147-151 Grand St - Apartments FOR SALE
New York, NY 10013 |
147-151 Grand St
New York, NY 10013
HIGHLIGHTS
- Matthews Real Estate and Investment Services has been retained on an exclusive basis to arrange the sale of two contiguous lots
- The corner development opportunity is comprised of 158 Lafayette Street (aka 151 Grand Street) and 147-149 Grand Street.
- The corner building, 158 Lafayette Street, is 100% vacant and requires extensive renovations. 147-149 Grand Street is comprised of 6 occupied units
- The short term leases provide significant cash flow.
- The combined lot area of the 2 properties is approximately ±7,165 SF which allows for a zoning floor area of approximately ±85,000 SF
- Both properties are located in the Soho Cast Iron Historic District and Mandatory Inclusionary Housing district.
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
SOHO DEVELOPMENT SITE
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
7165
STORIES
5
YEAR BUILT
1920
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
0233-0015
