Exceptional development and investment opportunity in East Patchogue, located on Munsell Road. 493 Munsell Road offers a fully approved 3-lot subdivision, providing immediate rental income along with significant future development potential.Lot 1 features an existing 2-story residence with 4 bedrooms and 3 full bathrooms. The home is currently rented with a rental permit in place, generating approximately $4,000 per month in rental income.Lots 2 and 3 are vacant parcels, with Lot 3 configured as a flag lot, both approved for new construction. Proposed plans call for two new 2-story homes, each offering 7 bedrooms and 4 full bathrooms (plans available).Subdivision approvals have been completed, making this a rare opportunity for investors or builders seeking a cash-flowing property with multiple approved buildable lots in a high-demand South Shore location.
Listing By
Agency Name: VYLLA Home
Agency Contact: 888-575-2773
Shown By
Agent Name: Justine Nerzig
Agent Phone: Cell: (631) 639-0830
Agency Title: Howard Hanna | Coach Realtors
Estimated Payment
$ 7,154.26 per month $5,797.67 Principal & Interest $962.83 Property Tax $393.75 Homeowner's Insurance
493 Munsell Road | MLS# 949387
This single family home located at 493 Munsell Road , East Patchogue, NY 11772 is currently listed for sale with an asking price of $1,350,000. This property was built in 1910 and has 4 bedrooms and 3 full baths with 1520 sq. ft. Munsell Road is located within the Patchogue-Medford school district. Search East Patchogue real estate on www.justinenerzig.com today.