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Flushing Lot 7 Sells Land for $11M

American HK Development Buys Development Site in Flushing
December 19, 2017
Flushing Lot 7 LLC sold the asset in Flushing, NY to American HK Development for $11 million, or approximately $28.1 million per acre.

Combined, the lots total 17,025 square feet, or about .4 acres. The land is zoned R6 and the lot offers 41,370 buildable square feet.

Stephen Preuss of Cushman & Wakefield represented the seller.

Please see CoStar COMPS #4062369 for more information on this transaction.

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