Property profile

238 Ny-52 Carmel Hamlet, NY 10512

OFF-MARKET
Land
6.87 ac lot
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Property summary

AI-generated overview

This exceptional commercial land offering presents a rare opportunity to acquire 6.87 acres of prime real estate situated along Route 52 in Carmel Hamlet, New York. Boasting over 625 feet of road frontage, this property provides unparalleled visibility and exposure for any commercial venture. The land is comprised of three contiguous parcels, sold together, offering significant development potential. The parcels are identified by the following tax IDs: 44.9-2-20 (228-230 Route 52, 3.48 acres), 44.5-2-28 (238-240 Route 52, 0.95 acres), and 44.5-2-29 (238 Route 52, 2.39 acres). The property's location in Carmel Hamlet, Putnam County (with a Carmel Post Office address), provides convenient access to major transportation routes and a thriving community. Zoned for commercial use, this land is ideal for a wide range of development projects, capitalizing on its high traffic location and substantial acreage. The asking price for this unique opportunity is $600,000. This is a turnkey opportunity for investors seeking a high-impact commercial investment in a desirable location. The property's size and visibility make it an exceptional choice for businesses seeking maximum exposure and a strong presence in the area. Don't miss this chance to secure this strategically located commercial land.

Property profile

Verified
Property type Land
Lot 6.87 ac (299,257 SF)

Cap rate & NOI

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

Location

238 Ny-52 Carmel Hamlet, NY 10512
Carmel Hamlet metro
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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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