Fort Greene Brooklyn $17,250,000

Two adjacent through-lots totaling nearly 90’ feet of frontage on main thoroughfare with exposure on two streets. Rare corner assembly on a main thoroughfare located in burgeoning Fort Greene, minutes from BAM cultural centers and the new Barclay’s Center.
Currently configured as 15 one bedroom units with varying renovations and six commercial spaces all of which are leased with 5% annual increases. The properties possess significant upside due to quickly rising residential and commercial rents and can further be improved by additional 6135 SF in air rights.
Additionally the potential lot merger could result in a development site equaling as many as 21,629 SF per IHD bonus.
Currently configured as 15 one bedroom units with varying renovations and six commercial spaces all of which are leased with 5% annual increases. The properties possess significant upside due to quickly rising residential and commercial rents and can further be improved by additional 6135 SF in air rights.
Additionally the potential lot merger could result in a development site equaling as many as 21,629 SF per IHD bonus.
Elizabeth Street Development Opportunity $12,500,000
Block: --- Lot: --
Lot Area:1861 sf Lot Frontage: 19.92'Lot Depth: 91.33 Number of Buildings: 1 Number of Floors: 5 Gross Floor Area: 6000 sf (estimated) Residential Units: 8 Total # of Units: 9 Land Use: Mixed Residential and Commercial Landmark/ Historic: No/ No Taxes: $15,537 Zoning: C6-2, C6-1 FAR: 6 Buildable SF: 4897 |
Elizabeth is a five story mixed use building located between Prince and Houston Streets. The building is comprised of eight residential units, GRFL retail plus basement. There is also a permitted single story building at the rear of the lot which is separated by a courtyard and accessible by both the residential lobby and retail space. The retail is presently occupied by month-to-month tenant and can be delivered vacant. Two of the eight apartments have been gutted and will be delivered vacant and ready for renovation. The remaining six apartments are occupied by rent stabilized tenants and as many as four could potentially be vacated per rent stabilization guidelines. The building could be further improved by developing the remaining air-rights which total 4897 SF.
19 Howard street Delivered Vacant $6,000,000

Exciting opportunity for user/ operator with street level elevator delivered vacant M1-5B buildable to 8000 SF. Email request:
Sold Closed
Hudson County Development Opportunity $22,000,000

Strong demographics, unobstructed views, easy access to NYC via Light-rail/ Ferry/ Mass Transit. Site buildable to 520,000 SF/ 320 units
Email request:
Sold Closed