A Rare Development amp ; Investment Opportunity This is far more than three homes it's a unique opportunity to acquire three adjoining properties totaling over 3 acres in one of ...
| Website: | https://www.nestseekers.com/5705183 |
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| Address: | Monroe, NY 10950 |
| Ownership: | For Sale |
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| Type: | Single Family |
| Rooms: | 6 |
| Bedrooms: | 3 BR |
| Bathrooms: | 1½ |
| Lot Size: | 1 Acres |
Financials
Description
**A Rare Development & Investment Opportunity**
This is far more than three homes—it's a unique opportunity to acquire **three adjoining properties totaling over 3 acres** in one of the area's fastest-growing locations:
**234 Prospect Road • 236 Prospect Road • 242 Prospect Road**
Being sold together, these three properties create a rare opportunity for **larger land, greater development potential, and multiple income possibilities.**
The true value lies in the potential to **combine the parcels and pursue a potential multi-lot subdivision**, with the possibility of constructing multiple homes (subject to all municipal approvals).
Strategically positioned **right at the boundaries of major new residential construction and rapidly expanding communities**, this property sits directly in the path of growth while remaining conveniently close to major shopping and surrounding areas.
While pursuing future development, the **three existing homes provide immediate income-producing opportunities**, including long-term rentals, large-group or short-term rentals, or personal use while preserving the property's future potential.
Whether you're a **developer, investor, or visionary buyer**, this is an exceptionally rare opportunity to acquire multiple adjoining properties with **existing income, substantial land, and significant long-term upside.**
surrounding new construction, and remarkable potential of this one-of-a-kind opportunity.**
Amenities
- Electricity Connected
- Other
- Phone Available
- Trash Collection Public
2415 Montauk Highway PO Box 742, Bridgehampton, NY 11932 Phone: +1 631-353-3427 Fax: +1 631-614-7858 | |
| Listing Courtesy of eRealty Advisors, Inc | |