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Updated over 1 year ago,
Advice for selling ~1 acre lot in Tarrytown
Hello BP family!
I have two adjacent lots in Tarrytown that are approx. 1 acre combined. One lot is completely undeveloped and the other has a single family home. I would be interested in potentially selling both lots - ideally with a 12 month leaseback arrangement for the lot with a home currently on it. My hypothesis is a developer may want to lock in a lot of this size so they can build when rates normalize.
What's the best way to test this market? I had considered emailing ATX-based luxury developers directly but I'd love to hear from the collective BP wisdom.
I have two adjacent lots in Tarrytown that are approx. 1 acre combined. One lot is completely undeveloped and the other has a single family home. I would be interested in potentially selling both lots - ideally with a 12 month leaseback arrangement for the lot with a home currently on it. My hypothesis is a developer may want to lock in a lot of this size so they can build when rates normalize.
What's the best way to test this market? I had considered emailing ATX-based luxury developers directly but I'd love to hear from the collective BP wisdom.