340,526 BSF Large Corner Development Site Opportunity | Close-Proximity to the World Trade Center
145,997 Square Foot Development Site | Onsite Entrance To A-Train 181st Street
The multifamily investment sales market, continuing the trend of the previousmonths of 2019, remained soft in July, weighed down by investor uncertaintyahead of changes to New York state’s rent regulation laws.
9-Unit Walk-Up Multi-Family Building:
993 Summit Avenue
Spanning approximately 9,032 gross square feet, 993 Summit Avenue contains nine (9) spacious rent-stabilized apartments. The residential unit mix consists of five (5) three-bedroom apartments and four (4) four-bedroom apartments.
Shovel-Ready, Corner, Mixed-Use Development Site w/ 200’ Combined Frontage: 121-06 Merrill Street
The existing vacant lot (aka 172-55 Brocher Road) measures 80’ x 120’ in dimension with a lot area of 9,600 square feet. The property is zoned R3A (0.6 FAR), which permits over 5,700 residential square feet for the development of detached two-family homes.
46,762 BSF w/ Community Facility, Opportunity Zone Corner Development Site: 305 East 165th Street
The subject property is situated on a 97’ x 100’ corner lot with over 210’ of frontage on East 165th Street and Findlay Avenue. The R7-1 zoning (FAR:3.44 on the as-of-right and 4.8 with Community Facility) allows for 33,512 and 46,762 Buildable Sq. Feet, respectively.