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Best Sales deals in Manhattan: |
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W 29 St
4 story building for sale
5,358 sf + 2 floors of air rights
Entire building can be delivered vacant
Ground floor - retail
Floors 2-4 are single unit, 2 bed/1.5 bath fair
market, fully renovated, fair market apartments
Top floor has skylights
Building has central air
Zoning: M1-5
Lot Size: 25' x 98.75'
Price: $5,500,000 |
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Chelsea |
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12300 |
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$447 per SF |
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Bleecker St
Great 3 story building
Prime location on downtown's most prestigious new fashion thoroughfare.
The 2nd floor is currently occupied by 2 office
tenants
The top floor is currently residential and features
two large skylights
Features 26 ft of frontage.
Building dimensions: 27 ft x 75 ft.
Asking $9,000,000 |
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West Village |
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5200 |
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$1730 per SF |
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E 29 St
Charming 4 Story building with 3 one bedroom furnished rental apartments all with fireplaces. Each are rented short-term at $2,600/month. A small duplex retail /office space rents at $3,246/mo at street level and below.
Asking: $2,500,000
Building dimentions: 22' X 25'
As built: 2,100 s/f
Buildable: 4,100 s/f
Annual Rental Income approx: $132,552
Taxes per annum: $15,500
Electricity: $600 per annum
Gas: $5,000/ per annum
Super: $1,800 per annum
Total Annual Expenses: aprox $30,000
NOI: 102,552
Cap rate: 4.1% |
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Gramercy |
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4100 |
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$609 per SF |
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W 51 St
A four-story, 20' wide townhouse building that was renovated and converted to a two family home in 2003. Each apartment is a duplex. The lower apartment has access to a beautiful and large garden that is over 1000 square feet. The parlour (second) and third floors have ceilings of 11' with great original detail. The basement is built the length of the building and can be used for storage. Both apartments are free market with leases expiring in March 2008. With almost 4,500' of available air rights and the ability to gain vacancy in the near term this is a stellar single-family conversion or live-plus-income opportunity.
Lot size: 20 X 100
Taxes: $11,400
Asking: $4,000,000
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Midtown West |
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8440 |
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$473 per SF |
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E 20 St
A 19.5 -wide, three-story plus English basement townhouse for sale. Located steps from Gramercy Park. Currently configured as two loft-style duplex apartments. South-facing garden. Ideal for single-family conversion, end-user or small development. The building is zoned C1-9A / R8B equivalent which has an F.A.R of 10 for commercial or residential. There are approximately 11,934 sq.ft. of available air rights. The property is currently vacant and in need of renovation.
Size: 19.5' x 78' (Built 42'-deep)
As built: 3,200 s/f
Buildable: 15,200 s/f
Asking: $4,300,000 |
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Gramercy |
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15200 |
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$282 per SF |
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E 4 St
A 23' x 96.2' development site for sale. Currently the zoning is R7-2 with a C1-5 Overlay, which has a an "as of right" maximum residential F.A.R of 3.44 and commercial F.A.R. of 2.0. The site has a proposed zoning change to R7A which would increase the maximum residential F.A.R. to 4.0.
Buildable: 7,600 s/f
Asking price: $3 mil |
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East Village |
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7600 |
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$394 per SF |
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W 36 St
5 Story office building for sale.
7,700 sq. ft. as built
FAR 10
19,700 sq. ft. buildable
Lot dimensions 20 ft x 98.75 ft
Asking $8 Mil |
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Midtown West |
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19750 |
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$405 per SF |
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Lexington Ave
Building for sale:
FAR: 10
Building Size: 5,172 SF
Price: $6,500,000
Buildable: 14,250 |
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Midtown East |
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14250 |
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$456 per SF |
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W 37 St
Hotel development site for sale at $30,000,000. Close to Javits Center Expansion, Garment Center, Times Square. Potential to build a 20 story Hotel with 225 rooms.
Commercial (hotel 10.0 FAR) as of right
-cellar: storage and mechanical built full at 7,406 sf.
-1st: floor retail and hotel lobby, built 7,4O6 sf
-2nd to 9th: hotel. 5,156 sf 12 keys (6 suite, 6 standard rooms) per floor
-10th to 16th: hotel, 3,656 sf 12 rooms per floor hotel rooms l, gross area 81,652 sf plus cellar (will be reduced to maximum zoning area by mechanical deductions)
Purchasing District Improvement Bonus of 14,812 square feet commercial (Hotel 12.0 FAR)
Total DIB 14,812 sf x $105 = $1,555,260 payment to New York City
Zoning: C6-4M Special Garment Center Preservation District
Survey, plans for hotel, boring, environmentals completed. |
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Midtown West |
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82000 |
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$367 per SF |
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W 40 St
Development site for sale at $55,374,000.
98,750 s/f
79,000 s/f from city can be bought.
Built: 100 ft x 99 ft
Lot Size: 100 ft x 98.75 ft
Zoning: C6-4/HY
F.A.R: 10 + (8) *Bonus FAR
The property offered has a 10 FAR for a total of 98,750 buildable SF selling for $47 Million or approx. $475 Per Buildable SF. An
additional *8 Bonus FAR can be acquired from the City for a fixed price of $8,374,000 or $106 per buildable sf. Combined the As-of-Right buildable SF totals 177,750 with a combined purchase price of $55,374,000 or approximatly $311 per buildable sf. A number of hotel
developments are under construction and in the pipeline to be built during the next year on 39th and 40th Streets. The NY Times building with
1,600,000sf of office and retail space is located one block away. The Javits Center is few blocks away and plans to add an additional 1,600,000 sf of exhibition space, 365,000 sf for meeting place and 86,000 sf of ballroom accomodations. The proposed tower will add an extra 1,300,000 sf of new office space above the Port Authority Bus Terminal and 55,000 square feet of retail space. The site is located a
few blocks away from Times Square and major ransportation. No limit on building height. |
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Midtown West |
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177750 |
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$311 per SF |
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Water St
Two contiguous mixed-use walk-up
buildings for sale at $15,900,000.
Can be delivered vacant with the
exception of the ground floor tenant who can be bought out
for $300,000.
The combined lot area: 3,003 SF
Zoning: C5-5/LM
The base commercial FAR: 15.0
Buildable: 45,042 sf.
The FAR could potentially be increased to 18.0 (depending on development options such as urban plaza).
The site is ideal for a boutique hotel or a mixed use
development project. |
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Financial District |
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45042 |
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$353 per SF |
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Norfolk St
Lot for sale at $9,500,000
Lot area 20x50,25x 100
Footprint 6,172sf
Zoning R7-2;
FAR 3.44
Proposed to be changed to R7-A, FAR 4.0
Total interior Net Sellable sq ft 24,095
Outdoor space 2,976sf
Parking 4,600
total sellable sf: 31,671 sf
It is fully approved condominium development with 72' of frontage. The approved plan calls for a total of 24 luxury units with cellar parking for 12 to 24 spaces. Desighned by the firm responsible for the nearby Hotel. The glass fronted apartment building will have 16 one bedroom, 5 two bedroom units and 3 three bedroom duplex penthouses. 13 units will have terace or balconies.A common roof garden will have a small lap pool. The net Sellable Sq Ft for residential use is 24,095sf + 2,976 outdoor +4600 sf income generating parking in the cellar for a total 31,673 Sellable Sq Ft.
DEP, thus enabling a developer to qualify for 421 A abatment by getting the foundation in place by the end of the year. A condo plan has been filed. This is an exiting project for a developer, and permits can be pulled and constraction can be started immediatly.
City Planning to moving forward with a re -zone of the area from R7-2to R7A-a. |
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Lower East Side |
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31671 |
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$300 per SF |
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Ave C
FOUR STORY AVENUE BUILDING DELIVERD VACANT! EAST, WEST & SOUTH EXPOSURE! VIVERARANT, TREE LINED. THREE FAMILY ONE STORE BUILDING! HIGH INCOME
RETURN POTENTIAL! LIVE IN ONE UNIT AND RENT THE REST! USE OR RENT THE STORE, WHICH IS VENTED FOR RESTAURANT USE! CONVERT TO A TOWN HOUSE OR MAKE A TRIPLEX AND LEAVE THE STORE! 155 MORE SQUARE FEET IN AIR RIGHTS! THE TAXES ARE ONLY $8500 PER ANNUM FOR THE WHOLE BUILDING!
For Sale Price: $3,000,000
NOI: $210,000
Cap Rate: 7%
Potential rents:
Store: $7,500 per month
1st and 2nd floor apartments: $4,000 per month each
Penthouse: $4,500 per month
Taxes: 8576
Water + Sewer: 1200
Insurance: 3000
Electric: 400
Gas and heat paid by tenant.
Building dimensions 23 ft x 43 ft
Lot dimensions 23 ft x 52 ft
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East Village |
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4000 |
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$750 per SF |
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W 46 St
Multifamily building for sale:
No. Units: 20
Building Size: 11,353 SF
Lot Size: 2,510 SF
Price: $5,500,000
Price/Unit: $275,000.00
Cap Rate: 4.10%
Year Built: 1901
Five Story Walk-up Apartment Building; 10 4BRS and 10 3BRS; 20 Total Apts.; Registered annual income is $305k; Zoning is R8/CL (Special Clinton District)
6.02 maximum allowed FAR,
4.52 FAR as built - 3,765 SF under FAR.
New chimney, replacement windows, roof, water heater, and furnace. Separate heat, hot water and sewer in basement. There is a large amount of development on this block.
Net Operating Income: $225,500
Rents have not been rased for few years, which brings the possibility to raise income. |
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Midtown West |
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11353 |
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$484 per SF |
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Lexington Ave
39.58'-wide, five story plus full basement commercial loft building for sale at $12,000,000
Built on an irregular lot. Building is entirely vacant, has a manual elevator, and offers approximately 11,553 square feet of developable air rights. Ideal situation for condominium conversion, boutique hotel, or owner/user.
Building Dimentions: 39.58 x 80
Lot Dimentions: 39.58 x 100
Est. Square Feet: 12274
Real Estate Taxes $72,382
Zoning C6-2 R8A
Assessed Value $585,000
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Murray Hill |
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23827 |
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$500 per SF |
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Greenwich St
Building for sale at $40,000,000
The property 100' wide 6 story fireproof warehouse building with a gross sf of appr 57,500sf. Except for 2000sf on the second fl the entire building has either very short term leases or can be delivered vacant. There is one holdover tenant in litigation. The building has approximately 42,500sf of buildable air rights, bringing the total buildable size to 100,000 s/f. |
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Soho |
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100000 |
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$400 per SF |
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White St
Development site for sale $13,500,000
Lot size: 6,104sf
Lot dimentions: 49.83' x 122.5'
Zonning: m1-5
suitable for development today into a hotel or commercial property as-of-right.
The property is located immediately south of Little Italy, and SoHo, east of TriBeCa and west of Chinatown. In addition, it is in the immediate vicinity of the City's Civic Center including City Hall and local, state and federal court systems, giving the tenants of a new building immediate access to all levels of government.
Given the enormous draw of the neighboring districts' cafe and restaurants, art galleries and high-end fashion salons, national and international retailers, the site is ideal for a boutique hotel development. It is also perfect for development into a commercial building for a user-purchaser seeking a permanent location for its own use. |
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Tribeca |
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30520 |
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$442 per SF |
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| To see any above properties contact us at listings@AboveNY.com or call 917-805-5089 |
| More properties for sale available at request |
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Best office deals in Manhattan: |
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Madison Ave & W 32 St
Medical Professional Space in Medical Building
2,000 sq. ft. medical office space. Ideal for any specialty.
Beautifully built, ready to be occupied with 7 rooms, several closets and 2 bathrooms.
Each room has a cabinet with sink, full of medical equipment (can be purchased or leased from the owner separately). Tenant controlled central HVAC.
This space is half of the floor; the owner occupies the other half. Impressive waiting and reception areas can be shared with the owner, however the tenant has the option not to use the reception and have completely separate entrance. Other than elevators, tenants and their patients can use separate staircase leading from the space to the lobby of the building (space is on the third floor).
Building lobby is attended 24/7. Beautiful lobby has seats for patients and pharmacy within.
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Gramercy |
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2,000 s/f |
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$58 psf |
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Broadway
Office space in
a landmark corner building for rent. Extremely bright raw space with gorgeous views. Building exterior, elevators and the lobby were recently renovated. |
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Union Square |
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11,500 s/f |
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$18.00 (s/f) |
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W 23 Street
Betw 5 and 6 Ave. Windowed office space for rent. Long term deal possible. |
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Chelsea |
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10,800 s/f |
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$42.00 (s/f) |
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W 35 Street
Office space in one of
the best maintained buildings for rent. Very bright vanila box space with windows on two sides. Central A/C, 24/7 access, build to suit. Located at best transportation HUB in New York City. |
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Midtown West |
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11,500 s/f
will divide |
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$21.00 (s/f) |
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Broadway
Office space for lease. Central A/C, 24/7 access. Beautiful clean building. 9 windowed units available, will make any size up to 7,000 s/f. Most spaces are in move-in condition. |
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Financial District |
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280 - 7,000 s/f |
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$21.00 - $23.00 (s/f) |
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| To see any above spaces contact us at listings@AboveNY.com or call 917-805-5089 |
| More office spaces available at request |
Best retail deals in Manhattan: |
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W Houston St
Ice Cream and Coffee shop business for sale.
New high-end installation. Great location! No ice-cream competition in the neighborhood!
Very high ceiling. 25' Frontage.
Sale price: $175,000 All equipment stays.
Don't miss this opportunity!
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West Village |
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600 |
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$5200 per month |
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Times Square
Kiosk retail space in the center of Times Square on Broadway
200 sq. ft. - $17,000 per month (or less)
Best for Currency Exchange, Ice-cream store, News / Magazines stand or any other business serving tourists. Will conceder food (no cooking).
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Times Square |
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200 |
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$17,000 per month |
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Bleecker St
Two story building for sale.
Dimensions: 16' X 81'
Currently occupied by a restaurant which pays rent $17,000/m till
2012.
Zoning: C2-6/R7
Buildable 4,458 s/f
F.A.R: 3.44
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West Village |
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2528 |
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Sale price:
$3,900,000 |
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W 28 St
Full basement. Aditional space on 2nd floor available for $4000. Bar/restaurant use - OK.
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Chelsea |
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2200 |
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$8500 per month |
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2 Ave
Basement - 2500sf. Food use will be concedered. |
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East Village |
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2500 |
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$11500 per month |
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St. Marks Place
Food use allowed |
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East Village |
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1100 |
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$10000 per month |
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Hanover Sq
Beatiful corner space with 25' of frontage. Great opportunity for any dry use. |
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Financial District |
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400 |
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$2333 per month |
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Water St
800sf basement
Building for sale.
Price - $3.025,000 (all cash)
Real Estate Taxes - $32,672
Total expenses - $41,222
NOI - $164,251 |
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Financial District |
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800 |
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$10000 per month |
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Water St
Existing cafe. No Key Money! Outside seating is allowed. Office and residential high income clientele. Opportunity no to be missed! Additional space on the second floor can be connected - from 2,000 sq ft up to 38,000 sq ft - $30 per sq ft |
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Financial District |
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1700 |
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$9917 per month |
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| To see any above spaces contact us at listings@AboveNY.com or call 917-805-5089 |
| More retail spaces available at request |
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