RIVERHEAD, NY-– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has retained the exclusive listing for Harriman Estates, a 60-acre lot approved for 86 housing lots in Riverhead on Long Island’s North Shore.Located in the heart of the island’s bustling wine region, the property’s listing price is $15.9 million.
Steven Siegel, a vice president investments in the Manhattan office of Marcus & Millichap, and Steven Stoehrer, an investment specialist also in the firm’s Manhattan office, are representing the seller.
“This is an excellent
opportunity for an investor since the plan has already been approved and a $2.8 million bond is in place,” says Stoehrer.Located at Main Road in Aqueboque, there are currently two developments that have been built and partially occupied on the property. The first development is The Highlands at Aquebogue, (photo at left) which has 79 lots. The other development is close by and is made up of 60 lots. There are approximately 22 still available.
Press Contact: Stacey CorsoCommunications Department
(925) 953-1716
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