Mount Pleasant, NY 10595

Property

Ownership: For Sale
Type: Unknown
Lot Size: 0.9 Acres

Financials

Price:$1,375,000
Annual Taxes:$10,511.40
505 Park Ave, New York, NY 10022
Listing Courtesy of Coldwell Banker Realty

Valhalla 4 Lot Residential Development Opportunity Rare opportunity to acquire a four parcel assemblage consisting of an existing residence and three additional separately deeded tax lots in a proven Valhalla ...

Description

Valhalla 4-Lot Residential Development Opportunity Rare opportunity to acquire a four-parcel assemblage consisting of an existing residence and three additional separately deeded tax lots in a proven Valhalla location with strong new construction demand and established residential infrastructure, with a conceptual 4-lot single-family site plan based on the existing parcel configuration. Property Highlights: Four legally recognized lots (separate tax IDs) Dual frontage on Columbus Avenue and Arden Lane Public sewer and utilities available Zoned R10 (10,000 SF minimum lot size), allowing potential single-family subdivision under current zoning, subject to approvals. Conceptual 4-lot single-family plan available based on parcel configuration (see offering materials). Recent nearby development activity supports strong resale values, with new construction homes in the area trading from the high $700Ks to over $1.1M. Builders and investors have flexibility to develop all four homes or phase construction while utilizing the existing residence for rental income or future redevelopment. The property’s topography is well-suited for modern builds, including walk-out basements and tiered designs consistent with surrounding new construction. Location highlights: • Top-rated schools •Less than 1 hour to NYC • Close to major highways + Metro-North • Near Kensico Dam Plaza, parks, and local community amenities Conceptual plans and supporting materials available upon request.

Amenities

  • Sewer Available

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.