Development Site Kew Gardens
Price$7,250,000
Asset TypeDevelopment Site
Investment Highlights
Kew Gardens Queens dev site with approved plans for 66ksqFt with 57 residential units over 2 commercial. Parking in basement Near subway, fully demo’d & Shovel ready. Elligible for 485x tax abatement Normal sale owner asking $7.25m negotiable ($109psft)
Location
📍 Kew Gardens
🔒 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 since 2021, from public ACRIS filings.
- Bcc Funding Crf LLC — 9 loans, typically $530K–$1.01M
- S3 Re 30-11 12TH Street Funding LLC — 4 loans, typically $405K–$8M
- G4 18267, LLC — 3 loans, typically $1.5M–$68.64M
- Pccp Lm Manager, LLC — 3 loans, typically $8.5M–$82.13M
- S3 Re 19 Clay St Funding LLC — 3 loans, typically $6.89M–$38.74M
Underwrite this deal
Pro-forma, debt sizing against real recorded NYC leverage, cash flow, IRR and a sensitivity grid. Free account — no card.
