#801192, Listing Office: Certified Homes Inc.
Property details
About 100 Lorraine Ter
Unlock the potential of this prime 24,178 square foot lot, offering a rare opportunity to create something truly special in a highly sought-after location. Zoned R1-7, which currently permits single-family development with a 7,000 square foot minimum lot size, this site provides a solid foundation for residential projects. Given its proximity to Lorraine Terrace, a neighborhood of apartment buildings, there may also be an opportunity to seek a zoning variance for a larger-scale residential development. Conveniently positioned with easy access to major highways, public transportation, schools, and local amenities, this site is perfectly situated for growth and development. To the north, the Oakwood Gardens complex of nine 5-story apartment buildings offers a potential neighbor for a larger residential project. The east side of Lorraine Avenue features three apartment buildings totaling 26 units, further enhancing the area’s appeal. Whether you're an investor, developer, or visionary home builder, this lot offers an exciting blank canvas to shape the future of this thriving community. Disclaimer: This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage, age, zoning, lot size are approximate. Buyer must verify the information and bears all risk for any inaccuracies
Highlights
Summary
- MLS Number: 489038
- Office Name: Keller Williams Realty Empire
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Last updated on: 3/15/2025, 5:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$850,000
100 Lorraine Ter
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Price information
Property sales
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Tax history
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Nearby schools
8
Hutchinson Elementary School
Public District KG-5
0.5 mi
•301 Third Ave
10
Colonial Elementary School
Public District KG-5
0.9 mi
•315 Highbrook Ave
5
Columbus Elementary School
Public Magnet KG-5
1.1 mi
•275 Washington Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $56,776. Residents of Mount Vernon, NY typically earn between $35k-100k each year. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 100 Lorraine Ter
This home is located at 100 Lorraine Ter in Mount Vernon, NY and zip code 10553. Features: 0 bathroom. It has been listed on Rocket Homes since February 5, 2025 and is currently priced at $850,000.
In February 2025 more than 5 listings in Mount Vernon, NY were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 14 were sold below. In February 2025 in Mount Vernon, NY there were 0.7% less homes for sale than in January. Listings spent 81 days on the market in February 2025, and had a median list price of $530,000 during the same period.