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575 MADISON AVENUE, NEW YORK, NY 10022. 212.891.7000 © 2025 DOUGLAS ELLIMAN REAL ESTATE. EQUAL EMPLOYMENT OPPORTUNITY PROVIDER. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES, OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS, AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY.LISTING DATA REFRESHED ON MAY 23 2025 AT 1:25 AM.

DOUGLAS ELLIMAN IS A LICENSED REAL ESTATE BROKER IN CALIFORNIA WITH LICENSE # 01947727, COLORADO WITH LICENSE # EC100053892, CONNECTICUT WITH LICENSE # REB.0314827, THE DISTRICT OF COLUMBIA WITH LICENSE # REO40000160, FLORIDA WITH LICENSE # CQ1020232, MARYLAND WITH LICENSE # 645270, MASSACHUSETTS WITH LICENSE # 422764, NEVADA WITH LICENSE # 1454643, NEW JERSEY WITH LICENSE # 0572105, NEW YORK WITH LICENSE # 10991211812, TEXAS WITH LICENSE # 9008706, AND VIRGINIA WITH LICENSE # 0226035659.

POWERED BY PURLIN.AI

208-216 King St

port chester, NY 10573

$14,000,000

    INTERESTED? LET'S CONNECT

    Capitalize on a premium opportunity to acquire a pedestrian-friendly sought-after Westchester County, N.Y., location and construct a fully approved 185-unit apartment building. Just 30 minutes north of New York City, the site is ideal for development. 208-216 King St. is convenient to a vibrant downtown and the property is a short walk (391 feet) away from Metro-North suburban trains and major bus stops, and just minutes away from highways and Westchester County Airport. The site’s Opportunity Zone location provides a host of benefits, including a waiver of capital gains taxes. Recently secured municipal approval provides substantial intrinsic value and includes certification that there will be no adverse environmental impact from construction. This is a superb opportunity to build and operate an attractive multifamily destination where housing demand far outstrips supply, in a county known for its growth, flourishing quality of life and economic success. Originally, this development was designed and conceived by the Trammell Crow Company, but Regency Commercial Real Estate has acquired, and now offers for sale, development rights with full entitlements.
    Building Highlights
    Units: 185: 36 studios, 58 one bedroom, 80 two bedrooms and 11 three bedrooms.
    Height: 12 stories
    Square feet: 221,000
    Parking: 152 spaces
    Bicycle parking: 47 spaces, interior Luxury amenities: 13,087 square feet, including a top-floor clubroom/ lounge, co-working area, fitness area, yoga room, conference center, and dog run, in addition to a rooftop amenity deck and pool. Prime Transit-Oriented Development Opportunity in Qualified Opportunity Zone (QOZ). The final site plan approval is for a Class-A building with 185 large residential apartments. Please see the attached documents. Please submit the executed NDA for additional information for due diligence. Three multi-family buildings are presently on site that produce cash flow.

    Details

    221,800 Sq Ft

    0.57 Private Acres Exterior Space

    Commercial

    $44,094 Annual Tax

    Built in 2025

    MLS/Listing ID 829188

    185 Units

    Amenities & Features

    Accessible Doors

    Accessible Elevator Installed

    Accessible Entrance

    Community - Fitness Center

    Water View

    Tankless Water Heater

    Community - Clubhouse

    Community - Playground

    Cooling - Electric

    Cooling - ENERGY STAR-qualified Equipment

    Cooling - Multi-split AC

    Hardwood

    Concrete Perimeter

    Construction - Advanced Framing Technique

    Construction - Brick

    Construction - Structural Insulated Panels

    Community - Curbs

    Community - Pool

    Community - Sidewalks

    Backyard

    Heating - Electric

    Lot - Corner Lot

    Lot - Sloped

    Parking - Garage

    City View

    Panoramic View

    Listing Courtesy of REGENCY HOMES RLTY GROUP, INC., RAJEEVKUMAR CHENNATTU

    ONEKEY

    Source of Data: ONEKEY MLS

    Interested in 208-216 King St?