Great development opportunity.


Property

Website:https://www.nestseekers.com/5527462
Address:
New York, NY 10457
Ownership: For Sale
Type: Unknown
Lot Size: 0.1 Acres

Financials

Price:$1,250,000
Annual Taxes:$3,668

Description

Great development opportunity. This property measures 25.30 x 92.97 and is zoned R7-1. You can get a FAR of 4 with the wide street bonus or up to a 5 FAR with the UAP program (consult with your architect.). You can build up to 13 apartments. Up to 17 apartments with UAP program ( consult with your architect). The home features two 5-bedroom apartments, one four-bedroom apartment and a large full basement with backyard access. The home will be delivered fully vacant. The property sustained some fire damage from the house next door. The fire only affected the siding and left side of the roof. Some parts of that wall was stripped of its sheetrock, and kitchens ripped out due to water damage caused by the fire dept. Home to be sold as is.

Amenities

  • Eat-in Kitchen
  • Sewer Connected

Contact

505 Park Ave, New York, NY 10022
Listing Courtesy of Keller Williams Realty NYC Grp