221 Central Avenue, White Plains, NY 10606

$1,600,000

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List Price
$1,600,000
Status
ACTIVE
MLS#
1027795
Lot Size
6,354
Year Built
1924
Acres
0.15

Property Description

Prime Development Opportunity in White Plains Unlock the potential of this expansive two houses lot (200 x 125 sq. ft.) situated in a highly desirable, high-growth corridor. Zoned B-3, which is intended to support a mix of uses, including multi-family housing (15 condo units), retail shopping at the ground floor, and offices that benefit from proximity to transit, employment, and commercial opportunities. This parcel offers an excellent footprint for a multi-family development or a luxury custom residence. Conveniently located just steps from public transit and local amenities, this property is a blank canvas for builders and developers ready to capitalize on strong neighborhood demand. Existing two lots contain two properties are current rented and income generating which gives the developer a flexible timeline to construct the new build or rehab for better ROI; . Maximize your ROI—bring your architects and plans today!

Additional Information

Interior Features
First Floor Full Bath
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Trash Collection Public, Water Connected
Parking
Driveway, Parking Lot
Water
Public
Basement
Partially Finished
Basement Description
Partially Finished
Heating
Forced Air

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Michael Hur (michael.hur@gmail.com) from Listing Office: Premier Agent Network.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.