1613 Coates Ave Holbrook, NY 11741

Exciting Development Opportunity in Holbrook! This is your chance to secure an exceptional 3.29-acre estate with approved site plans for a sought-after subdivision! Located in the heart of Holbrook, this prime land is already approved by the Town of Islip for a cul-de-sac development featuring four... 1/2-acre lots, each ready for the construction of stunning 4,725 sq. ft. single-family homes. But that’s not all! This property includes a fifth lot with a well-maintained, tenant-occupied 2-bedroom ranch, providing immediate rental income potential while you plan and break ground on your project or they will leave if not desired. Centrally located to the LIRR Ronkonkoma hub and Long Island MacArthur Airport, this land is positioned perfectly for future growth. Both locations are part of an exciting, multi-billion dollar revitalization project. Ronkonkoma is undergoing a once-in-a-generation transit-oriented development, bringing a new Life Sciences/Commercial District, retail and shopping options, as well as a convention center and hotel to the area. Additionally, the Town of Islip is actively promoting accessory apartments in single-family homes, providing even more flexibility and potential value for your new development. With homes up to 4,725 sq. ft. and the opportunity to incorporate accessory apartments, these new homes will not only meet market demand, they will exceed it. Don’t miss out on this golden opportunity to build in a rapidly growing area. These homes will fly off the market at top value. Let's secure your future today! Continue reading