The math likely won't pencil out even if the land was free
Larchmount by Hullmark is around $4.25/SF rents, without factoring in incentives. W/ incentive of 1 free month, you're in the $3.9/SF range.
For an average suite size of 650 SF x $4.25/SF rents, you land around $2,750/Month. I also...