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Land with great potential - Nueva York, Nueva York (United States)

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New construction Land plot in Nueva York - foto 1
New construction Land plot in Nueva York - foto 1
 

Description

Plot of 1,000,000 ft (92 903 m) building land with all approved plans.

The project approved plans consist of:

395,000 sf Residential: 475 units
355,000 sf of Commercial Area
1,500 sf Community Zone
235,000 sf of Parking Area: 1,076 parking spaces (333 for residential use)

The development of the project has an estimated cost of $ 170 million.

It has a potential rental income of:
- $ 700,000 per month for the Residential Zone.
- $ 3 million per month for the Commercial Zone.
- $ 50,000 per month for the parking area.

The monthly gross income of $ 3,750,000 would be per year of $ 45 million.

These numbers are very conservative, as the increase in rent of commercial premises is not covered.

Location

Nueva York, Nueva York (United States).

Located in the metropolitan district of Queens,
within walking distance of 7 train and LIRR, just 5 minutes drive from LGA and 30 minutes from Manhattan.

Price and payment methods

Price: $ 65.000.000

Plans

No plans available.

Catalogs

No catalogs available.

Video

No video available.

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