Price Reduced 45.79%
Price History
$5,350,000
5/10/2024
$4,000,000
8/18/2024
$2,900,000
9/19/2024
Owner says Sell !!! Just reduced to $2,900,000 !!! Development site available in Forest Hills !!! This site allows for the development of a condominium building totaling 9,720 sq ft of residential space, plus another 9,480 of facility space, such as parking, gym, play room, storage, etc. Amazing opportunity in a neighborhood where new, 3 bedroom condos are selling for $1,600+ per sq ft. Best use for this lot would be 3-4 bedroom condos, ranging in size from 1,300 - 2,000 sq ft. The larger the unit the higher the price per sq ft paid by a buyer. The larger units are in great demand and very low, if not non-existent supply.
Status:
Active
Town:
Queens
Type:
Commercial
Zoning:
R6
Heating:
Other, See Remarks
Cooling:
None
MLS #:
H6306276
Community Info
School Info
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Listing courtesy of EXP Realty 888-276-0630