Listed by Compass Greater NY, LLC
$800,000
451 Underhill Road
Details
APN 2689-008-330-00244-000-0012
Property Type Land, Mixed Use
Sub Type Mixed Use
Acreage 1.090
Land | 1.09 acres
Marketing description
Don’t miss this exceptionally rare opportunity to control a substantial land assemblage in the highly coveted Edgemont School District, where new-construction opportunities are increasingly scarce.
The offering consists of two parcels located directly across the street from one another, totaling approximately 5 acres: a ~4-acre parcel with a long-established history as a gardening nursery dating back to the 1940s, and a separate ~1-acre parcel. The property is being conveyed for land value and redevelopment potential, presenting a compelling canvas for a sophisticated builder or developer to create a premier residential enclave in an established, high-demand setting. The site offers meaningful flexibility, with the ultimate configuration to be shaped by vision, design, and municipal approvals. It is widely understood that town preference favors single-family residential development, making this a particularly attractive opportunity for luxury or semi-custom new construction.
Future end-users will enjoy exceptional proximity to major highways and Metro-North, along with access to nationally ranked schools, parks, country clubs, and lifestyle amenities that define the Edgemont and greater Scarsdale appeal. A rare chance to deliver thoughtfully designed new homes in one of Westchester’s most enduring and desirable markets.
Listing Contacts
Listed by Compass Greater NY, LLC
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?









