Property profile

Us-11 Us Rt 11/ Carly Ct Central Square, NY 13036

OFF-MARKET
Land
128.5 ac lot
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Property summary

AI-generated overview

Exceptional investment opportunity: 128.5 acres of land zoned for mixed use in the Village of Central Square and Town of Hastings, NY. This expansive property, encompassing three adjacent parcels (APN #'s 353289-293-000-0002-003-100-0000, # 353289-276-000-0005-006-310-0000, # 353289-293-000-0002-002-010-0000), presents a significant residential development opportunity. Previously slated for subdivision, substantial due diligence has already been completed, streamlining the development process for the buyer. The property boasts convenient access to public water and National Grid utilities, which are capped off on-site. The asking price is $1,500,000. This represents a rare chance to acquire a large parcel in a location with a demonstrated need for new residential housing. The individual parcel sizes are approximately 28.50 acres, 44.98 acres, and 55.12 acres, totaling 128.5 acres. All three tax map numbers must be included in any offer. This is a prime location for developers and builders seeking a substantial project in a growing area.

Property profile

Verified
Property type Land
Lot 128.5 ac (5,597,460 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Us-11 Us Rt 11/ Carly Ct Central Square, NY 13036
Central Square metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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