7548 113Th St, Forest Hills, NY 11375

0.09 Acres of Commercial Land Offered at $5,350,000 USD in Forest Hills, NY 11375

Asking Price $5,350,000

Property Type
Land
Square Feet
3,920 SF

Listing Contacts

Lee Presser
Elliot Gross

Property Overview

Development site available in Forest Hills !!! This site allows for the development of a residential 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. The larger units are in great demand and very low, if not non-existent supply.

Share with your developers now !!!

Property Details

Property Subtype
Commercial

Highlights

  • Prime Forest Hills location

All available spaces

Space
Lot 1
Size
3,920 SF
Price
$5,350,000

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