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JLL has been retained on an exclusive basis to sell 17-37 Linden Street. The subject property is a mixed‐use development site currently improved by a church and parsonage in Ridgewood, Queens.
Demand for new residences in this neighborhood continues to grow, with the
immediate neighborhood achieving over $40 per square foot for residential
rents. 17‐37 Linden Street is conveniently located two blocks from the Seneca
Avenue M train station offering quick transportation throughout the boroughs.
This site offers investors the ability to develop a ground‐up project, and/or
convert the current structure to a unique residential use.
A neighbor of the rapidly changing Bushwick, Ridgewood has been undergoing
a similar transformation that has brought with it premier retailers, restaurants
and leisure destinations in addition to high demand for housing.