SIX STORY DEVELOPMENT SITE BUILDING
EXCELLENT DEVELOPMENT/USER OPPORTUNITY
NEW YORK, NEW YORK
near york avenue upper east side manhattan
Gross Square Feet: 40,686 appx
Zoning: (FAR) C6-3: (6.0) R9 Equivalent: (7.52) Community Facility (10)
Buildable Sq. Ft: 75,312 (56,400 would be residential the balance can be commercial or community facility). No Height Limit
Air Rights: 34,626
The site is 75’ x 100’
The Commercial FAR is 6; the Residential zoning is R-9 (7.5) and the Community Facility FAR is 10.
Therefore, a new building with up to 75,312 sf of total floor area can be built, with up to 56,600 SF for Residential Use and the balance to be for Commercial and Community Facility spaces.
This would easily permit a 17-22 story Residential or 21-28 story CF building.
* The existing building on the site is a 6-story parking garage with a license for 175 cars and could be delivered vacant in 60 days.*******************
A proposed air rights deal with the adjacent owner to the east could produce a tower with up to 127,000 sf of residential use. The adjacent owner has 51,688 square feet of air rights.
ASKING PRICE: $35,000,000
EXCELLENT DEVELOPMENT/USER OPPORTUNITY
NEW YORK, NEW YORK
near york avenue upper east side manhattan
Gross Square Feet: 40,686 appx
Zoning: (FAR) C6-3: (6.0) R9 Equivalent: (7.52) Community Facility (10)
Buildable Sq. Ft: 75,312 (56,400 would be residential the balance can be commercial or community facility). No Height Limit
Air Rights: 34,626
The site is 75’ x 100’
The Commercial FAR is 6; the Residential zoning is R-9 (7.5) and the Community Facility FAR is 10.
Therefore, a new building with up to 75,312 sf of total floor area can be built, with up to 56,600 SF for Residential Use and the balance to be for Commercial and Community Facility spaces.
This would easily permit a 17-22 story Residential or 21-28 story CF building.
* The existing building on the site is a 6-story parking garage with a license for 175 cars and could be delivered vacant in 60 days.*******************
A proposed air rights deal with the adjacent owner to the east could produce a tower with up to 127,000 sf of residential use. The adjacent owner has 51,688 square feet of air rights.
ASKING PRICE: $35,000,000
SIX STORY DEVELOPMENT SITE BUILDING
EXCELLENT DEVELOPMENT/USER OPPORTUNITY
NEW YORK, NEW YORK
near york avenue upper east side manhattan
Gross Square Feet: 40,686 appx
Zoning: (FAR) C6-3: (6.0) R9 Equivalent: (7.52) Community Facility (10)
Buildable Sq. Ft: 75,312 (56,400 would be residential the balance can be commercial or community facility). No Height Limit
Air Rights: 34,626
The site is 75’ x 100’
The Commercial FAR is 6; the Residential zoning is R-9 (7.5) and the Community Facility FAR is 10.
Therefore, a new building with up to 75,312 sf of total floor area can be built, with up to 56,600 SF for Residential Use and the balance to be for Commercial and Community Facility spaces.
This would easily permit a 17-22 story Residential or 21-28 story CF building.
* The existing building on the site is a 6-story parking garage with a license for 175 cars and could be delivered vacant in 60 days.*******************
A proposed air rights deal with the adjacent owner to the east could produce a tower with up to 127,000 sf of residential use. The adjacent owner has 51,688 square feet of air rights.
ASKING PRICE: $35,000,000
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