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Property profile

0 College Rd Monsey, NY 10952

OFF-MARKET
Land
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Property summary

AI-generated overview

Exceptional investment opportunity awaits with this expansive 3+ acre parcel of land located in desirable Monsey, NY, zip code 10952. This property boasts a highly advantageous R25 zoning designation, ensuring 100% buildability and maximizing development potential. The absence of wetlands simplifies the development process, eliminating potential environmental hurdles. Strategically positioned with dual road frontages on College Road and Raoul Court, the property offers excellent accessibility and visibility. The location itself is a key selling point, nestled within an upscale, pedestrian-friendly neighborhood, providing a desirable setting for any future development. Furthermore, its proximity to major transportation arteries enhances its appeal. Route 59 is a mere one-third of a mile away, while the New York State Thruway is conveniently located just 1.8 miles from the property, providing easy access to regional and national transportation networks. The asking price for this remarkable property is $10,500,000. This presents a rare chance to acquire a significant land holding in a thriving and sought-after area of Rockland County, New York. Don't miss this opportunity to capitalize on the exceptional potential of this prime commercial and residential land.

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

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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