Listing Agency: Compass

Listed By: Tinka Shaw · License #10401282173 Show Phone

Source: Compass

Added: Mar 2, 2022 Changed: Sep 18 Last Checked: Sep 18 at 11:42AM

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Investment Insights

Based on property information with market context.

This 2.7-acre lot, situated within the gated community of Tuxedo Park, presents an opportunity for residential development. The property, formerly the site of the C.B. Alexander Tuxedo Park formal gardens, offers potential for constructing a home, with the possibility of adding a pool and tennis court, subject to necessary approvals. The lot is located in close proximity to the lake and the Racetrack Preserve, which has been recently restored. The property is bordered at its corner by stone walls. Located within 40 miles of New York City, the site offers convenient access to urban amenities.

Key Highlights

• 2. 7 acre lot in gated Tuxedo Park
• Opportunity to build a custom dream home with pool and tennis (subject to approvals)
• Located steps away from the lake and the newly restored Racetrack Preserve

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Furniture & Home Goods Garden Center Carpet & Flooring Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

25

Businesses Nearby

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Demographics for 10987, NY

4,454

Population

1,646

Households

2.7

Avg Household Size

47

Median Age

49%

College-Educated

96%

High-School Grad

33.4 sq mi

ZIP Area

133

Density / Sq Mi

$164,063

Median Household Income

$88,536

Median Earnings

$1,486

Median Rent

$682,800

Median Home Value

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Frequently Asked Questions

What type of property is this?

Land - 2.7 acre lot in gated Tuxedo Park community.

Where is this land located?

The property is located at 182 Tuxedo Road Tuxedo Park, NY.

What is the asking price?

The asking price for this property is $699,000.

What are key features of this property?

This property features: 2. 7 acre lot in gated Tuxedo Park; Opportunity to build a custom dream home with pool and tennis (subject to approvals); Located steps away from the lake and the newly restored Racetrack Preserve