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Property profile & analytics
OFF-MARKET
Commercial real estate

85 Phillips Ave Remsenburg-Speonk, NY 11972

20000 ac lot
Property ID
US63-6137464
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 20000 ac (871,200,000 SF)
UPID US63-6137464
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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