Updated Nov 25, 2025
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
About this deal
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.
On the Map
$4,450,000
Development Site
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West Harrison Development Site Market Snapshot
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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