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MANHASSET LONG ISLAND NEW YORK
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56-58 Still Rd, Monroe, NY, 10950 $2,599,000

Misc For Sale 7 Beds , 3 Full Bath  

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Details ML#: H6336208  

  • Style: Craftsman
  • # of Families: 3
  • Year Built: 1900
  • Taxes: $16,619
  • Status:Active

Description

This is a rare investment opportunity!Exploring the potential of land development reveals several possibilities. Every 20, 000-square-foot plot can accommodate a single-family house, for a total of 12 houses. However, if it is built as a 55+ community, the same area can have 22 single-family units. If you choose to build multi-dwelling buildings, you can build 5 buildings, each with 15 units. For instance, there are 2 beautiful renovated houses, The current rent is $5, 350 Monthly and, $64, 200 yearly Starting September 2025 rent will be $6, 150 Monthly, and $73, 800 yearly. The property has municipal water and municipal sewer. This site is very builder-friendly, Wide open, with no rock or ledge, and very accessible to retail, within walking distance of all amenities. Don’t miss this one!

More Property Details

Room Information

Bedroom: 7   Full Bath: 3  

Property Features

Lot Size: 6.9   Lot Sq Ft: 300564   Parking Spaces: Yes   Parking Spaces: 1   Parking Facilities: Attached, Storage  

Appliances & Utilities

Heat: Natural Gas, Forced Air   A/C: None   Water: Public   Sewer: Public Sewer  

Financial

Taxes: $16,619  

Local Area Information

School District: Pine Tree Elementary School  

Listing Information provided courtesy of Exit Realty Venture  845-608-1531
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OneKey™ MLSThe source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS
127 Plandome Road
MANHASSET LONG ISLAND NEW YORK
516.627.4422
ESTABLISHED IN 1946
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