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1700 Old Orchard Street

Vacant Development Site At 1700 Old Orchard Street Sold For $4.45 Million In West Harrison
SOLDDevelopment Site

Vacant Development Site At 1700 Old Orchard Street Sold For $4.45 Million In West Harrison

1700 Old Orchard Street

$4,450,000

Building Size

Asset Type

Development Site

Closing

Nov 17, 2025

AI

The property involved in this transaction is a vacant campus and unentitled development site located at 1700 Old Orchard Street in West Harrison, Westchester, NY. The site encompasses approximately 35.81 acres and was transacted for a sale price of $4,450,000, resulting in a per-acre price of $124,267.

Summary of transation details:

  • Property Type: Vacant Campus / Unentitled Development Site
  • Transaction Amount: $4,450,000
  • Address: 1700 Old Orchard Street
  • Market: West Harrison, Westchester, NY
  • Acres: 35.81
  • Price Per Acre: $124,267

The transaction was brokered by Michael A. Tortorici, Victor Sozio, James Nestor and Erik Moloney from Ariel Property Advisors, representing the seller in this deal.

Players

Michael A. Tortorici

Ariel Property Advisors

Broker

$908.9M

vol

48 deals

Broker
Ariel Property Advisors
Ariel Property AdvisorsBrokerage

West Harrison Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.56%

Cash-on-Cash

-1.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93