Howard Beach, Queens, NY – Sale of Residential Development Site
About This Project
Ralph Trionfo: Broker
11,000 Sq. Ft R4 residential land
After gathering all the market data, including comparable land sales, recent sales of newly constructed 3-family homes, we arrived at an attractive sale price. It was fun to design and execute a broad marketing campaign that allowed me to identify the right buyer to acquire the site all-cash as-is. The buyer has completed the subdivision process and is reselling the site with full approvals and plans to build 13, 3-family houses. We are currently marketing the site for resale.