New Haven Vacant Lot

[Nate Brown]

Hello BP. I have the opportunity to purchase a vacant lot in New Haven CT. The property in located in a "C" area and is zoned for a 3 family dwelling. I have 2 questions.

1) Are there any developers building new construction multi-families in New Haven?

2) If so, how much would they pay for a lot like this?

Any insight would be greatly appreciated!