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    OFF-MARKET
    Land

    400 Lattingtown Rd, Locust Valley, NY 11560

    15 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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