Asking Price, For Sale $15,000,000 - Building, Building + Business, Business, Commercial, Mixed Use, Office, Office, Retail, Space
Investment Summary
2- Story commercial buidings but lend themselves well to a large development opportunity on a combined 93.67 ft * 98.75 ft lot.
The three contiguous properties are zoned M1-6D which allows for an “As of Right” FAR of 10 allowing for approximately 92,499 buildable square feet and FAR of 12 allowing for approximately 110,999 buildable square feet through the Inclusionary Housing Bonus (Block: 779, Lots: 53, 55 & 56).
These properties offer developers the unique and rare opportunity to acquire a 93.67 ft. x 98.75 ft site with favorable M1-6D zoning in a desirable area that borders both Hudson Yards and Penn Station.
Price $15,000,000 Lot Size 0.06 AC
Sale Type Investment or Owener User
Gross Leasable 5,200 SF
Sale Conditions 1031 Exchange Bulk/Port.. Sale / Lease Option
Property Type Retail
Built 1920 Building Class B
Zoning M1-5, New York,
