Exceptional development opportunity just one bridge away from Manhattan !
| Website: | https://www.nestseekers.com/5471587 |
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| Address: | New York, NY 10454 |
| Ownership: | For Sale |
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| Type: | Unknown |
| Lot Size: | 0.1 Acres |
Financials
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!
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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 Promise Realty LLC | |