Lower East Side, NYC
Townhouse
·$4,750,000
A 25' wide five story vacant walkup commercial building. The property used to be used as a local school. The building has a brick facade with a fire escape. The property is made of mostly steel and concrete. There are metal stairs, and no sprinkler system. The building is well maintained and in good condition. The property is a prime development opportunity because a 10,000 square foot building can be built, it's also in an area that has great residential and commercial exposure exposure. Right off East Houston Street, which is home to Whole Foods, Katz Deli, and the Sun Shine Theatre. The building is also close to all modes of transportation. The F and J trains are on East Houston & Allen Streets, the FDR Drive and the Williamsburg Bridge on Delancey Street. A apartment owner would love to live in a building with this location. The property is also a prime user/investment opportunity. An owner can have a store on the ground floor an office on the second floor, live on the third floor and rent out the fourth and fifth floors.
5/20/12$4,750,000
2/13/12$3,500,000
02/14/1260 Canal St $5,300,000
05/26/11255 Bowery $5,550,000
* Recent sales in area is compiled by properties having the same bedroom count or same bathroom count, property type, location, and a similar price range. Sales history may include properties with varied amenities and conditions (views, layout, market timing and other significant variables). Contact agent for more details regarding this information.
Web #:2259419
Price: $4,750,000
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Property Type: Townhouse
Original Detail: Yes
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