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
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