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    Property profile & analytics

    85 Phillips Ave Remsenburg-Speonk, NY 11972

    • Commercial real estate
    • 20,000.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US63-6137464
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 85 Phillips Ave

    Lot size
    20,000.00 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 20,000-30,000 acre property in Remsenburg-Speonk, NY, offers a unique opportunity to develop seven approved residential building lots. Each lot ranges from 0.5 to 0.75 acres, providing ample space for custom home construction. The subdivision boasts pre-installed road infrastructure and underground utilities, simplifying the building process. Conventional sanitary systems are in place, and the lots are zoned for residential use. The property is conveniently located within the Eastport-South Manor school district, serving Tuttle Avenue Elementary School, Eastport-South Manor Jr-Sr High School. The individual lot prices start at $499,999, presenting an attractive investment opportunity for builders and homebuyers alike. This is a turnkey opportunity to create a thriving residential community in a desirable location. The property's DSBL numbers are 0900-350-03-88.1, 88.2, 88.3, 88.4, 88.5, 88.6, and 88.7. The address is 85 N Phillips Ave, Remsenburg-Speonk, NY 11972. This is a rare chance to acquire a fully approved subdivision ready for immediate development.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Remsenburg-Speonk
    County
    Suffolk
    State
    New York
    Longitude
    -72.704261
    Latitude
    40.8230549
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    85 Phillips Ave
    Remsenburg-Speonk, NY 11972
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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