DEVELOPMENT-SITE OWNERS
You know it’s a development site. But do you have the whole picture?
You may already have a zoning analysis, a valuation or an offer. That is a starting point, not the whole investment case.
The maximum buildable square footage is not always the most profitable project.
And the buyer who can execute the strongest development scenario may also be the buyer capable of paying the most for your land.
It is created by feasibility.
The same zoning envelope can support very different projects. Unit mix, use, construction costs, rents, capital and execution all affect what the land is worth.
Understand the potential. Choose the right strategy.
ERNEST HILL IS REAL ESTATE
15+ Years in NYC Real Estate · Licensed R.E. Associate Broker · Powered by Development Site Advisors