Investor special. Rare opportunity to acquire two fully approved lots totaling approximately 37,897 SF in a premier Closter subdivision. Each lot is approved for a two-family home with Approximately ~3,500 SF of living space in each unit and an attached two-car garage. Four total units are approved for 5 bedrooms, 4.5 baths, plus a bonus office, offering ideal layouts for today’s luxury market. This shovel-ready project includes an approved subdivision, completed engineering, concept plans, and full architectural drawings, allowing almost immediate construction, two weeks. Currently, there is an existing single-family home on the property that is rented month-to-month, providing interim income and flexibility prior to development. Located in highly desirable Closter, known for top-rated schools, limited new construction, strong luxury comps, and easy access to Manhattan. Excellent opportunity for build-to-sell, long-term hold, or hybrid strategy with strong short- and long-term ROI potential.
Show all descriptionProminent Properties Sotheby's International Realty-Tenafly
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