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1613 Coates Avenue, Holbrook, NY 11741

For Sale

$1,500,000

3.29 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 3.3 acres
    Lot size

Explore this Property

Exciting Development Opportunity in Holbrook! This is your chance to secure an exceptional 3.29-acre estate with approved site plans for a sought-after subdivision! Located in the heart of Holbrook, this prime land is already approved by the Town of Islip for a cul-de-sac development featuring four 1/2-acre lots, each ready for the construction of stunning 4,725 sq. ft. single-family homes. But that s not all! This property includes a fifth lot with a well-maintained, tenant-occupied 2-bedroom ranch, providing immediate rental income potential while you plan and break ground on your project or they will leave if not desired. Centrally located to the LIRR Ronkonkoma hub and Long Island MacArthur Airport, this land is positioned perfectly for future growth. Both locations are part of an exciting, multi-billion dollar revitalization project. Ronkonkoma is undergoing a once-in-a-generation transit-oriented development, bringing a new Life Sciences/Commercial District, retail and shopping options, as well as a convention center and hotel to the area. Additionally, the Town of Islip is actively promoting accessory apartments in single-family homes, providing even more flexibility and potential value for your new development. With homes up to 4,725 sq. ft. and the opportunity to incorporate accessory apartments, these new homes will not only meet market demand, they will exceed it. Don t miss out on this golden opportunity to build in a rapidly growing area. These homes will fly off the market at top value. Let's secure your future today!
MLS# 810454

Courtesy Of Seal the Deal Real Estate

(631) 456-4600

Property Features

  • Amenities
    Dock
  • Architecture Style
    Other
  • Lot Size
    3.29 Acres

Map and Directions

Directions to 1613 Coates Avenue, Holbrook, NY 11741

Home seller CENTURY 21 Adams Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Adams Real Estate

(631) 661-7200
Learn More About Us

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Monthly Payment Breakdown

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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