Residential Land For Sale

Picture of Residential Land For Sale in New Rochelle, New York, United States

$800,000

516 Pelham Rd
New Rochelle, New York, United States

Listed By: Realtyww Info

Listed On: 08/14/2024

Listing ID: GL11624911 View More Details

Description

This 0.16 acre former gas station has lost its commercial zoning privilege and reverts back to multi-family zone. In its current state, the garage would have to be removed so possible townhomes can be built. There is also a 0.05 acre lot behind the garage on the Drake Avenue side that is included in the sale making the total size of the property 0.21 acres. There is no guarantee for how many can be built but we believe that a minimum of two or possibly three townhomes can be built. As stated, this was a former gas station and there may be some contamination remaining to be resolved. There are two townhome developments on two of the three corners of Pelham Road and Drake Avenue. Please contact us today for any further information.

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Listed by: Anthony Marciano

Source: The World Property Journal

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