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DOBBS FERRY, N.Y. – With prices reaching $2.5 million for homes in The View at Dobbs Ferry, real estate agent Al Vanacoro said the neighborhood development has been quite successful.
“Coming into 2012, you don’t really anticipate having the kind of success you have there without having a big array of models up,” said Vanacoro, an associate broker with Coldwell Banker. “It just shows you if the location is right and the pricing is fair, you can piece everything else together.”
There will be an open house on Sunday to showcase the available homes. Prices in the development range from $900,000 to $2.5 million in the lot just off of Broadway. With some still under construction, Vanacoro said there will be 11 homes on the lot when everything is finished.
“It’s phenomenal because it’s like an instant neighborhood and an instant connection to the other people there; it’s kind of neat,” he said.
The View at Dobbs Ferry was named for the views overlooking the Hudson River in between Dobbs Ferry and Hastings.
“What it really circles around was -- how good was your view,” he said.
Vanacoro said the project has been in development for a while and is actually on its second set of builders.
“This was a project that failed the first time around,” he said. “Somebody owned the property and never finished the subdivision and tried to market it. The closer you can bring a potential buyer to what it’s going to look like in the end, that’s what makes it an easier choice.”
Due to the size of the development, work was divided between Bomar LLC and Amalgamated Construction.
Vanacoro said the market and demand for the homes is evident in the community.
“If the product really makes sense and there’s a demand - in Dobbs Ferry there are very few, close to none, of standing new homes; and it takes courage these days to build. I understand that,” he said.
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