Forest Hills NY, 11375
$2,900,000
ML# H6306276
Property Picture

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.

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    Barry Paley Licensed Real Estate Salesperson 516-503-4242 516-865-1800 Barry@BarryPaley.com