Tired of feeling cramped inside your NYC apartment? How about buying your very own private island for less than the cost of owning some of the studio apartments in the city? Campbell Island, a scenic chunk of land on the Hudson River, is selling for around $700,000—less than the asking price for tons of NYC studio with a quick glance on StreetEasy. This stretch of 97-acres will surely offer more closet space than what you’re working with now, guaranteed!
Campbell Island is located near Albany, New York, just around a three hour drive from NYC. Therefore, you’ll get some peace and quiet without being too far away from all of the action. The private island offers more than a mile of riverfront, state capital views, a cove and beach area and “deep majestic woods,” as described by Private Island’s Inc, the listing site of Campbell Island.
Since the property is undeveloped, the buyer will have creative freedom to carry out their wildest dreams. Not sure where to start? Well beyond sheer financial status, owning a private island can be a great investment for developers and planners interested in creating a resort, rental properties and so on.
Of course, all plans are subject to various regulations and the island’s proximity to a nature preserve adds a few caveats to developing the area, in addition to live train tracks that connect it to the mainland.
Jeanne Casatelli inherited Campbell Island from her father who had purchased the land in the 1960s to use its sand for his concrete venture. It is one of the last undisturbed pieces of land on America’s “premiere heritage river.”
Not interested in purchasing Campbell Island but curious about island life? You can check out NYC’s very own tranquil Governors Island, or explore the city’s Hart Island via tours.