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 ...
| Website: | https://www.nestseekers.com/5520902 |
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| Address: | Mount Pleasant, NY 10595 |
| Ownership: | For Sale |
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| Type: | Unknown |
| Lot Size: | 0.9 Acres |
Financials
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
505 Park Ave, New York, NY 10022 Phone: +1 212-252-8772 Fax: +1 212-252-9347 | |
| Listing Courtesy of Coldwell Banker Realty | |