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PACKAGE DEAL
50’ WIDE ONE STORY COMMERCIAL BUILDING FOR SALE
PRIME DEVELOPMENT/USER OPPORTUNITY
LOWER EAST MANHATTAN
NEW YORK, NEW YORK




Description: A 50’ wide one story commercial building which has 25’ ceilings. The property is built full is open and column free. The building is made of
concrete and steal. There is a stair case which leads to the mezzanine.
The mezzanine is 50’ x 18’ with 7’ ceilings; it’s being used as storage
space. Below the ground floor is the basement which starts at the
middle of the property and ends at the back, its 50’ x 50’ with 7’
ceilings. The ground floor has an office to the right of the property it’s
about 350 square feet. The office is not structural and can be taken
apart. The building is delivered vacant.
The property is a prime development opportunity since its zoned
R7A a developer can build a residential condo or rental apartment
building. The property can be a 100% residential building or a mixed
use building. For a mixed use building the commercial space would be
grandfathered into the property. The height limit is 80’ feet. The
property is also a great user opportunity, since its column free with
high ceilings and two sky lights it would be great for an art gallery, or a
theater group.


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25’ WIDE ONE STORY COMMERCIAL BUILDING FOR SALE
PRIME DEVELOPMENT/USER OPPORTUNITY
LOWER EAST MANHATTAN
NEW YORK, NEW YORK



Lot Size: 25’ x 100’
Building Size: Ground Floor:25’ x 100’ = 2,500 Height limit 80’ Stories: One (1)
Gross Square Feet: 2,500 (Approximately)

Zoning: (FAR)
Total Buildable Square Feet: Total Available Air Rights: Assessment:
Real Estate Taxes:
R7A (4.0)
10,000
7,500
$232,110 (17/18) $24,404

Description: A 25’ wide one story garage building with 14’ ceilings. A developer can build a 10,000 residential or mixed use building on the site. A user
can convert the space into an art gallery or restaurant and build
apartments above for themselves to live in.
The properties are in an area in the Lower East Side that is under lots of
development. There is high demand for residential condos in the area.
All the fine retail stores on East Houston Street help to create the
demand for space in this location. The area has good access to all
modes of transportation the F, J, and Z trains are on Delancey & Essex
Street and the FDR drive is three blocks away.
ASKING PRICE: under 19M




REQUEST ID# 3929
====================== PACKAGE DEAL 50’ WIDE ONE STORY COMMERCIAL BUILDING FOR SALE PRIME DEVELOPMENT/USER OPPORTUNITY LOWER EAST MANHATTAN NEW YORK, NEW YORK Description: A 50’ wide one story commercial building which has 25’ ceilings. The property is built full is open and column free. The building is made of concrete and steal. There is a stair case which leads to the mezzanine. The mezzanine is 50’ x 18’ with 7’ ceilings; it’s being used as storage space. Below the ground floor is the basement which starts at the middle of the property and ends at the back, its 50’ x 50’ with 7’ ceilings. The ground floor has an office to the right of the property it’s about 350 square feet. The office is not structural and can be taken apart. The building is delivered vacant. The property is a prime development opportunity since its zoned R7A a developer can build a residential condo or rental apartment building. The property can be a 100% residential building or a mixed use building. For a mixed use building the commercial space would be grandfathered into the property. The height limit is 80’ feet. The property is also a great user opportunity, since its column free with high ceilings and two sky lights it would be great for an art gallery, or a theater group. + 25’ WIDE ONE STORY COMMERCIAL BUILDING FOR SALE PRIME DEVELOPMENT/USER OPPORTUNITY LOWER EAST MANHATTAN NEW YORK, NEW YORK Lot Size: 25’ x 100’ Building Size: Ground Floor:25’ x 100’ = 2,500 Height limit 80’ Stories: One (1) Gross Square Feet: 2,500 (Approximately) Zoning: (FAR) Total Buildable Square Feet: Total Available Air Rights: Assessment: Real Estate Taxes: R7A (4.0) 10,000 7,500 $232,110 (17/18) $24,404 Description: A 25’ wide one story garage building with 14’ ceilings. A developer can build a 10,000 residential or mixed use building on the site. A user can convert the space into an art gallery or restaurant and build apartments above for themselves to live in. The properties are in an area in the Lower East Side that is under lots of development. There is high demand for residential condos in the area. All the fine retail stores on East Houston Street help to create the demand for space in this location. The area has good access to all modes of transportation the F, J, and Z trains are on Delancey & Essex Street and the FDR drive is three blocks away. ASKING PRICE: under 19M REQUEST ID# 3929
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