Exceptional development opportunity just one bridge away from Manhattan !


Property

Website: https://www.nestseekers.com/5471587
Address:
New York, NY 10454
Ownership: For Sale
Type: Unknown
Lot Size: 0.1 Acres

Financials

Price:$1,900,000
Annual Taxes:$8,325

Description

Exceptional development opportunity just one bridge away from Manhattan! Located in a rapidly growing area with strong upside potential, this R6 / C2-4 zoned mixed-use property offers approximately 12,204 buildable SF and comes with approved architectural plans already in place. Planned configuration includes: • Ground Floor: Retail space • Second Floor: Community Facility / Office • Third to Sixth Floors: Eight residential units total, configured as two 2-bedroom apartments per floor New construction project currently underway with foundation work already in progress, saving developers valuable time and carrying costs. Proposed 6-story elevator building with modern fireproof steel construction. Situated within an Opportunity Zone, this is an ideal project for developers, builders, and investors seeking strong long-term growth potential in a prime NYC location with convenient access to Manhattan. Rare chance to take over a shovel-ready project with approvals in place. Investors and developers — don’t miss this opportunity!

Contact

505 Park Ave, New York, NY 10022
Listing Courtesy of Promise Realty LLC