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    Nevada Ave Island Park, NY 11558

    Pending
    For Sale
    $1,750,000

    Unimproved Land - Island Park, NY

    Type:Unimproved Land
    Lot size:
    0.25 Acres
    Days on Market:
    368
    Last Refresh:
    Dec 14 at 8:06 am

    Property Features for Nevada Ave

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Pending
    Zoning
    Commercial
    APN
    2089-43-070-00-0485-0
    Exterior features
    Level, Waterfront
    Lot size
    0.25 Acres

    Utilities

    Water front features
    Creek, Waterfront, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    Newman Realty Inc. (516) 599-2800 [email protected]

    Listing agent Leon Sanchez GRI (516) 599-2800 License #31SA0943845

    Listing date Dec 12, 2024

    MLS# L3527155 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Land Development Opportunity

    This 0.25-acre commercial land in Island Park, NY, presents an opportunity for a 7-unit townhouse waterfront development. Each unit is planned to feature 3 bedrooms, 2.5 baths, formal dining rooms, an eat-in kitchen, a living room with a balcony, a primary suite, and a 1.5-car attached garage. The development also has the potential for 7 individual boat slips. The seller will provide approvals from the NY State DEC, Nassau County Planning Commission preliminary approval, Nassau County Department of Health, and TOH Town Board site plan approval and change of zone.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Island Park
    County
    Nassau
    State
    New York
    Longitude
    -73.642939
    Latitude
    40.613477

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    FAQs

    What type of property is this?
    Land - Waterfront land for townhouse development with approvals in place.
    Where is this land located?
    The property is located at Nevada Ave Island Park, NY.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - Waterfront development opportunity awaits!; - 7-unit townhouse complex ready for your vision.; - Potential for 7 individual boat slips to enhance the waterfront lifestyle.
    (516) 599-2800
    Request Owner's contact information
    Nevada Ave Island Park, NY 11558
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    Island Park, NY 11558
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Nevada Ave Island Park, NY 11558
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