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Commercial

1943 Baldwin Rd

1943 Baldwin Rd, Yorktown Heights, NY 10598

Listing Price: Request For Offer

Lot Size
10.52 acres
Land Type
Land

Investment Overview

Marcus & Millichap has been retained as the exclusive broker for the sale of 1943 Baldwin Road located in the bucolic and sought after Yorktown Heights, Northern Westchester County, with easy access to White Plains and New York City, via the Metro-North Train or Taconic State Parkway. The total lot size is 10.5 Acres or 458,233 square feet and is currently being operated as the Blossom Nursery. The property is zoned R1-40 which allows for a residential development.

The Town Board unanimously approved overlay districts for Yorktown Heights and Lake Osceola. As the name implies, the new districts “overlay” a property’s original zoning, which will remain in place. But for all intents and purposes, properties included in these new overlay districts have been rezoned and can now apply to take advantage of the flexible zoning standards. Certain types of developments (mixed-use, multifamily, retail, live/work) are encouraged while height and density restrictions are relaxed. The developers would be required to meet certain design standards that are not only considered “attractive” from an aesthetic standpoint but encourage walkability and shared parking.

Investment Highlights

  • A 10.52 Acre Residential Development Opportunity, Located Just Outside Overlay District
  • Revitalize Yorktown with Recently Approved Overlay District Encouraging Development
  • Strong Demographics | Average Household Income $176,000 in 3 Mile Radius
  • Conveniently Located 20 Miles From White Plains and 40 Miles From Manhattan
  • Favorable Demographic Shifts From New York City to Surrounding Suburban Counties
  • Increased Sewer Capacity for Overlay Zones and Subject Parcel

Exclusively Listed By

Financing By

Commercial

1943 Baldwin Rd

Listing Price: Request For Offer

Lot Size
10.52 acres
Land Type
Land

Investment Highlights

  • A 10.52 Acre Residential Development Opportunity, Located Just Outside Overlay District
  • Revitalize Yorktown with Recently Approved Overlay District Encouraging Development
  • Strong Demographics | Average Household Income $176,000 in 3 Mile Radius
  • Conveniently Located 20 Miles From White Plains and 40 Miles From Manhattan
  • Favorable Demographic Shifts From New York City to Surrounding Suburban Counties
  • Increased Sewer Capacity for Overlay Zones and Subject Parcel

Investment Overview

Marcus & Millichap has been retained as the exclusive broker for the sale of 1943 Baldwin Road located in the bucolic and sought after Yorktown Heights, Northern Westchester County, with easy access to White Plains and New York City, via the Metro-North Train or Taconic State Parkway. The total lot size is 10.5 Acres or 458,233 square feet and is currently being operated as the Blossom Nursery. The property is zoned R1-40 which allows for a residential development. The Town Board unanimously approved overlay districts for Yorktown Heights and Lake Osceola. As the name implies, the new districts “overlay” a property’s original zoning, which will remain in place. But for all intents and purposes, properties included in these new overlay districts have been rezoned and can now apply to take advantage of the flexible zoning standards. Certain types of developments (mixed-use, multifamily, retail, live/work) are encouraged while height and density restrictions are relaxed. The developers would be required to meet certain design standards that are not only considered “attractive” from an aesthetic standpoint but encourage walkability and shared parking.

Exclusively Listed By

Financing By

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