John Conti Purchases Development Site In Yorktown Heights From Steven Price For $1.395M
1771 Front Street
$1,395,000
$279/SF
Building Size
5,000 SF
Asset Type
Development Site
Closing
Feb 11, 2026
AI
This development site, located at 1771 Front Street in Yorktown Heights, was sold for $1,395,000. The asset encompasses 3.39 acres, resulting in a price per acre of $411,504.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $1,395,000
- Address: 1771 Front Street
- Market: Yorktown Heights
- Acreage: 3.39
- Price Per Acre: $411,504
- Buyer: John Conti
- Seller: Steven Price
- Seller's Representative: Michael Scrima & Thomas Gorman Jr. - Houlihan Lawrence Commercial
- Buyer's Representative: Johnathan Clott - Vision Property Group LLC
Michael Scrima and Thomas Gorman Jr. of Houlihan Lawrence Commercial represented the seller, while Johnathan Clott from Vision Property Group LLC served as the representative for the buyer, John Conti.
Players
Yorktown Heights 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
11.37%
Cash-on-Cash
-3.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93