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    673 W 187Th St New York, NY 10033

    For Sale
    $1,500,000

    25x100 development site with approved plans for residential building.

    Lot size:
    0.05 Acres

    Property Features for 673 W 187Th St

    General Information

    Lot size
    0.05 Acres

    Source: Schuckman Realty Inc. Agent Baruch Edelkopf

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Development Site with Approved Plans

    This property is a 25x100 development site with approved plans for a six-story, 8,665 square foot twelve-unit residential elevator building. The site is located in a Qualified Opportunity Zone, a couple of blocks from the 191st Street 1 train and the 181st St A train. It is also near Yeshiva University, The Milstein Hospital Building, and New York-Presbyterian Medical Center.
    Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9331073
    Latitude
    40.8542102

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    FAQs

    What type of property is this?
    Land - 25x100 development site with approved plans for residential building.
    Where is this land located?
    The property is located at 673 W 187Th St New York, NY.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Approved plans for a **six-story, twelve-unit residential elevator building**.; - Located in a Qualified Opportunity Zone.; - Development site dimensions: 25x100.
    (718) 964-9048
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    673 W 187Th St New York, NY 10033
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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
    673 W 187Th St New York, NY 10033
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