The subject property is a 7 story, mixed use elevator building on the corner of Buchanan Place and Davidson Avenue.
| Website: | https://www.nestseekers.com/5347357 |
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| Address: | New York, NY 10453 |
| Ownership: | For Sale |
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| Type: | Multi-Family |
| Lot Size: | 0.1 Acres |
Financials
Description
The subject property is a 7 story, mixed use elevator building on the corner of Buchanan Place and Davidson Avenue. Built in 2020, the building spans 18,014 square foot and consists of one retail unit, eight studio units, ten (1) bedroom units and seven (2) bedroom units. The structure is built 50' by 62' and sits on a 50' by 100’ R7-1 zoned lot. The property benefits from a 35-year 421a tax abatement that expires in 2056. The property is located within a half mile of the 4, B and D Subway lines, giving an investor the ability to capitalize on the commuting tenant market.
Amenities
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
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505 Park Ave, New York, NY 10022
Phone: +1 212-252-8772
Fax: +1 212-252-9347
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| Listing Courtesy of EXIT Realty Private Client | |