WHIZ KID POSTS $1M BAIL BOND

After spending more than a week in the slammer, one time real-estate whiz Adam Hochfelder is inching closer toward freedom.

The 37-year-old, who was indicted last week on several charges including grand larceny, posted a $1 million bond yesterday and was awaiting a court examination of the proceeds before being released.

“We are hopeful that in the next 24 hours he will be released,” said Hochfelder’s attorney Paul Goldberger yesterday. He added that the bond was secured by “private family real-estate holdings.”

Hochfelder was arrested on charges of cheating banks, relatives and friends out of more than $17 million over the last six years and prosecutors said he could spend up to 25 years in jail if convicted on the most serious charges.

At a bail hearing last week, Goldberger said Hochfelder needed to be released because he was in dire need of outpatient rehab and sinus surgery due to cocaine abuse.

Despite the plea, the court set a bail of $1 million, which Goldberger said Hochfelder couldn’t pay because he had sold all of his assets to pay back more than $12 million to those he snookered.

Hochfelder, a member of the powerful Real Estate Board of New York, was once one of the city’s highest flying real estate developers. At age 32, he sat on top of a real estate empire that was valued at $2.7 billion, encompassing 8 million square feet of prime office space.