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40 Underhill Place, West Harrison, NY, 10604 $1,075,000

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Details ML#: 893855  

  • Business Type: Multi-Family, Residential
  • Taxes: $16,817
  • Status:Active

Description

Investor’s Dream: Shovel-Ready Lot for a Luxury Townhouse Duplex – $1.3M to $1.5M Per Side Value & $18K Monthly Income PotentialInvestors, Builders, and End Users – Calling All! This lot is fully prepped and shovel-ready for construction with a foundation pin survey completed and plans approved for a stunning side-by-side townhouses build, featuring 6 bedrooms and 5.5 bathrooms in each unit. The property is in the process of condo conversion, allowing each side to be separately deeded with a 6-bedroom, 5.5-bathroom C/O per unit. Seller can transfer the condo conversion and approved building plans to the buyer, with both architect and attorney services already retained and paid. Each side has a projected Townhouse condo value of $1, 300, 000 to $1, 500, 000 when complete and can generate approximately $9, 000 per month in rental income per side. Situated on a Rare 75 x 100 lot. Approved plans available in the document center.

More Property Details

Property Features

Lot Size: 0.18   Lot Sq Ft: 7500  

Appliances & Utilities

Water: Public   Sewer: Public Sewer  

Financial

Taxes: $16,817  

Local Area Information

School District: Samuel J Preston School  

Listing Information provided courtesy of Berkshire Hathaway HS NY Prop  914-779-1700
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