NYC Residential Property Ready for Development...
Prime NYC development property includes 5 parcels spanning an entire block front on Park Avenue in Manhattan (New York City). Property is raw land with three buildings needing demolition. Picture depicts potential design by a prominent architect.
Development property totals 11,200 SF of ground space to build a 95,000 SF residential tower with 70,000 SF of community use space for an approximate total of 165,000 SF as of right.
Pricing represents the down payment of $740,000, which is payable at 100% trade. Not enough trade dollars? No problem.... We can set-up a monthly trade payment, and apply the trade towards the purchase price.
Total listing price for the property is $14.8 million cash. After deduction of the trade down payment, the balance will be due at closing in cash.
Complete details available upon request so that you can present the offer to qualified residential real estate developer members and clients.
Click here to request more information from the seller