58 Unit Development Site Richmond Hill
Investment Highlights
Richmond Hill Queens dev site with approved plans to build 58 units 54ksqFt & 20 parking for section 8 (HAP) housing with tax exemption 130% AMI. Normal sale owner asking $5.9m negotiable ($109psft)
Location
📍 Richmond Hill
🔒 The exact address and location are confidential and are released only after you sign the NCNDA and the listing broker approves your request.
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Who finances deals like this
The lenders with the most recorded development site mortgages in Queens since 2021, from public ACRIS filings.
- S3 Re 30-11 12TH Street Funding LLC — 4 loans, typically $405K–$8M
- Blkm Funding (trs), LLC — 3 loans, typically $1.83M–$13.39M
- Msd Rcof Partners Xxvii, LLC — 3 loans, typically $24.25M–$119.25M
- Elite 22 LLC — 2 loans, typically $1.75M–$10M
- Supportive Housing Solutions Fund LLC — 2 loans, typically $2.01M–$3.45M
Crezly connects borrowers and lenders. Crezly is not a loan broker, does not negotiate terms, and receives no compensation contingent on any loan closing.
Underwrite this deal
Pro-forma, debt sizing against real recorded NYC leverage, cash flow, IRR and a sensitivity grid. Free account — no card.
