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3144 Sands Place
House in Pelham Bay •  building info
4bd • 3ba • 5,000ft² $160 per ft²
List Price

$799,999

Key Details
Listed today
Last price change
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Estimated payment
$4,852/mo
Taxes
$535/mo
Maintenance
N/A
Description
Here's a rare development deal in a prime Pelham Bay location. 3144 Sands Place (50x100 lot) is being sold together with the adjacent 3146 Sands Place (25x100 vacant lot) as a package deal for $999,999, offering a combined 75x100 (7,500 SF) lot with multiple development potential. After architectural zoning analysis, there are options for builders looking to maximize the site. Option 1 includes separating the property into three 25x100 lots and constructing three 15-foot-wide homes at approximately 1,500 SF each, designed with duplex layouts and rear ADUs, allowing for a potential total of 6 to 9 units depending on final configuration. Option 2 includes renovating the existing house on the 50x100 lot, converting the garage into an approximately 800 SF 2-bedroom ADU with kitchen and bath, and building an additional 1,500 SF home with a rear ADU, creating a potential total of 6 units (2 two-family homes and 2 one-family ADUs). Fencing and demolition approvals are already in place, and schematic drawings for Option 1 are included in the photos to showcase the proposed design concept. Just a short walk to the 6 train on Westchester Avenue, close to local shops, restaurants, schools, and minutes to I-95, Hutchinson River Parkway, and Pelham Bay Park — making this a highly convenient location that will continue to attract strong tenant demand.

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Building info

History
What it'll cost
Purchase price
$799,000
Asking Price: $799,999
Term
30 Years
Down Payment
$79,000 (10%)
Min: 10% (79,000)
Rate
6.0 %
Mortgage Amount
$719,999
Mortgage Payment
$4,317
Taxes
$535
Estimated closing cost
$24,000
Total monthly cost $4,852
Listing Courtesy of eXp Realty

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