Chappaqua, NY
FOR SALE: Downtown Chappaqua

FOR SALE: Downtown Chappaqua, Chappaqua, NY
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sq ft 12,000 sq ft

CHAPPAQUA DEVELOPMENT SITE FOR SALE

This is a rare opportunity to invest in a nationally known, affluent Westchester County suburb. Chappaqua (town of New Castle), which is practically recession-proof, is one of the wealthiest suburbs of New York City and in the nation as a whole. Above all, this is an existing cash-flowing property with huge potential market upside.

chappaqua hamlet rezoning initiative

This Chappaqua development site is located in the heart of the downtown area. Further, the downtown area is currently being up-zoned.  Additionally, The Chappaqua Hamlet rezoning initiative will permit multi-story, mixed-use at a far higher density than currently allowed.  Most importantly, under the current rezoning recommendations, the subject site would allow for 4-story development.

recent infrastructure projects

In 2019, Chappaqua completed an $11M+/- infrastructure and streetscape transformation.  This included widening sidewalks and adding pedestrian plazas.  In addition, bike racks, benches and an information kiosk were added. The subject site benefits greatly from these improvements.

transportaion and accessibility

This Chappaqua development site is located near all downtown retailers.  Additionally, there is direct access to the Saw Mill River Parkway.  Further, the site is walking distance to the Chappaqua Metro-North train station.  There is a plethora of reputable restaurants in the area which also bring in visitors from all over Westchester.

site highlights

  • Rare development site investment
  • Beneficial rezoning project underway
  • Existing cash-flowing property
  • Great frontage and visibility
  • Walk to Metro-North; Direct access to Saw Mill River Parkway
  • Directly benefits from Chappaqua’s recent infrastructure project

For more information on this Chappaqua development site, contact Jonathan Gordon, President and CEO of Admiral Real Estate Services Corp.

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Location

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Jonathan Gordon, CCIM, MSRE

Jonathan Gordon, CCIM, MSRE

President / CEO

914-779-8200 x115

As President/CEO, Jon oversees all matters relating to leasing and investment sales. He has experience in all aspects of real estate, including acquisitions & dispositions, financing, leasing, management and construction. Jon has closed over $900 million of transactions in Westchester..