About 40 Underhill Place
Investor’s Dream: Shovel-Ready Lot for a Luxury Townhouse Duplex – $1.3M to $1.5M Per Side Value & $18K Monthly Income Potential Investors, Builders, and End Users – Calling All! This lot is fully prepped and shovel-ready for construction with a foundation pin survey completed and plans approved for a stunning side-by-side townhouses build, featuring 6 bedrooms and 5.5 bathrooms in each unit. The property is in the process of condo conversion, allowing each side to be separately deeded with a 6-bedroom, 5.5-bathroom C/O per unit. Seller can transfer the condo conversion and approved building plans to the buyer, with both architect and attorney services already retained and paid. Each side has a projected Townhouse condo value of $1,300,000 to $1,500,000 when complete and can generate approximately $9,000 per month in rental income per side. Situated on a Rare 75 x 100 lot. Approved plans available in the document center.
Features of 40 Underhill Place
| MLS® # | 893855 |
|---|---|
| Price | $1,075,000 |
| Sold Price | $996,000 |
| Date Sold | September 15th, 2025 |
| Acres | 0.18 |
| Taxes | $16,817 |
| Type | Land |
| Status | Closed |
Community Information
| Address | 40 Underhill Place |
|---|---|
| City | West Harrison |
| County | Westchester County |
| State | NY |
| Zip Code | 10604 |
| Adult 55+ Community | No |
Amenities
| Utilities | Electricity Available, Natural Gas Available, Sewer Available, Trash Collection Public, Water Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
School Information
| District | Harrison |
|---|---|
| Elementary | Samuel J Preston School |
| Middle | Louis M Klein Middle School |
| High | Harrison High School |
Additional Information
| Date Listed | July 25th, 2025 |
|---|---|
| Days on Market | 402 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Berkshire Hathaway HS NY Prop |
|---|