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224 East 38th Street - Development Site 0.06 Acres of Residential Land Offered at $13,698,961 CAD in New York, NY 10016
INVESTMENT HIGHLIGHTS
- Prime Mixed-Use Development Site.
- Flexible C1-9 / R10 Zoning.
- City of Yes UAP & Inclusionary Housing Bonus Eligible.
- 29' x 84' Lot with up to 29,232 ZFA.
- As of Right Residential, Commercial or Community Facility Development.
- Prime Midtown East, Murray Hill, Kips Bay: Adjacent NYU Langone, United Nations, Freedom Plaza & Grand Central.
EXECUTIVE SUMMARY
B6 Real Estate Advisors has been retained on an exclusive basis to arrange for the sale of 224 East 38th Street, Manhattan, New York (the "Property"). The Property is an approximately 29' x 84' lot located on the south side of 38th Street, between Second & Third Avenues. The lot is currently improved by a three-story vacant warehouse. The site offers a unique development opportunity in flexible zoning permitting residential, commercial or community facility development.
PROPERTY FACTS
| Price | $13,698,961 CAD | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.06 AC |
| Property Type | Land | No. Stories | 3 |
| Zoning | C1-9 / R10 | ||
| Price | $13,698,961 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.06 AC |
| No. Stories | 3 |
| Zoning | C1-9 / R10 |
1 LOT AVAILABLE
Lot
| Price | $13,698,961 CAD | Lot Size | 0.06 AC |
| Price Per AC | $244,961,131.01 CAD |
| Price | $13,698,961 CAD |
| Price Per AC | $244,961,131.01 CAD |
| Lot Size | 0.06 AC |
29' x 84' Lot located on the south side of East 38th Street between Second and Third Avenues in Manhattan's Murray Hill neighborhood.
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Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (83)
PROPERTY TAXES
| Parcel Number | 0918-0045 | Improvements Assessment | $484,613 CAD |
| Land Assessment | $351,285 CAD | Total Assessment | $835,898 CAD |
PROPERTY TAXES
Parcel Number
0918-0045
Land Assessment
$351,285 CAD
Improvements Assessment
$484,613 CAD
Total Assessment
$835,898 CAD
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224 East 38th Street - Development Site
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