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Rarely does an opportunity of this scale and precision reach the market in the heart of Kingston. Presenting 21 Bluestone Court, a fully-entitled, shovel-ready 15-lot residential subdivision designed under Kingston's forward-thinking Walkable Neighborhood Plan (WNP).
Spanning 2. 7 pristine acres, this project is the blueprint for the ''Missing Middle'' housing demand in the Hudson Valley. With all major regulatory hurdles cleared--including a certified SEQRA Negative Declaration, a unanimous Planning Board Approval Resolution, and Fire and Water Department approvals--this is a true turn-key acquisition for the sophisticated developer.
The Turn-Key Advantage:
This acquisition represents a complete transfer of intellectual and regulatory property. The entitlement phase is finished, offering a buyer a seamless path to vertical construction. All architectural renderings, floor plans, and site-specific engineering are included in the sale, providing a comprehensive ''Operating Manual'' for the site. This is a ''settled'' asset, allowing the new owner to move immediately into the bonding and permit phase using their own preferred construction team.
Development Highlights:
Total Density: 39 units are approved by-right.
Engineered Upside: Targeted build-out potential for 66 units, with further upside for up to 81 units through Small Multiplex (SMF) expansion and ADU integration.
Approved Mix: 9 Small Multiplex lots and 6 Duplex lots.
Shovel-Ready: Approved for a new 14ft-wide private loop road with dark-sky compliant lighting and a central bioretention green space.
Infrastructure Advantage: Engineered SWPPP and utility plans are finalized; the project is ready for the 15-lot map and individual deeds to be filed with the Ulster County Clerk.
Capitalize on Kingston's growth with this premier, shovel-ready residential portfolio.
Due Diligence Folder with all engineered plans and city approvals available upon request.
Information is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Source: Hudson Valley Catskills Region
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NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,500,000 | $1,500,000 | $1,500,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,400 | $9,114 | $12,557 |
| Total Monthly Payment | $8,525 | $9,239 | $12,682 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.