18,000 +/- SF Lot on 5 parcels prime for a Transit Oriented Development and located in a Qualified Opportunity Zone. (Qualified Opportunity Zones offer investment opportunities for smart growth in a designated and qualified area that may present significant tax savings and potentially higher after-tax returns than traditional investments). It is anticipated that 65-80 Units can be constructed on this site, which is served by public transportation to NYC, and is located 1/2 Mile to the City Hall Annex and Light Rail Train Station including public parks and major retailers. Topography of the site is pitched on a slope downward for future parking design.
MICHAEL CERVELLI REAL ESTATE LLC (201) 868-6300
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Listing information last updated on July 1st, 2022 at 3:18pm CDT.