Property profile

245 Nichols St Carmel Hamlet, NY 10512

OFF-MARKET
Land
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 135-acre development site, located at 245 Nichols St, Carmel Hamlet, NY 10512, presents a unique opportunity for large-scale industrial development. Zoned PUD (Planned Unit Development) in Putnam County, this expansive parcel of rolling land offers unparalleled potential for a substantial warehouse and/or office complex. Preliminary approvals are in place, streamlining the development process. The property boasts convenient access to major transportation arteries, including Route 52, Interstate 84, and Interstate 684, ensuring seamless logistics and efficient distribution networks. Its proximity to railway lines and airports further enhances its strategic location and accessibility. This prime location allows for the construction of over 400,000 square feet of warehouse space, making it an ideal investment for developers seeking a significant project with high returns. The property's size and strategic location make it a rare find in the thriving New York market. Contact us today to discuss pricing and explore the possibilities of this exceptional development opportunity. This is a truly remarkable chance to acquire a substantial land parcel with significant development potential in a highly desirable location.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

245 Nichols St Carmel Hamlet, NY 10512
Carmel Hamlet metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 245 Nichols St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message