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For Sale

1150 E New York Street

1150 E New York Street, Indianapolis, IN 46202

$475,000
MULTI-FAMILY DEVELOPMENT SITE, DOWNTOWN INDIANAPOLIS, PRE-APPROVED FOR 5 UNITS, .20+/- acre, 5 legal conforming D-8 parcels with addresses. Holy Cross neighborhood, close to popular downtown sites including Mass Ave and The Garage. Most preliminary work completed to break ground, including approvals on subdivision plat and zoning variances. No drainage permit or on-site detention required. Next step, building permits. Sale includes plans and renderings of proposed townhomes. The location is one of the highest points in the City, making the planned rooftop decks an especially attractive feature with a view to the downtown skyline. Rights to all construction documents necessary to permit and develop the project are included in the sale. The Seller is offering to assist with the transfer of information in order to effect a smooth transition for the Buyer. Knowing the time and work that goes into putting a plan in place, the right builder has a real opportunity to seize the moment and build a carefully designed project, starting NOW!

8,494 Sq.Ft. lot

Features & Amenities

Area & Lot

  • Status For Sale
  • Lot Area8,494 Sq.Ft.
  • MLS® ID22025722
  • TypeLand
  • NeighborhoodIndianapolis
  • School DistrictIndianapolis Public Schools

Exterior

  • water SourcePublic
  • lot featuresCity Lot, Corner Lot
  • sewerPublic Sewer

Financial

  • Sales Price$475,000
  • Zoning D-8

Indianapolis

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Work With Cara

Cara holds esteemed certifications as a negotiation expert and a Luxury Home Marketing Specialist, showcasing her mastery in the art of deal-making and her profound understanding of the high-end property market. With a strategic approach, she harnesses the power of cutting-edge digital technology, employing an array of sophisticated tactics in real estate sales and marketing. This enables her to effectively showcase properties, engage potential buyers, and secure optimal outcomes in the dynamic real estate landscape.