Philip Heilpern+1 631 370 [email protected]
FOR MORE INFORMATION PLEASE CONTACT:
THE CEDARBROOK CLUB OLD BROOKVILLE | NEW YORK
Martin Lomazow+1 631 370 [email protected]
FOR SALE | 125-Acre Development Site Zoned: R-3A Residential
“On the Prestigious Gold Coast of Long Island”Ideal for Investment, Development, Corporate or Individual Use
Dorothy Chuang+1 201 712 [email protected]
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OLD BROOKVILLE | NY
SITE HIGHLIGHTS
The 124.75-acre property available for sale is currently a private country club
with an 18-hole championship golf course and improvements that include
a +/-45,000 square foot clubhouse, pool, and tennis and squash courts.
The site is situated in the Town of Oyster Bay, but zoning and development is
controlled by the Village of Old Brookville.
The site is located on the North Shore of Long Island in the North Shore School
District - one of the top districts on Long Island.
DEVELOPMENT POTENTIAL
The Incorporated Village of Old Brookville zoning designation for this site
is R-3A Residential, which allows for single-family homes on 3-acre lots.
Initial estimates indicate that a development yield for residential use would
be approximately 30-34 single-family homes. The site has limited slope and
topography which will result in lower development cost and environmental
impact.
LOCATION
The site has multiple access points from Route 107, Oak Lane, Chicken Valley
Road and Brookville Lane yet the site is buffered and the setbacks provide
a secluded and quiet setting with beautiful mature landscaping. The site is
adjacent to residential homes and near Piping Rock, Nassau, Brookville and
Glen Head country clubs. The Sea Cliff and Glen Cove Long Island Rail stations
are a five minute drive. This prime residential site is on Long Island’s Gold
Coast and is minutes to Americana Shopping Center, St. Francis Hospital,
North Shore-LIJ Health System and CW Post University.
THE CEDARBROOK CLUB
OLD BROOKVILLE | NY
Lat: 40.75712 Long: -73.72032 Zoom: 56.20 m
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©2015, SITES USA Inc., Chandler, AZ (480) 491-1112. All Rights Reserved.
This map was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty
February 2015
PRIME RESIDENTIAL REAL ESTATE MARKET
The Cedarbrook Club is adjacent to several large historic Gold Coast estate homes from Long Island’s golden age in a prestigious incorporated village
only 25 miles from Manhattan. The demographics surrounding The Cedarbrook Club are excellent with 2,742 residents within one mile and 51,760
within three miles of the site with 917 and almost 18,000 households respectively. As of 2015, the average household income is $197,436 (within one
mile) and $140,498 (within three miles). Fifty five percent of homes in the market have a value greater than $1 million with most new homes on 3-acre
sites selling for between four and eight million dollars. The North Shore School District is rated #15 on Long Island with a whopping 98% of graduating
students attending college in 2013!
The Cedarbrook Club
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THE CEDARBROOK CLUB
© 2015 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any
projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct
a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
