, and final sewer service confirmation is pending issuance of a will-serve letter from the Village.
The property is strategically positioned in southern Dutchess County near Route 9, Route 9D and I-84, with the New Hamburg Metro-North station approximately three miles from the site and Beacon, Fishkill and Poughkeepsie all within approximately eight miles. With major entitlement work completed and a defined 188-unit development program in place, the property offers a compelling opportunity to advance a large-scale multifamily project in a growing Hudson Valley market.
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Listing Snapshot
Price
$6,900,000
Days On Site
1 Day
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
13.42 Acres
Year Built
N/A
MLS Number
1070494
Status
Active
Property Tax
$10,609.58
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
yesterday
Listing first seen on site
yesterday
Listing updated with changes from the MLS
General Features
Acres
13.42
Additional Property Use
Multi-FamilyVacant
Sewer
Public Sewer
Water Source
Public
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Community Features
School District
Wappingers
Schools
School District
Wappingers
Elementary School
Myers Corners
Middle School
Wappingers Junior High School
High School
Roy C Ketcham Senior High Sch
Listing courtesy of McGrath Realty Inc rlaluna@mcgrathrealtyinc.com
Based on information submitted to the MLS GRID as of 2026-11-06 02:19 AM EST.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently reviewed
and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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