261 Ny-52, Carmel Hamlet, NY 10512
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.