Investor’s Dream: Shovel-Ready Lot for a Luxury Townhouse Duplex – $1.3M to $1.5M Per Side Value & $18K Monthly Income Potential
Investors, Builders, and End Users – Calling All! This lot is fully prepped and shovel-ready for construction with a foundation pin survey completed and plans approved for a stunning side-by-side townhouses build, featuring 6 bedrooms and 5.5 bathrooms in each unit. The property is in the process of condo conversion, allowing each side to be separately deeded with a 6-bedroom, 5.5-bathroom C/O per unit. Seller can transfer the condo conversion and approved building plans to the buyer, with both architect and attorney services already retained and paid. Each side has a projected Townhouse condo value of $1,300,000 to $1,500,000 when complete and can generate approximately $9,000 per month in rental income per side. Situated on a Rare 75 x 100 lot. Approved plans available in the document center.
Lot/land
$1,075,000
40 Underhill Place, West Harrison, NY 10604
--beds
--baths
7,500Square Feet
Land
Built in ----
7,500 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Shovel-ready lot
- 35 days
- on Zillow |
- 461 |
- 17 |
Zillow last checked: 7 hours ago
Listing updated: July 30, 2025 at 12:15am
Listing by:
Berkshire Hathaway HS NY Prop 914-779-1700,
Alfred Bruno 914-290-2962
Source: OneKey® MLS,MLS#: 893855

Travel times
Facts & features
Property
Lot
- Size: 7,500 Square Feet
Details
- Parcel number: 2801000811000000000055
- Special conditions: None
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available, Sewer Available, Trash Collection Public, Water Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: West Harrison
Financial & listing details
- Tax assessed value: $9,550
- Annual tax amount: $16,817
- Date on market: 7/27/2025
- Cumulative days on market: 36 days
- Listing agreement: Exclusive Right To Sell
- Inclusions: APPROVED PLANS, CONDO CONVERSION IN PLACE 2 SEPARTE DEEDS, SITE PLANS, BUILDING APPROVAL, SURVEYS INCLUDED
- Electric utility on property: Yes
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