Redevelopment Opportunity.


Property

Website:https://www.nestseekers.com/5645728
Address:
Cortlandt, NY 10511
Ownership: For Sale
Type: mixed-use
Lot Size: 0.4 Acres

Financials

Price:$1,250,000
Annual Taxes:$32,861

Description

Redevelopment Opportunity. 179 Lindsey Avenue presents an investment and redevelopment opportunity in the Village of Buchanan, NY. This approximately 10,000-square-foot property is ideally positioned for investors, /developers, seeking a well-located asset with strong value-add potential. Conveniently situated near Route 9 and Metro-North rail service, the property offers excellent accessibility for both commercial and residential tenants, making it an attractive opportunity in the growing Hudson Valley market. Located within the C-1/C-2 Overlay District, which allows retail on the 1st floor and residential on the upper levels, the existing structure features 10-foot ceiling heights, three loading doors, six on-site parking spaces, and connected municipal water, sewer, and electric services. Additionally, the site may offer the potential to construct a third story, subject to municipal approvals, providing investors with the ability to further increase income and long-term value. With its strategic location, flexible zoning, existing infrastructure, and redevelopment potential, 179 Lindsey Avenue represents a unique opportunity to acquire and transform a versatile commercial asset in one of Northern Westchester's most desirable and accessible markets.

Amenities

  • Cable - Available
  • Electricity Connected
  • Phone Available
  • Sewer Connected
  • Trash Collection Public
  • Water Connected

Contact

2415 Montauk Highway PO Box 742, Bridgehampton, NY 11932
Listing Courtesy of BHHS River Towns Real Estate