Development Site St Albans
Investment Highlights
St Albans, Queens, two-lot corner development site 39x109 & 35x95 (8,647 sf), R5B zoning, taxes $8,296. Vacant house on inline lot. 12,971 BSF. REO deal, $1.35M ($105 PBSF)
Location
📍 St Albans
🔒 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
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Underwrite this deal
Pro-forma, debt sizing against real recorded NYC leverage, cash flow, IRR and a sensitivity grid. Free account — no card.
