How much is this property worth?

How much is my land worth if the property value is 1,430,000?

  • I own some land in Bensonhurst Brooklyn, the lot size is 16,000 sq ft. R5 zoning. I checked NYC.GOV and it shows the property valued at 1,430,000. Is that the price range I would look to sell it for? I would like to think it is worth alot more then that to a builder. Thanks.

  • Answer:

    Tax assessment valuations are not necessarily the same as market value. Look at comparable property sales.

Adam A at Yahoo! Answers Visit the source

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Other answers

I do not think you would get that in today's market. No one is building, no one is selling, no one is buying anything. I would make the city reevaluate it.

mswnana

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