Property profile

400 Lattingtown Rd Locust Valley, NY 11560

OFF-MARKET
Land
15 ac lot
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Property summary

AI-generated overview

This exceptional 15-acre parcel in Locust Valley, NY, presents a unique development opportunity. Located at 400 Lattingtown Rd, 11560, Nassau County, this property is zoned for residential use and offers the potential for single-family home development. The land is already subdivided into three approximately 5-acre lots, simplifying the development process. Situated in close proximity to the beach, this location provides an exclusive and highly desirable setting. The asking price is $4,798,000. This represents a rare opportunity to acquire a significant land holding in a prime coastal location. The property's size and subdivision make it ideal for a variety of residential projects, catering to the high demand for luxury homes in this exclusive area. The convenient location near the beach adds significant value and appeal to potential buyers. Don't miss this chance to secure this exceptional piece of land. This is a motivated seller, and the price has recently been reduced.

Property profile

Verified
Property type Land
Lot 15 ac (653,400 SF)

Cap rate & NOI

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

Location

400 Lattingtown Rd Locust Valley, NY 11560
Locust Valley metro
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Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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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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