assorted off market new york property

Listing Id: 18

off market

FIVE LOT DEVELOPMENT SITE PACKAGE FOR SALE
128’ WIDE BLOCK THROUGH DEVELOPMENT SITE FOR SALE
PRIME DEVELOPMENT OPPORTUNITY

NEW YORK, NEW YORK
Location: lower east side

Lot Size: 79’ x 100’ /, 128’ x 100’
Lot Square Footage: 20,700
Zoning: (FAR) R7-2 (3.44)
Total Buildable Square Feet: 71,208 (with community facility its 134,550 with a FAR of 6.5) Height limit 80’
Real Estate Taxes: $276,978.96
Description:

A 79’ wide vacant lot along with a 128’ wide vacant lot they both have a total of 71,208 square feet of buildable air rights for residential development. A property of 134,550 square feet can also be built and would include community facility and residential units.

The lot is in a neighborhood that is undergoing lots of development with new hotels and condo buildings. The height limit for new developments in the area is 80’ which will give the upper floors great views of the East River and both Brooklyn and Manhattan Bridges. The zoning allows for a residential building to be built. The project would be great for a building with luxury residential condos or rental apartments.

The property is close to the F train on East Broadway and Rutgers Street which also has fine retail stores. Close to both Manhattan and Brooklyn Bridges and FDR Drive. The property is rented to a garage company which is paying $10,000 per month and they are on a month-to-month basis.

THE TOTAL BUILDABLE FOR ALL FIVE SITES IS 71,208 SQUARE FEET. THE PROPERTIES MUST BE SOLD AS A PACKAGE.
ASKING PRICE: $46,500,000.00 $653 PER BUILDABLE SQUARE FEET


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THREE STORY BUILDING FOR SALE
PRIME USER/DEVELOPMENT OPPORTUNITY


NEW YORK, NEW YORK
Location: near Ludlow Streets

Lot Size: 21' .92'' x 75'.17''
Building Size:
Basement: ------21' x 75' = 1,648
First Floor: ------21' x 75' = 1,648
Second Floor:--21' x 75' = 1,648
Third Floor:-----21' x 50' = 1,096
Stories: Three (3) Plus Full Basement
Gross Square Feet: 4,392 approximately
Zoning: (FAR) C6-2: (6.0) R8 Equivalent (6.02) Height Limit 120'
Buildable Square Feet: 9,920
Available Air Rights: 5,528
Assessment: (21/22) $96,750
Taxes: (21/22) $10,405.48
A three story vacant corner commercial building which is built full on the ground and second floors. The third floor is built 50’ deep. The property needs a complete gut renovation.

The building is a prime development opportunity because the zoning allows a 9,920 square foot building to be built, which can be a commercial or mixed-use building. The property is also a prime user opportunity. An art gallery, restaurant or doctor’s office can occupy the ground floor, the second floor can be used for living. The upper floors can be developed into rental or condo apartments.

The basement is built full with 8’ ceilings; there is access to the basement from inside and outside the building. The building has one gas and one electric meter in the basement.

The ground floor has 12’ ceilings Great retail locatio

The second floor has 12’ ceilings and has loft like open space.

The third floor has 12’ ceilings and access to outdoor space which the roof of the second floor. Please feel free to contact me for a full setup and tour.

ASKING PRICE: $5,500,000

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East harlem property for sale, the property is a 25' wide 7-unit four story brownstone building. Three of the units are vacant and four are occupied. The first floor is a two-bedroom duplex apartment. The second floor has two studio apartments. The third floor has two-one bedroom apartments. The fourth floor also has two-one bedroom apartments.

The property is a great investment opportunity, the vacant apartments are free market with a lot of upside potential. The property is on a tree line block and close to 125th Street & Lexington Avenue which has the 4, 5, and 6 trains.

The building is also a great user opportunity, a user can live on the ground floor duplex unit and rent out the upper floors for income.

TERMS OF SALE
Please note the bank took ownership of the property via foreclosure sale on 4/12/23. These are the terms and conditions the bank will do a deal with a buyer.
1. The highest and best offer.
2. Copy of the earnest money deposit need certified funds - (copy of cashier check or copy of bank account they will use to wire funds over for deposit)
3. Proof of funds – Need proof that the cash for the full purchase price is available now.
4. Cleanest offer – we need someone to take property as is, waive inspections, take responsibility for city and HPD violations, take responsibility for occupants. (we have no information regarding who lives there or rents being paid)
5. Fastest closing time also helps, (we prefer under 30 days please)


FOUR STORY SEVEN UNIT BROWNSTONE BUILDING
FOR SALE
EXCELLENT INVESTMENT/USER OPPORTUNITY
OPPORTUNITY ZONE

NEW YORK, NEW YORK
Location: east harlem

Lot Size: 25' x 99'
Building Size:---
Basement: ------25' x 60' = 1,500
First Floor: ------25' x 60' = 1,500
Second Floor:--25' x 60' = 1,500
Third Floor:----- 25' x 60' = 1,500
Fourth Floor: ---25' x 60' = 1,500
Stories: Four (4)
Gross Square Feet: 6,000
Zoning: (FAR) R7B: (3.0) Height Limit 75'
Air Rights: 1,425
Assessment: $207,270 (22/23)
Taxes: (22/23) $25,425.84


ASKING PRICE: $2,200,000

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THREE STORY THREE FAMILY BUILDING FOR SALE
EXCELLENT INVESTMENT/USER OPPORTUNITY

BROOKLYN, NEW YORK
Location area Albemarle Road

Lot Size: 18' x 50'
Building Size:
Basement: ---18' x 45' = 810
First Floor: ---18' x 45' = 810
Second Floor:18' x 45' = 810
Third Floor:---18' x 45' = 810
Stories: Three Plus Full Basement
Gross Square Feet: 2,430 appx
Zoning: (FAR) with a C2-3 Overlay (2.0) Height Limit 70’
Taxes: (21/22) $5,047.20
Description:

A three story three-unit three story building. The property has a two-bedroom apartment on the first floor. This unit has access to the back yard and basement. The second floor is a two-bedroom floor-through apartment. The third floor is a renovated vacant two-bedroom floor-through apartment.

The units have a full kitchen and full bathroom and are individually metered for gas and electric. The meters are in the basement and the boiler and water heater is gas.

The property is a prime investment opportunity, since the units are free market an investor can add value by updating the apartments and giving each unit their own boiler and water heaters. The first floor can be converted into a store, the second floor can be commercial or residential. The third floor can have a two studio units one to the front and one to the back.

The building is also a great user opportunity, a user can occupy the first floor to create a duplex garden apartment with the basement. The second and third floors can be rented for income. The zoning allows the first floor to be converted into commercial space. This would allow a user to have their business on the first floor.

The property is located on a busy block with lots of foot traffic, there are nice retail stores, super markets and restaurants in the area. The B49 bus stops on Rogers & Tilden Avenue, 2 & 5 train is on Beverly Road & Nostrand Avenue. Please note: The second floor is occupied by the past owner and the current owner is in court with him. The first floor tenant is leaving and the third floor is vacant.



ASKING PRICE: $1,250,000 CAP RATE: 5.8%

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THREE STORY MIXED-USE BUILDING FOR SALE
EXCELLENT INVESTMENT/USER/DEVELOPMENT/OPPORTUNITY

OPPORTUNITY ZONE
BROOKLYN, NEW YORK
Location: area Eastern Parkway
Lot Size: 20' x 100'
Building Size:
Basement: ---20' x 40' = 800
First Floor: ---20' x 40' = 800
Second Floor:20' x 40' = 800
Third Floor:---20' x 40' = 800
Stories: Three Plus Full Basement
Gross Square Feet: 2,400 appx
Zoning: (FAR) R6: (2.43) Height Limit 70’
Buildable Sq. Ft: 4,860
Air Rights: 2,460 Sq. Ft
Taxes: (22/23) $2,226.08
Description:

A 20’ wide 2-unit three-story mixed-use building. The property has a store on the ground floor, which is occupied by a Church. This floor has access to the basement and back yard. The second floor is a two-bedroom apartment. The third floor is also a two-bedroom apartment. The units have a full kitchen and bathroom along with a living/dining area. The property is individually metered for electric and gas.

The property is a prime investment opportunity, an investor can renovate the apartments and charge market rents for them.

The building makes a great user opportunity, they can have their business on the first floor, live on the second floor and rent out the third floor for income.

The property is prime development opportunity, a developer can renovate the units and rent them at full market value. The air rights can be used to extend the floors another 30’ at the rear, turning each apartment into a four bedroom unit. The top floor can also be developed into a duplex apartment.

Ocean Hill is under a lot of development with new buildings and retail stores being built. There is easy access to Downtown and Manhattan via Broadway Junction Station which has the A, C and L trains.



Net Operating Income: $66,773.92 CAP RATE: 4.5%

ASKING PRICE: $1,500,000


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THREE STORY THREE UNIT BUILDING FOR SALE
EXCELLENT INVESTMENT/USER/DEVELOPMENT OPPORTUNITY

OPPORTUNITY ZONE
BROOKLYN, NEW YORK
Location: Sackman Street area

Lot Size: 20' x 100'
Building Size:
Basement: ---20' x 40' = 800
First Floor: ---20' x 40' = 800
Second Floor:20' x 40' = 800
Third Floor:---20' x 40' = 800
Stories: Three Plus Full Basement
Gross Square Feet: 2,400 appx
Zoning: (FAR) R6: (2.43) Height Limit 70’
Buildable Sq. Ft: 4,860
Air Rights: 2,460 Sq. Ft
Taxes: (22/23) $2,226.08
Description:

A 20’ wide 3-unit three-story building. The apartments are all two-bedroom floor-through units, with a full kitchen and bathroom along with a living/dining area. The property is individually metered for electric and gas. The first floor has access to the basement and back yard.

The property is a prime investment opportunity, an investor can renovate the apartments and charge market rents for them.

The building makes a great user opportunity, they can live on the first floor and rent out the second and third floors for income. They can also duplex the first floor with the basement to create a duplex garden apartment.

The property is prime development opportunity, a developer can renovate the units and rent them at full market value. The air rights can be used to extend the floors another 30’ at the rear, turning each apartment into a four bedroom unit. The top floor can also be developed into a duplex apartment.

Ocean Hill is under a lot of development with new buildings and retail stores being built. There is easy access to Downtown and Manhattan via Broadway Junction Station which has the A, C and L trains. Note: The first floor is on a month to month basis, owner is in court with the second floor tenant. They are leaving and the owner will compensate the new owner at $2,500 for six months. The third floor is on a month to month basis.


Net Operating Income: $66,773.92 CAP RATE: 4.5%

ASKING PRICE: $1,500,000

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VACANT LOT FOR SALE
PRIME USER/DEVELOPMENT OPPORTUNITY

BRONX, NEW YORK
Location: Givan Avenues area

Lot Size: 50' x 86'
Lot Square Footage:2,150 (Approx)
Zoning: (FAR)R5 (1.25) Height Limit 40’ Community Facility (2.0)
Total Buildable Square Feet: 2,688
Assessment:$500 (22/23)
Real Estate Taxes: $101.56
Description:

A 85’ wide vacant lot on a nice residential block that close to the 5 train. The zoning allows a three and four story building to be built. The property can be a single family, a two family or a multifamily building. The lots triangular shape allows two or three buildings to be built or one building with a wide façade. Please note the frontage is 85’ wide. The property is also great for a parking garage user.

The property is located in an area that under a lot of development. When the units are built there will be a lot of demand for them from young professionals and artists from the city and the local neighborhoods. They love the fact that Laconia is not far from the city and is close to public transportation. All these factors makes this a prime development opportunity that a developer will enjoy developing.
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ASKING PRICE: $650,000

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THREE STORY MIXED-USE BUILDING FOR SALE
EXCELLENT INVESTMENT/USER OPPORTUNITY

BROOKLYN, NEW YORK
Location:vicinity of New York Avenue

Lot Size: 18' x 10
Building Size
1st Floor:-18' x 65' = 1,170
2nd Floor:18' x 65' = 1,170
3rd Floor: 18' x 65' = 1,170
Stories: 3
Gross Square Feet: 3,510
Zoning:(FAR) C4-5D (3.4) R8A equivalent (6.02)
Buildable Sq. Ft: 10,836
Air Rights: 7,326
Assessment: $36,893 (21/22)
Real Estate Taxes: $7,364.96
Description:
An 18’ wide two unit three story mixed use building. The property has a store on the ground floor, which also occupies the basement. The second floor is a two-bedroom floor-through apartment. The third floor is also a
a two-bedroom floor-through apartment. The ground floor has 12’ ceilings and the upper floors each has 10’ ceilings. The units are individually metered for gas and electric. The meters, gas boiler and water heater are in the basement. The roof is rubber with silver coating and in good condition. The property gets great sunlight and is located in an area with lots of development.

The property is a prime investment opportunity, with a great location that has excellent commercial and residential exposure. Located on Fulton Street off Nostrand Avenue the property gets a lot of foot traffic from the east and west wide of the street. The A and C train and the B44 bus is on the corner, within 10 minutes the tenants can be in the city. Fulton Street is one of the busiest street in Brooklyn, with all the fast food restaurants, banks, clothing stores health food stores. An investor can add value by renovating the units, expanding the store to the lot line and duplexing the top floor.

The property is also a great user opportunity, a user can have a business on the ground floor and live in one of the units above and rent out the other apartment.
ASKING PRICE: $2,500,000


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THREE STORY MIXED-USE BUILDING
FOR SALE
EXCELLENT INVESTMENT/DEVELOPMENT/USER OPPORTUNITY
OPPORTUNITY ZONE

BROOKLYN, NEW YORK
Location: area Avenue D

Lot Size: 20' x 100'
Building Size:
Basement: ---20' x 73' irr = 1,210
First Floor: ---20' x 73' irr = 1,210
Second Floor:20' x 73' irr = 1,210
Third Floor:---20' x 73' irr = 1,210
Stories: Three Plus Full Basement
Gross Square Feet: 3,630 appx
Zoning: (FAR) R6 (2.43) with a C2-3 Overlay (2.0) Height Limit 55’
Buildable Sq. Ft: 4,860
Air Rights: 1,230 Sq. Ft
Taxes: (21/22) $12,528.76
Description:

A 20’ wide five-unit three story mixed use building. The property has a store on the ground floor, which has access to the basement. Located at the back of the store is a one-bedroom apartment which has access to the back yard. The second floor has a two-bedroom apartment located to the front, to the back is a one-bedroom apartment. The third floor has a two-bedroom apartment at the front, to the back is a one-bedroom apartment. The units have full kitchen and full bathroom there is also a living/dining area. The apartments are individually metered for gas and electric. There is also a living/din/dining area. The meters are in the basement and the boiler and water heater is gas. The units are free market and the tenants have section 8 and the Hassa Program. Please note: Apartment 1 just had a fire and is now vacant and the tenant will not be coming back. The unit is a one-bedroom garden apartment with lots of upside and can be duplexed with the basement or converted into a two-bedroom apartment.

The property is a prime investment opportunity, since the units are free market an investor can add value by updating the apartments and giving each unit their own boiler and water heaters. The rents are under market in an area where two-bedroom apartments are renting for $2,500 and one-bedroom units are renting for $1,950. The one-bedroom apartments are big enough to be converted into two-bedroom apartments. The air rights can also be used to duplex the top floor. A developer can also do floor-through apartments and add a floor.

The building is also a great user opportunity, a user can a business on the ground floor and create a floor-through unit on the second floor. The second floor can be used for commercial or residential. The third floor apartments can be rented for income.

The property is located on a busy block with lots of foot traffic, there are nice retail stores, super markets and restaurants in the area. The B44 bus stops on the block, 2 & 5 train is two blocks away on NewKirk Avenue & Nostrand Avenue.



ASKING PRICE: $1,600,000 CAP RATE: 8.2%

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FOUR STORY VACANT RENOVATED BUILDING FOR SALE
TWO DUPLEX APARTMENTS
EXCELLENT USER/INVESTMENT OPPORTUNITY

BROOKLYN, NEW YORK
Location: near Schenectady Avenues

Lot Size: 13' x 120'
Building Size: 13' x 56'
-------------------13' x 56'
-------------------13' x 56'
-------------------13' x 56'
Stories: 4
Gross Square Feet: 2,912
Zoning:(FAR) R6 (2.43)
Buildable Sq. Ft: 3,791
Air Rights: 879
Real Estate Taxes: $8,602.52
A 2-unit four story renovated building. The units are both duplex apartments with four bedrooms and 2.5 bathrooms each.
First & Second Floor Duplex:
The first floor of the duplex apartment has a living room, full kitchen and a back bedroom which has access to the backyard. The half bathroom is also located on this floor.

The second floor has the master bedroom which has a full bathroom. This bedroom is located at the back with views of the backyard. There’s a full bathroom in the hallway, along with a middle bedroom and a big bedroom at front.
Third & Fourth Floor Duplex:
The third floor of the duplex apartment has a living room, full kitchen and a back bedroom which has views of the backyard. The half bathroom is also located on this floor.

The fourth floor has the master bedroom which has a full bathroom. This bedroom is located at the back with views of the backyard. There’s a full bathroom in the hallway, along with a middle bedroom and a big bedroom at front.
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The units have been beautifully renovated with nice wood floors, the bedrooms have good size closets. The kitchens have stainless steel appliances along with washer & dryer. Both units have 10’ ceilings and get great sunlight. They are individually metered for gas and electric and have their own boilers and water heaters. The heating is base board. The meters are located outside the building and the property does not have a basement.

The property is a great user opportunity, they can occupy one apartment and rent out the other. An investor will like the property because it’s renovated and free market which can rent for top dollar. The property is one block from Utica Avenue and two blocks from Eastern Parkway which has the 2, 3 and 4 trains.
ASKING PRICE: $1,800,000


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Location:

Lot Size: Building Size:
Stories:
Gross Square Feet: Zoning: (FAR)
Total Buildable Sq. Ft: Total Available Air Rights: Assessment:
Real Estate Taxes:
Description:
27’ x 100’ Basement: Ground Floor: 2nd Floor:
20’ x 80’ = 1,600 sq. ft. 20’ x 80’ = 1,600 sq. ft. 20’ x 80’ = 1,600 sq. ft.
TWO STORY APARTMENT BUILDING FOR SALE
EXCELLENT USER/INVESTMENT OPPORTUNITY
OPPORTUNITY ZONE BROOKLYN, NEW YORK
nearby Winthrop Streets

Two (2) Plus Basement
3,200 (Approximately) Above Grade R6 (2.43) )
6,561
3,361
$78,332 (22/23)
$9,609.00
A 20’ wide 4-unit two-story apartment building. The property has two units per floor. They are all two-bedroom apartments they are located to the front and back of the building. All the units have full kitchen & full bathroom, nice wood floors. They get great sunlight, the ceilings are ten feet, and the units are individually metered for cooking gas and electric. All the meters are in the basement.
The property is located in an area that has lots of foot traffic and close to the 2, 3, 4 trains on Eastern Parkway and has great retail stores, restaurants and parks in the neighborhood.
The property is a prime investment opportunity because all the units are free market and not subject to any rent regulations. An investor can renovate them and increase the rents. They can also give each tenant their own boiler and water heater. The property also makes a great user opportunity; a user can occupy the ground floor and convert it into a three-bedroom floor-through apartment. They rent out the second floor for income. They can also duplex the ground floor with the basement to create a duplex garden apartment.

Note: Apt 1F is a program tenant. 1R we are in court with Marshall date coming soon. 2F in court started case 14 months ago. Basement waiting going back to court. Revenue:
Ground Floor:
Second Floor:
Monthly Inc: Annual Inc:
Expenses:
Unit Basement 1F
1R
2F 2R
Description 1 Bedroom Apt 2 Bedroom Apt 2 Bedroom Apt
2 Bedroom Apt 2 Bedroom Apt
Unit Type Free Market Free Market Free Market
Free Market Free Market
Revenue $1,500 $1,850 $1,850 proj
$1,850 proj $1,600 $8,650
$103,800
LXP In court
In court In court
Real Estate Taxes: Water & Sewer: Insurance:
Heat (Gas):
Electric: (common areas) Repairs & Maintenance: Total Annual Expenses
Projected Net Operating Income:
$9,609.00 $2,200.00 $2,350.00 $2,600.00
$1,300.00 $1,500.00 $19,559.00
ASKING PRICE: $1,000,000

$84,241 Cap Rate: 8.4%


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FOUR STORY COMMERCIAL BUILDING FOR SALE
PRIME DEVELOPMENT OPPORTUNITY
SOLD WITH APPROVE PLANS FOR 30 UNIT BUILDING & 421A TAX ABATEMENT

BROOKLYN, NEW YORK
Location:

Lot Size:
Lot Square Footage: Stories:
Buildings Sq Ft: Zoning: (FAR) Total Buildable Square Feet:
Air Rights: Assessment: 21/22 Real Estate Taxes:
Description:
nearby Arlington Place
60’ x 100’ irr
5,457 (approx)
4
12,900
C4-5D (4.2) Equivalent R7D (4.2) Height Limit 135’ 30,585 Gross per approved plans
10,006
$594,000
$63,884.76 421A Tax Abatement For 35 Years
A 60’ x 100’ development site which is being sold with approved plans that will be a 60’ wide 30 unit eight story luxury elevatored mixed-use building. The property will have a store on the first floor which will be duplexed with the basement. The first floor will also have a two-bedroom apartment, a one- bedroom apartment and a parking garage. The upper floors will each have four units per floor, two of the apartments will face the front of the building and the other two will face the back. The units will be two, two-bedroom apartments and two, one-bedroom apartments per floor.
The two-bedroom apartments will have two full bathrooms, a full kitchen along with a living/dining area. The one-bedroom apartments will have a full kitchen, a full bathroom along with a living/dining area. The basement has storage space, the sprinkler room, electric and gas room along with a gym. The building also has a top roof deck.
The property is on a block with lots of foot traffic and fine retail stores and restaurants. The A & C train is one block away on Nostrand & Fulton also Nostrand & Franklin Avenue. The site is within 5 to 10 minutes from the Barclays Center and Atlantic Terminal Mall via train. Also within 20 minutes to the city. There is a strong demand for new apartments in the area with amenities and close to public transportation.
ASKING PRICE: $13,000,000
OR $425.00 PER BUILDABLE SQUARE FOOT


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