771 Stoneleigh Ave, Carmel Hamlet, NY 10512
This exceptional 1.1-acre commercial land parcel is ideally situated in Carmel Hamlet, New York, at 771 Stoneleigh Ave, zip code 10512. Its prime location near Putnam Hospital makes it exceptionally attractive for a variety of commercial ventures. The property boasts a semi-corner lot configuration and is zoned for commercial use, permitting a wide range of businesses. Permitted uses include general business and professional offices, government and municipal service buildings, and restaurants – a particularly advantageous feature given its proximity to the hospital. The high traffic count of 8,500 ADT ensures significant visibility and accessibility. This property presents a unique opportunity for developers and investors seeking a well-located site in a thriving suburban New York community. The asking price is $99,000. The property is being sold "as is," subject to municipal approvals. This land offers significant potential for building and owning a successful commercial enterprise. The property is located in Putnam County and offers a substantial opportunity for growth and development.
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
Similar Nearby for Sale
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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.