Rye Town, NY 10573

Property

Ownership: For Sale
Type: mixed-use

Financials

Price:$2,650,000
Annual Taxes:$18,580
2415 Montauk Highway PO Box 742, Bridgehampton, NY 11932
Listing Courtesy of YourHomeSold Guaranteed Realty

Prime redevelopment opportunity in Port Chester.

Description

Prime redevelopment opportunity in Port Chester. 115 Midland Avenue offers approximately 8,308 SF of land in the CD-4 General Urban Character District, along a highly visible and well-traveled Midland Avenue corridor. The property is currently improved with an existing restaurant/commercial use and residential structure, providing an opportunity for investors, developers and owner-users to evaluate both the existing improvements and the site's future potential. CD-4 zoning provides for a variety of permitted building types and uses, making this a compelling opportunity in one of Westchester County's active commercial and residential markets. The property's location offers convenient access to downtown Port Chester, major roadways, area businesses and surrounding residential neighborhoods. Offered at $2,650,000. An adjoining property at 117 Midland Avenue may also be available for purchase, creating the potential to assemble approximately 12,228 SF of contiguous land. Development potential, permitted uses and buildable area are subject to municipal approvals and buyer's independent due diligence.

Amenities

  • Electricity Connected
  • Natural Gas Connected

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.