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1.75 Acre Ready-to-Build Waterfront Development Site For Sale

Market Price

401 Davenport Avenue, New Rochelle, NY 10805

Active
Last Updated: 09/24/2024

1.75 acres

Lot Area

R1-WF-10

Zoning

Details:
Lot Area:    1.75 acres
Zoning:    R1-WF-10
Buildable Area:    58,815 sqft
Description:

Nestled along the New Rochelle Harbor, this site embodies the picture-perfect location. Imagine a prestigious development opportunity set against the backdrop of Castaways Yacht Club. This is a unique chance to develop a luxury condominium complex offering unrivaled access to a captivating marina setting, blending elegance with the allure of waterfront living. Each residence will feature views of the marina’s shimmering waters, offering an ever-changing landscape that enhances the living experience. With an influx of high-net-worth individuals and a growing population in New Rochelle, the demand for luxurious waterfront living spaces is higher than ever. With market trends favoring high-end real estate, we anticipate strong sales with a projection of substantial revenue.

LOCATION
This development site is minutes away from the thriving district of downtown New Rochelle, offering an unparalleled blend of natural beauty and urban convenience. This prime location is strategically positioned to capitalize on the vibrant lifestyle and scenic allure of the marina setting, making it an ideal setting for a luxury condominium project. With direct access to the marina, residents can enjoy immediate engagement in a range of water-based activities, from boating to waterfront dining and social events. The site is just a short drive to downtown New Rochelle with major transportation routes and mass transit both easily accessible, putting New York City within reach. New Rochelle Harbor and the Long Island Sound side is just a stone’s throw from the development site and Davenport Avenue is a focal point for private waterfront beach, pool, tennis clubs, marinas, and the like. It is a popular destination for both residents and visitors, further enriching the lifestyle offerings of the area.

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