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Long Island Avenue, Medford, NY 11763

MLS# 3543108 

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[Medford Real Estate, listing number 2378768]



Description:
This is a unique opportunity in the form of a vacant plot spanning 1.87 acres, designated for residential use. It has exceptional potential for enhancing both commercial and residential projects within Suffolk County through health department credits (including sanitary / transfer density credits). This property offers the strategic advantage of increasing a project''s flow rate. It is an ideal choice for developers seeking to expand restaurant capacity, enlarge residential homes, or boost the size of medical or retail buildings without additional land. This land is a versatile asset, poised to meet a range of development needs by leveraging its capacity for density credit transfers, optimizing the value and utility of smaller-scale projects. Route 112, then East on Long Island Ave. 2/3 mile on South Side. Look for The RED RIBBON on the TREE in Photo #2This is a unique opportunity in the form of a vacant plot spanning 1.87 acres, designated for residential use. It has exceptional potential for enhancing both commercial and residential projects within Suffolk County through health department credits (including sanitary / transfer density credits). This property offers the strategic advantage of increasing a project''s flow rate. It is an ideal choice for developers seeking to expand restaurant capacity, enlarge residential homes, or boost the size of medical or retail buildings without additional land. This land is a versatile asset, poised to meet a range of development needs by leveraging its capacity for density credit transfers, optimizing the value and utility of smaller-scale projects. Route 112, then East on Long Island Ave. 2/3 mile on South Side. Look for The RED RIBBON on the TREE in Photo #2

Details:
Property Type: Land
Lot Size: 1.87
Acres: 1.94
Built: 0
School District: Patchogue-Medford

Financials:
Price: $99,000
Taxes: $2,319

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The 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.
Listing Information provided courtesy of Homeside Realty, Frank Profeta - 631-289-5151

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