Bayville Ny vacant lot – walking distance to the beach (Buy for $160,000 sell for $340,000)

This project has already been successfully funded. New opportunities are added regularly.

Property Details

  • Time to Build
    n/a
  • State
    Ny
  • County
    Nassau
  • City
    Bayville
  • GPS
    40.909113, -73.577680
  • Curent Zoning
    Single Family
  • General Elevation
    1
  • Taxes
    $500
  • Conveyance
    Warranty Deed
  • Sewer
    Provided by the City
  • Parcel Size (in acres)
    .10
  • Zip
    11709
  • Title Info
    Michael Ryan
  • Access
    Road frontage from Bud Ct
  • Terrain
    Flat
  • HOA Fees
    N/a
  • Power
    Provided by the City (Poles in the area)
  • Water
    Provided by the City
  • Phone
    Provided by the City (Poles in the area)

Transaction Details

Total Transaction Purchase Price (including closing costs): $162,000
Anticipated Sale Price: $340,000
Anticipated Transaction Completion Time (cash in to cash out for equity partner): 60-90 days
Escrow or Notary Acquisition? Escrow
Escrow or Notary Sale? Escrow
Percent of Funding from Partner Required: 100%
Equity Partner Profit Split: 50/50%
Anticipated Budget: $340,000 - 162,000 = 178,000 / 2 = 89,000

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