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Forest Hills NY, 11375 $5,350,000

Mixed Use Commercial  

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Details ML#: H6306276  

  • Sale or Rent:Sale
  • Status:Active

Description

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.

More Property Details

Appliances & Utilities

Heat: Other, See Remarks   A/C: None   Water: Public   Sewer: Public Sewer  

Local Area Information

Zoning: R6  

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