Press Release brought to you by Cushman & Wakefield Capital Markets Group New York

Cushman & Wakefield Retained Exclusively to Sell Cresthaven Residential Development Site - Six Acres with 50 Waterview House Lots in Whitestone

05/19/2015

Cushman & Wakefield has been retained on an exclusive basis to sell the Cresthaven residential development site, located at 150-14 Powells Cove Boulevard.  The site occupies the entire waterview blockfront on the north side of 6th Avenue between Powells Cove Boulevard and 150th Street in Whitestone, Queens.  Ownership is requesting proposals.

The approximately 6.1-acre lot has conceptual plans for 45 to 50 single-family homes.  It holds approximately 140,000 buildable square feet as-of-right and the proposed plans call for an average home lot size of 4,000-6,000 square feet and an average home size of 3,000 square feet. 

The site is located between the Throgs Neck and Whitestone Bridges in a desirable residential area of Whitestone.  It is easily accessible via car or bus at the 7th Avenue or 8th Avenue/150th Street stops. 

This property is being marketed exclusively by Cushman & Wakefield’s Stephen R. Preuss.

05/19/2015 - 18:45

Source

Cushman & Wakefield Capital Markets Group New York

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