Property profile

195 Pomander Dr White Plains, NY 10607

OFF-MARKET
Land
7.2 ac lot
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Property summary

AI-generated overview

This exceptional 7.2-acre parcel in White Plains, NY, presents a remarkable opportunity for residential development. Located in the desirable Town of Greenburgh, Westchester County, this R-10 zoned land offers the potential to create a 27-lot subdivision. The property boasts a prime location at the corner of Dobbs Ferry Road and the NY Sprain Brook Parkway, providing convenient access to both suburban tranquility and the vibrant amenities of White Plains and New York City. A short 25-mile commute to Midtown Manhattan adds significant appeal. Municipal water and sewer services are readily available, streamlining the development process. The expansive lot size, combined with its strategic location and zoning, makes this an ideal investment for developers seeking to capitalize on the high demand for luxury homes in this sought-after area. This is a unique chance to build a thriving residential community in a prime Westchester County location. The property's address is 195 Pomander Dr, White Plains, NY 10607, with an additional address listed as 500 Dobbs Ferry Rd, White Plains, NY 10607. The asking price is $1,700,000. Further details, including a property survey, are available upon request.

Property profile

Verified
Property type Land
Lot 7.2 ac (313,632 SF)

Cap rate & NOI

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

Location

195 Pomander Dr White Plains, NY 10607
White Plains metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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