Property Description

**A Rare Development & Investment Opportunity**

This is far more than three homes—it’s a unique opportunity to acquire **three adjoining properties totaling over 3 acres** in one of the area’s fastest-growing locations:

**234 Prospect Road • 236 Prospect Road • 242 Prospect Road**

Being sold together, these three properties create a rare opportunity for **larger land, greater development potential, and multiple income possibilities.**

The true value lies in the potential to **combine the parcels and pursue a potential multi-lot subdivision**, with the possibility of constructing multiple homes (subject to all municipal approvals).

Strategically positioned **right at the boundaries of major new residential construction and rapidly expanding communities**, this property sits directly in the path of growth while remaining conveniently close to major shopping and surrounding areas.

While pursuing future development, the **three existing homes provide immediate income-producing opportunities**, including long-term rentals, large-group or short-term rentals, or personal use while preserving the property’s future potential.

Whether you’re a **developer, investor, or visionary buyer**, this is an exceptionally rare opportunity to acquire multiple adjoining properties with **existing income, substantial land, and significant long-term upside.**

surrounding new construction, and remarkable potential of this one-of-a-kind opportunity.**

Features
Heating System:
Other, Oil, Baseboard
Cooling System:
Wall/window Unit(s)
Basement:
Walk-out Access
Swimming Pool:
In Ground
Appliances:
Other
Garage Spaces:
2
Interior Features:
Other
Parking Features:
Driveway
Sewer:
Septic Tank
Utilities:
Phone Available, Trash Collection Public, Electricity Connected
Address Map
City:
Monroe
State:
NY
Street:
Prospect
Street Number:
242
Street Suffix:
Road
Postal Code:
10950
Floor Number:
0
Longitude:
W75° 48' 17''
Latitude:
N41° 22' 51.2''
PostalCity:
Monroe
Additional Information
Architectural Style:
Split Level
Construction Materials:
Frame
Elementary School:
Round Hill Elementary School
High School:
Washingtonville Senior High School
Agent MlsId:
50387
MiddleOrJunior School:
Washingtonville Middle School
PhotosCount:
40
Special Listing Conditions:
No
Tax Annual Amount:
$12,873
Water Source:
Well
Office MlsId:
APPWOL

Residential - MLS# 1035856

242 Prospect Road, Monroe, NY

3 Bedrooms
1 Bathrooms
1,678 Sqft
$999,000
Listing ID #1035856
Basic Details
Property Type :
Residential
Property SubType :
Single Family Residence
Listing Type :
For Rent
Listing ID :
1035856
Price :
$999,000
Rooms :
6
Bedrooms :
3
Bathrooms :
1
Half Bathrooms :
1
Bathrooms Total :
2
Square Footage :
1,678 Sqft
Lot Area :
1 Acre
Year Built :
1980
Status :
Active
Listing Agent :
Joel Basch
Listing Office :
eRealty Advisors, Inc
Agent info
Coldwell Banker American Homes
284 West Park Ave
Contact Agent
Walkscore