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    OFF-MARKET
    Land

    771 Stoneleigh Ave, Carmel Hamlet, NY 10512

    1.1 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 1.1 ac (47,916 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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