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    55 Schriever Ln New City, NY 10956

    Sponsored
    For Sale
    $7,750,000

    Prime New City development land, R-15 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 14.2-acre commercial land parcel is situated in the heart of New City, New York, at 55 Schriever Lane, zip code 10956. Located in Rockland County, this property presents a rare opportunity for significant development. The R-15 zoning allows for a multitude of uses, making it ideal for investors seeking to capitalize on the thriving business environment and dynamic local culture of New City. Its expansive size provides ample space for a wide range of projects, catering to the needs of both residents and visitors. The property's strategic location within the bustling hamlet ensures high visibility and accessibility, attracting significant attention. Surrounded by established businesses and vibrant streets, this land offers an unparalleled chance to contribute to the continued growth and development of the area. The asking price for this prime commercial land is $7,750,000. Don't miss this chance to acquire a substantial piece of New City's commercial landscape. This is an excellent investment opportunity for those looking to build upon the success of the New York City suburbs.

    Property Features for 55 Schriever Ln

    General Information

    Property type
    Land
    Lot Size
    618,552 SF

    HighLights

    • $7,750,000 asking price.
    • 14.2‑acre commercial land parcel.
    • R‑15 zoning.
    • Located in New City, NY (Rockland County).
    • Prime location in the heart of New City, ideal for development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    New City
    County
    Rockland
    State
    New York
    Longitude
    -73.993702
    Latitude
    41.140269

    Nearby Comparable

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    Nearby Similar for Sale

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      Freestanding commercial building in New City, NY with two spaces.
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      Free-standing retail/office space in a high-traffic New City location.
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      Prime New City Gas Station

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    FAQs

    What type of property is this?
    Land - Prime New City development land, R-15 zoning.
    Where is this land located?
    The property is located at 55 Schriever Ln New City, NY.
    What is the asking price?
    The asking price for this property is $7,750,000.
    What are key features of this property?
    This property features: $7,750,000 asking price.; 14.2-acre commercial land parcel.; R-15 zoning.
    (845) 450-6500
    Request Owner's contact information
    55 Schriever Ln New City, NY 10956
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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
    55 Schriever Ln New City, NY 10956
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