The Real Deal New York

Yonkers auctioning off a cul-de-sac and 17 other parcels

August 22, 2018 02:32PM

Yonkers is auctioning off more than a dozen parcels that it doesn’t need, including a .9-acre cul-de-sac, LoHud reported. The 18 parcels will be auctioned off on Sept. 7, and some of them “are large enough for homes and apartment buildings,” according to the outlet. The largest parcel, called Morsemere Terrace, includes 15 lots and a cul-de-sac, and has a starting price of $50,000. Yonkers acquired the parcel through a foreclosure auction, spokeswoman Christina Gilmartin told the outlet. Some of the parcels — like Morsemere Terrace, which is “steep and rocky” — may not be the easiest to develop, the outlet noted. [LoHud]