#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: 2/12/2025, 6:20:52 PM 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. The most common annual income of people living in Mount Vernon, NY is between $35k-100k. 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 January 2025, from all listings sold in Mount Vernon, NY there were more than 12 sold above asking price, over 10 sold below and more than 4 were sold right at the asked price. The inventory of homes for sale in Mount Vernon, NY between December and January 2025 decreased by 17.3%. In January 2025, listings were on the market for 96 days. During the same period, the median list price in this real estate market was $525,000.