--- In AsburyPark@yahoogroups.com, "dfsavgny" <[EMAIL PROTECTED]> wrote:
>
> --- In AsburyPark@yahoogroups.com, "oakdorf" <oakdorf@> wrote:
> >
> > the triangle is worth no where near $10m. 4.5 acres were just sold
in
> > Long Branch (2 blocks in) with 8o units for $10m.
> >
> > It does have a vlaue, to the right developer. It all depends what
> they
> > can build, and what the potential return would be.
If I used that as a comp then the Trangle is worth more. Maybe double
since it is on the water and not 2 blocks in. I have done a lot of work
on proximity to water on value. At least 100% premium.
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