Excellent opportunity to develop Bill 7 project for less than $200/sf. Nice, big lot 2 blocks to Queens Hospital in a low risk flood zone (x) and no additional setbacks from the street. City views possible from upper floors. Solis study and TOPO survey to be made available upon accepted offer. Buyer to accept existing survey, and Buyer shall pay for any additional updates needed by itself or its lender. Current setup is 6 legal 2-bedroom, 1 bath units located in 3 structures: front building is 4 units (1517, C, D, & E) with 2 stand-alone cottages in the back (A & B). 2 units renovated in the past 5 years. Coin laundry is owned. All units separately metered for electric and gas (heaters and stoves), 1 water meter. See agent showing notes for how to request a marketing package.