Development Site in prime Midtown West great long term upside

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Samuel DeFranceschi
Associate Real Estate Broker
Mobile: 646.331.8534
587 Fifth Avenue New York, NY 10017
Phone: 212-252-8772
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Location

409 W 45th St
New York NY 10036
Cross street:ninth avenue

Property

Ownership: For Sale
Type: Commercial
Lot Size: 2410 sq ft

Financials

Price: $5,300,000
Annual Taxes: $21,103

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Description

Location
Primary Address 409 W 45 St
Zip 10036
Borough Manhattan
Block & lot 01055-0027
Square Feet
Lot SF 2,410
Ratio of Building SF to Lot SF (FAR)

Max allowed FAR

This is within the Clinton Special District, Preservation Area and therefore has an FAR of 4.02 though it is publicly listed as 6.02 please inquire for further details.

6.02
FAR as built n/a

Maximum usable floor area

Owner has architectural plans for a rental or condo project on this rare development site. Plans available on request.

10,122 SF
Lot dimensions 24 ft x 100.42 ft
Zoning, Use & C-of-O
Zoning district R8/CL
Building class Unlicensed Parking Lot (G7)
Property Tax Assessment
Actual land $200,250
Assessment $202,050
Tax class 4
Annual tax bill $20,329
Annual tax bill projected $21,103


Call me for a property tour.
Sam 646.331.8534

Neighborhood

More listings: Midtown West

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.