Prime Corner Location | Package of Four Mixed-Use Buildings
Corner Development Site with 91,969 Buildable SF within an Opportunity Zone
Ariel Property Advisors has just released its first-ever Staten Island Investment Sales Report. In 2020, this often-overlooked borough was top of mind for industrial realestate developers. As online retail purchases continue to rise, demand for logistics centers near densely populated urban markets has exploded—and Staten Island has the most undeveloped land in New York City zoned for the development and construction of warehouse and industrial space.
6-Story, 30-Unit Mixed-Use Building:
88 East 111th Street
The subject property contains 28 residential units and 2 commercial units, with the residential unit mix consisting of 5 one-bedroom apartments, 13 two-bedroom apartments, and 10 three-bedroom apartments. Of the 28 residential units, 5 apartments are of free market status and 23 are rent-stabilized.
22,088 SF Vacant Elevator Building | Steps From The World Trade Center: 105 Washington Street
105 Washington Street, a vacant 22,088 square foot, six-story, elevator building located on the east side of Washington Street, between Carlisle Street and Rector Street in the Financial District neighborhood of Manhattan. With a flexible C6-9 zoning, investors, developers and users will be able to convert the asset to a mixed-use residential, commercial or boutique hotel property that is ideally situated in close proximity to 1 World Trade Center and within walking distance to the New York Stock Exchange and Wall Street.
6-Story, 35-Unit Multifamily Building: 524 East 119th Street
he subject property contains 35 residential units, with a unit mix consisting of 11 one-bedroom, 19 two-bedroom, and 5 three-bedroom apartments. Of the 35 residential units, 33 apartments are rent-stabilized, 1 apartment is of free market status, and 1 apartment has been set aside for the superintendent.