Property Description

48 Unit Shovel Ready Multifamily Development ProjectHarriman Gardens offers a rare opportunity to bring a fully approved 48-unit residential community to life in the heart of the Village of Harriman. Designed to meet the growing demand for high-quality rental housing in Orange County, the project combines thoughtful unit layouts with a location that provides both accessibility and small-town appeal.The development includes a well-balanced mix of one-, two-, and three-bedroom apartments, creating a community that serves a wide range of residents-from young professionals to families seeking comfortable, well-located housing. With municipal services in place and a clear path to construction, the project is positioned for efficient delivery and strong market reception.Set along Route 17M, Harriman Gardens benefits from proximity to major transportation routes, shopping, and employment centers throughout the Hudson Valley. As demand for rental housing continues to outpace supply in the region, this project represents an opportunity to deliver a product that aligns with current market needs while contributing to the continued growth of the local community.Harriman Gardens is more than a development site-it is a ready-to-build residential community in a market where new housing is both needed and supported.Investment highlightsFully Approved, Shovel-Ready Development - All entitlements secured; immediate path to construction48-Unit Multifamily Project - Balanced mix: 16 one-bedroom, 16 two-bedroom, 16 three-bedroom unitsExecution-Stage Opportunity - Eliminate entitlement risk and accelerate timeline to stabilizationInfrastructure in Place - Municipal water, sewer, and natural gas availableEfficient, Repeatable Design - ~50,000 SF of planned residential product with proven layoutsStrong Demand Fundamentals - Undersupplied Orange County rental market with sustained absorptionStrategic Location - Direct access to Route 17M with connectivity to major regional corridorsCompelling Value-Add Profile - Clear path to create value through development and lease-upBroad Tenant Appeal - Unit mix supports workforce housing through family occupancyRare Opportunity - Limited availability of fully approved multifamily sites of this scale in the region

Property Features

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