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SaveAskTourHide$6,900,000New ListingNelson AvenueWappingers Falls, NY 12590
For Sale|Land|Active County:Dutchess Listing courtesy of McGrath Realty Inc rlaluna@mcgrathrealtyinc.com Call Now: (845) 516-5123Is this the listing for you? We can help make it yours.(845) 516-5123
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Monthly Payment (Est.)
Enter an interest rate to see your estimated monthly payment.Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.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.
SaveAskTourHideListing SnapshotPrice $6,900,000Days On Site 0 DaysBedrooms N/AInside Area (SqFt) N/ATotal Baths N/AFull Baths N/APartial Baths N/ALot Size 13.42 AcresYear Built N/AMLS Number 1070494Status ActiveProperty Tax $10,609.58HOA/Condo/Coop Fees N/ASq Ft Source N/AFriends & FamilyRecent Activity4 hours ago Listing first seen on site 4 hours ago Listing updated with changes from the MLS
General FeaturesAcres 13.42Additional Property Use Multi-FamilyVacantSewer Public SewerWater Source PublicSaveAskTourHideCommunity FeaturesSchool District WappingersSchoolsSchool DistrictWappingersElementary SchoolMyers CornersMiddle SchoolWappingers Junior High SchoolHigh SchoolRoy C Ketcham Senior High Sch Listing courtesy of McGrath Realty Inc rlaluna@mcgrathrealtyinc.com
Based on information submitted to the MLS GRID as of 2026-11-04 07:31 PM 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 & CommuteSource: WalkscoreDisclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.SaveAskTourHide
Nelson AvenueWappingers Falls, NY 12590
Mortgage Calculator
Monthly Payment (Est.)
Enter an interest rate to see your estimated monthly payment.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.
| 4 hours ago | Listing first seen on site | |
| 4 hours ago | Listing updated with changes from the MLS |
Based on information submitted to the MLS GRID as of 2026-11-04 07:31 PM 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.