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

Massey Knakal Retained Exclusively to Sell Rare Waterfront Development Site in Glen Harbor

07/25/2012

Massey Knakal Realty Services has been retained on an exclusive basis to sell a four-acre waterfront development site in Glen Harbor, Long Island. The site is a vacant lot with approved plans to build a 60-unit condominium project on the North Shore of Long Island, simply known as Glen Harbor. Located directly on Hempstead Harbor in the heart of the Gold Coast, the site is minutes from Roslyn, Sea Cliff, Brookville, Sands Point, Glen Cove, and Manhasset. The asking price is $9,900,000.

The site has notable value in place as the project will be delivered with approvals for site plan, subdivision map, health department and DPW, landscape design, sewer and water plans, engineering, environmental impact statement, along with DEC No Further Action Letter, Economic Market Studies and a pro-forma construction budget. This is the only residential waterfront development site with approved condo plans available on the North Shore of Nassau County.

For more information on this listing, contact Massey Knakal First Vice President of Sales Stephen R. Preuss at 718.512.2118 or spreuss@masseyknakal.com.      

Massey Knakal specializes in the sale of investment and user properties in the New York Metropolitan area. Since 1988, our agents have closed over 4,200 transactions having a market value in excess of $15 billion.

www.masseyknakal.com

07/25/2012 - 10:25

Source

Cushman & Wakefield Capital Markets Group New York

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