CONDO CONVERSION/HOTEL DEVELOPMENT OPPTY (1526040)

CONDO CONVERSION/HOTEL DEVELOPMENT OPPTY

A 65'' wide twelve story loft building. The property has 3 retail stores on the ground floor, two elevators, one passenger and one freight. The property has 15'' ceilings on the ground floor, and 12'' ceilings on floors 2-12. The structure of the building is fireproof, and is sprinklered throughout. The Sender Jarmulovsky Bank Building was built in 1911 it has concrete floors that can take on lots of loads. The property has a beautiful facade with nice architectural details. This building is a great condo conversion opportunity because of the size of the floors and the corner exposure on Canal and Orchard Streets. The property can also be great for a hotel developer. The architectural plans are in place for a 130 suite hotel. This is the tallest building on the block and has panoramic views of Lower Manhattan. It''s one block from the F train and one block from the bus stop on Allen Street.

Kervin Vales, VP
Halstead Property, LLC
(212) 396-8244
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* - represents current apartment configuration, which may not conform to official legal documentation. Purchasers should consult with professionals to determine legal use parameters.