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Double Diamond Companies Sells 2,079 Acre Development Site For $13.3M

974 Cold Spring Road
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This Development Site property located in NY was sold for $13,300,000 over 3 years ago. The broker of the deal was Josh Goldflam

The largest subdivision development site in New York State history has been sold for a whopping $13,300,000. Spanning across 2,079 acres, this development site is located at 974 Cold Spring Road in Forestburgh, Sullivan County. It offers immense potential for residential construction with nearly 3,000 homes planned to be built in close proximity to Resorts.

Summary of transation details

  • Property Type: Development Site
  • Transaction Amount: $13,300,000
  • Acres: 2,079 Acres
  • Market: Forestburgh (Sullivan County)

The seller of this impressive development site is Double Diamond Companies. However, the identity of the buyer has not been disclosed. The transaction was facilitated by Josh Goldflam from the Highcap Group, who represented the seller in this deal.

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Deals
  • Location
    974 Cold Spring Rd, Forestburgh, NY 12777, USA974 Cold Spring Rd, Forestburgh, NY 12777, USA
  • Sale Price
    $13,300,000$13,300,000
    $1,459 PPSF$1,459 PPSF
  • Area
    9,116 SF9,116 SF
  • Asset Type
    Development SiteDevelopment Site
  • Parties
    1 Broker, 1 Agency1 Broker, 1 Agency

Agent

Josh Goldflam

Josh Goldflam

Deals22
Sold$243.5M

Agency

Highcap Group

Highcap Group

Agency
Deals88
Volume$597.6M

Deal Summary

SALE IMAGE: @JoshGoldflam DATE: 08/12/2020 ADDRESS: 974 Cold Spring Road MARKET: Forestburgh (Sullivan County) ASSET TYPE: Development Site SALE PRICE: $13,300,000 ACRES: 2,079 Acres SELLER: Double Diamond Companies BUYER: ? BROKER: Josh Goldflam – @Highcap_Group NOTE: Largest Sub-Division Development Site in New York State History. Nearly 3,000 homes under 5 minutes away from Resorts […]

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974 Cold Spring Road

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