The East Side 47 Portfolio is a package of 47 buildings located throughout the East Harlem neighborhood of Northern Manhattan and 4 retail & 3 residential condos (not displayed on the map) located in the East Village.
Prime 125th Street Corner Mixed-Use Elevator Building - 38 apartments & 7 commercial units with 100' of retail frontage.
Historic Six (6) Story Elevator Office / Specialty Use Building With Air Rights
The New York City multifamily market saw its third best month of the year, as July’s activity substantially outperformed the average volumes seen in the first half of 2017, maintaining the positive momentum registered to end 2Q17. While July’s performance dipped on a monthover-month and year-over-year basis, the City’s multifamily market was coming off its strongest two months of the year in May and June.
Inclusionary Air Rights:
Brooklyn Community Board 2
With more than 140,000 square feet of inclusionary air rights (IARs), this offering is an opportunity for owners of eligible properties to significantly enlarge the size of market rate developments located in Community Board 2 or within 1/2 mile radius of the generating site.
Queens investment property prices edge up in 1H17,
multifamily assets flourish in Flushing
Queens real estate investors relished positive returns in the first half of 2017 as property prices appreciated despite a slowdown in sales activity. With few roadblocks ahead, the “World’s Borough” should continue to be a favored destination, particularly the neighborhood of Flushing.
East Harlem Development Site for Sale or Joint Venture:
410-412 East 115th Street
A 37.5’ wide development site zoned R7-B/R7-X (3.00 FAR/5.00 FAR), this property permits approximately 12,364 buildable square feet (as-of-right). The ownership acquired additional 11,234 square feet of air rights for a total of 23,598.