Property summary
This exceptional 10.65-acre commercial land parcel presents a remarkable investment opportunity in Carmel Hamlet, New York. Strategically located on Route 52 in Putnam County, this property boasts over 500 feet of road frontage, ensuring high visibility and accessibility. The site enjoys a prominent position with an estimated 11,614 Average Annual Daily Traffic (AADT) based on 2019 New York State Department of Transportation data. Its Commercial zoning allows for a wide range of permitted uses, including self-storage facilities, car washes, shopping centers, supermarkets, nursery schools, hotels and motels, funeral homes, restaurants, retail stores, office buildings, nursing homes, and automotive businesses. While some uses are permitted outright, others may require Planning Board approval. The property's size and location make it ideal for a variety of development projects, capitalizing on the high traffic volume and proximity to major retail establishments. The asking price is $2,500,000. The property's address is 261 NY-52, Carmel Hamlet, NY 10512. This prime location offers unparalleled potential for significant return on investment. Serious inquiries are encouraged.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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