2283 First Avenue

About this property

REAL ESTATE DEVELOPMENT OPPORTUNITY.

THE PROPERTY WILL BE DELIVERED WITH APPROVED PLANS WITH THE DEPARTMENT OF BUILDING.

Rental Building or Condominium Project plans by ISAAC & STERN ARCHITECTS.

Vacant building, no existing tenants in place.

The current annual taxes are $6,927.32 and class tax 2A will help keep the taxes low.

*Please consult with your accountant

Proposed plans call for a vertical and horizontal enlargement that will result in 5 Floors 10 apartments
(9 studios & 1 PH 2 bedroom)

Package Room, Laundry Room, Refuse Rom, Roof

Proposed gross area= 6,493 SF

Proposed Net RENTABLE / SELLABLE SF = 4,294 SF

This is a very rare opportunity with a highly desirable unit mix and efficient layouts to create long-term value and income.

Listing Courtesy of Francis Russo and Lenny Sporn