Konfigirasyon Kouran: 4 Inite Rezidansyèl + 1 Boutik Komèsyal

Revni Brit Anyèl: $465,000

Taks Pwopriyete 2024: Sèlman $96,000

Gwosè Teren: 20×100.42ft

Anprint Bilding: 20×50ft (apeprè 3,540SF, 3 etaj)

Potansyèl Devlopman & Kwasans

Zonaj: R8 (Rezidansyèl Dansite Segondè) ak C1-5 Kouvèti Komèsyal

• FAR Rezidansyèl jiska 6.02 nan zonaj R8 – pèmèt bati ~6× zòn tè a (~12,000SF)

• Kouvèti C1-5 Komèsyal FAR 2.0 nan R8, ki egal a FAR konbine ki egal a pi wo nan tou de (6.02)

Zòn ki Ka Bati: Plis pase 12,000SF espas potansyèl – ideyal pou ekspansyon, redèvlopman, oswa konvèsyon melanje.

Pwen Enpòtan Kle

• Revni pare-pou-itilize: Lajan kach imedyat ak lokatè alontèm (+ komèsyal), plis de inite vid pou itilizasyon fleksib

• Posesyon efikas nan taks: Chay taks anyèl sèlman ~$96K, ba konpare ak revni

• Dwa devlopman transfere: Rè lontan Manhattan ak gwo potansyèl kwasans anba zonaj aktyèl la

• Kote santral Midtown: Minit soti Broadway, Times Square, transpò, manje, ak amizman

Current Configuration: 4 Residential Units + 1 Retail Storefront

Annual Gross Income: $465,000

2024 Property Taxes: Only $96,000

Lot Size: 20×100.42ft

Building Footprint: 20×50ft (approx. 3,540SF, 3 stories)
Development & Upside Potential
Zoning: R8 (High-Density Residential) with C1-5 Commercial Overlay

• Residential FAR up to 6.02 under R8 zoning – allows building ~6× the lot area (~12,000SF)

• C1-5 overlay Commercial FAR of 2.0 within R8, equating to combined FAR equal to the higher of the two (6.02)

Buildable Area: Over 12,000SF of potential space – ideal for expansion, redevelopment, or mixed-use conversion.

Key Highlights

• Turn-key income: Immediate cash flow with long-term tenants (+ retail), plus two vacant units for flexible use

• Tax-efficient ownership: Annual tax burden only ~$96K, low compared to income

• Transferrable development rights: Rare Manhattan plot with substantial upside under current zoning

• Midtown core location: Minutes from Broadway, Times Square, transit, dining, and entertainment © 2025 OneKey™ MLS, LLC