Greenburgh, NY 10583

Property

Ownership: For Sale
Type: Unknown
Lot Size: 3.8 Acres

Financials

Price:$3,750,000
Annual Taxes:$51,609.16
505 Park Ave, New York, NY 10022
Listing Courtesy of Compass Greater NY, LLC

Don t miss this exceptionally rare opportunity to control a substantial land assemblage in the highly coveted Edgemont School District, where new construction opportunities are increasingly scarce.

View of property location featuring property boundaries highlighted and a major roadway

View of property location featuring property boundaries highlighted and a major roadway

View of property location featuring property boundaries highlighted and a major roadway
View of property location featuring property boundaries highlighted and a major roadway
Aerial view of property and surrounding area featuring property boundaries highlighted and a major roadway
Aerial view of property and surrounding area featuring property boundaries highlighted and a major roadway
Aerial overview of property's location with property boundaries highlighted
Aerial overview of property's location with property boundaries highlighted
View of property location
View of property location
Drone / aerial view
Drone / aerial view
Aerial overview of property's location featuring property parcel outlined
Aerial overview of property's location featuring property parcel outlined
Aerial overview of property's location featuring property boundaries highlighted
Aerial overview of property's location featuring property boundaries highlighted
View of property location featuring property boundaries highlighted and a major roadwayView of property location featuring property boundaries highlighted and a major roadwayAerial view of property and surrounding area featuring property boundaries highlighted and a major roadwayAerial view of property and surrounding area featuring property boundaries highlighted and a major roadwayAerial overview of property's location with property boundaries highlightedAerial overview of property's location with property boundaries highlightedView of property locationView of property locationDrone / aerial viewDrone / aerial view

Description

Don’t miss this exceptionally rare opportunity to control a substantial land assemblage in the highly coveted Edgemont School District, where new-construction opportunities are increasingly scarce. The offering consists of two parcels located directly across the street from one another, totaling approximately 5 acres: a ~4-acre parcel with a long-established history as a gardening nursery dating back to the 1940s, and a separate ~1-acre parcel. The property is being conveyed for land value and redevelopment potential, presenting a compelling canvas for a sophisticated builder or developer to create a premier residential enclave in an established, high-demand setting. The site offers meaningful flexibility, with the ultimate configuration to be shaped by vision, design, and municipal approvals. Adding to the ~4-acre parcel’s appeal for potential future development is the recent granting by the Greenburgh Planning Board of the extension of an approved site plan for the use of the parcel for a senior living community. While buyers should conduct their own due diligence regarding intended use and approvals, this existing entitlement history may provide valuable insight and flexibility for a range of redevelopment concepts. Future end-users will enjoy exceptional proximity to major highways and Metro-North, along with access to nationally ranked schools, parks, country clubs, and lifestyle amenities that define the Edgemont and greater Scarsdale appeal. A rare chance to deliver thoughtfully designed new homes in one of Westchester’s most enduring and desirable markets.

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.