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1150 New York St - 1150 E. New York St. 0.2 Acres of Residential Land Offered at £281,553 in Indianapolis, IN 46202

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INVESTMENT HIGHLIGHTS

Once units are built - beautiful view from rooftop decks of downtown skyline

Across the street from lovely neighborhood park

EXECUTIVE SUMMARY

Price Improvement! From $475,000 to $380,000! MULTI-FAMILY DEVELOPMENT SITE, DOWNTOWN INDIANAPOLIS, PRE-APPROVED FOR 5 UNITS. Opportunity to develop townhomes at wonderful location. Over $2B of construction projects in and around downtown Indy right now!

1150 E. New York Street Flyer (1)

PROPERTY FACTS

Price	£281,553	Property Subtype	Residential
Sale Type	Investment or Owner Occupier	Proposed Use	Build-to-Rent
No. Plots	1	Total Plot Size	0.20 ac
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Use Class	D8 - Allows for up to 5 units

Price	£281,553
Sale Type	Investment or Owner Occupier
No. Plots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Build-to-Rent
Total Plot Size	0.20 ac
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Use Class	D8 - Allows for up to 5 units

1 PLOT AVAILABLE

Plot

Price	£281,553	Total Plot Size	0.20 ac
Price Per ac	£1,407,767.04

Price	£281,553
Price Per ac	£1,407,767.04
Total Plot Size	0.20 ac

.20+/- acre, 5 legal conforming parcels with addresses. Holy Cross neighborhood, close to popular downtown sites including Mass Ave and The Garage. Approvals in place. New York is changed from 1-way to 2-way traffic in and out of downtown.

DESCRIPTION

Most preliminary work completed to break ground, including approvals on subdivision plat and zoning variances. Next step, building permits. Sale includes plans and renderings of proposed townhomes. Rights to all construction documents necessary to permit and develop the project are included in the sale.

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Walk Score®

Easily Walkable (78)

Bike Score®

Good for cycling (81)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures how walkable a location is.

Transit Score® measures access to public transport.

Bike Score® measures how accessible a location is by bike

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, Transit Score® & Bike Score?

Walk Score® measures how walkable

a location is. Transit Score®

measures access to public transport. Bike Score®

measures how accessible a location is by bike®

Learn How It Works Detailed Scores

(317) 730-3793

CONTACTS

Scott Pollom, Sr., MBA, CCIM
Jane Drew Pollom
F. C. Tucker Company, Inc.,

Listing ID: 36595024
Date on Market: 03/07/2025
Last Updated:
Address: 1150 New York St, Indianapolis, IN 46202

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1150 New York St, Indianapolis, IN for sale Primary Photo- Image 1 of 2 — 1150 E New York St

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