Zoned R7A, this 5,317 SF lot offers up to 21,000+ buildable SF
FOR SALE
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$3,550,000
116 18 Grosvenor Lane, Richmond Hill, NY 11418
Property Description
Zoned R7A, this 5,317 SF lot offers up to 21,000+ buildable SF — perfect for a brand new condo or rental building. mid-rise, 6–8 stories, right in one of Queens’ most sought-after neighborhoods.
Property Details
Asset Type
Development Site
Zoning
R7A
Lot Size
5,317 SF
Neighborhood
Kew Gardens
Submarket
Richmond Hill
ZIP
11418
Listing Type
sale
30 years
10 years
Net Operating Income (NOI)
$0
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)
-$201,946
Cash-on-Cash Return
-22.75%
Monthly Debt Service
$16,829
Annual Debt Service
$201,946
View on Map
Address
116 18 Grosvenor Lane
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Richmond Hill Development Site Market Snapshot
Boundary boundary · Development Site · Sale
No investors found in this market.
