1- Development Site For Sale
Midtown East

Lot Size: 44' X 100'
Lot Area: 44000 SF
Zoning: C5-3
FAR: 15
Stories: 5 + Penthouse
Gross SF: 18,680 SF
Units: 3 ( Commercial ) / 13 ( Residential )
Price: $32,000,000


2- Location: North side of Pell Street between Bowery and Mott Street
Lot Size: 23' x 107'
Building Size:-----First Floor: -----24' x 107' = -2,568
-------------------------Second Floor:--24' x 80' = 1,920
-------------------------Third Floor:-----24' x 80' = -1,920
Stories: Three (3) Plus Full Basement
Gross Square Feet: 6,408 approximately
Zoning: (FAR) C6-1 (6.0) R7 Equivalent (3.44) Height Limit 120’
Total Buildable Square Feet: 15,408
Total Available Air Rights: 9,000
Assessment: (18/19) $487,530
Taxes: (18/19) $51,258.96

A 24’ wide three story commercial building. The property has a restaurant on the ground floor. They are paying $10,700 per month and their lease expires in 1/20. The second floor front unit is being used as storage; the back has a full open kitchen this floor is delivered vacant. The third floor is being rented to a Buddhist Temple. They are paying $3,000 per month and are on a month to month basis.

The property is a prime development opportunity because a developer can build a 15,408 square feet building in an area that is under lots of development. The new development can be nice luxury rentals or high end residential condos. The property would also be great for a commercial condo or a hotel; both are in high demand in the area. The height limit for the property is 120’.
 
The building is also a great user opportunity, a user can convert the second floor into living space and use the third floor as an office at the same time have income coming from the store on the ground floor.

The property is right off the Bowery which has nice retail stores and restaurants. The building has easy access to both Brooklyn and Manhattan Bridges, and is close to the number 6, B, D and F trains.

ASKING PRICE: $8,000,000 OR $520 PER BUILDABLE SQUARE FOOT


3-Lot Dimensions 266 x 187
Lot Area 49,852
Building Dimensions 266 x 187
Building SF 122,000
Year Built 1947
Stories 2
Residential Units 0
Zoning C4-5X
Max FAR 5
Total Buildable SF 249,260
Additional Air Rights 127,260
Tax Class 4
Assessment $ 6,132,960
Tax $ 644,574
Opportunity Zone YES
Price: $55,000,000

4-Owner is willing to do a JV

Hillside Ave Jamaica NY 11432

Funeral Home

Lot sqft 22,700
Lot dimension 135ft X 101ft
Bldg sqft 10,210
Bldg dimension 57ft X 76.92ft
Stories 2
Year Built 1907  

Residential Far  5
Commercial far  4
facility Far          5
Far as built       0.45

Allowable usable floor area   113,500
Usable floor area as built   10,215
Unused Far       103,285

Asking Price $28M