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391 Canal St 0.04 Acres of Residential Land Offered at $7,603,750 CAD in New York, NY 10013

Residential Land & Home Lots New York New York 391 Canal St, New York, NY 10013

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INVESTMENT HIGHLIGHTS

  • Prime Soho Location | Development Site

EXECUTIVE SUMMARY

An exceptional development opportunity in the highly coveted SoHo neighborhood. The site is located on the North side of Canal
Street, between Thompson Street and West Broadway, with 21.5 feet of frontage along Canal Street. Its flexible M1-
5/R10 zoning, and prime location present developers with an opportunity to capitalize on the strong demand for
residential developments, as well as favorable retail economics driven by the proximity to top tourist attractions in
SoHo and TriBeCa.
Currently, the site consists of one tax lot, improved with a one-story building. The entire site will be delivered vacant,
allowing developers to demolish the remaining existing structure.

PROPERTY FACTS

Price $7,603,750 CAD Property Type Land
Sale Type Investment Property Subtype Residential
Sale Conditions
1031 Exchange
  • Lease Option
  • Redevelopment Project
  • Building in Shell Condition
 Proposed Use
Commercial
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Apartment Units - Condo
  • Bank
  • Department Store
  • Hold For Development
  • Hold For Investment
  • Hotel
  • Loft or Creative Space
  • Restaurant
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Single Family Residence
No. Lots 1 Total Lot Size 0.04 AC
Zoning M1 - M2 - M2 Districts occupy the middle ground between light and heavy industrial areas
Price $7,603,750 CAD
Sale Type Investment
Sale Conditions
1031 Exchange
  • Lease Option
  • Redevelopment Project
  • Building in Shell Condition
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Apartment Units - Condo
  • Bank
  • Department Store
  • Hold For Development
  • Hold For Investment
  • Hotel
  • Loft or Creative Space
  • Restaurant
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Single Family Residence
Total Lot Size 0.04 AC
Zoning M1 - M2 - M2 Districts occupy the middle ground between light and heavy industrial areas

1 LOT AVAILABLE

Lot

Price $7,603,750 CAD Lot Size 0.04 AC
Price Per AC $198,811,647.98 CAD
Price $7,603,750 CAD
Price Per AC $198,811,647.98 CAD
Lot Size 0.04 AC

391 Canal Street ("The Site"), an exceptional development opportunity in the highly coveted SoHo neighborhood. The site is located on the North side of Canal Street, between Thompson Street and West Broadway, with 21.5 feet of frontage: $275 per BSF

1 1
Walk Score®
Walker's Paradise (100)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (95)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores
(646) 671-0510

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Contact the broker for more information about this property

CONTACT

  • Listing ID: 35457591

  • Date on Market: 2024-12-20

  • Last Updated:

  • Address: 391 Canal St, New York, NY 10013

The Land Property at 391 Canal St, New York, NY 10013 is currently available for Sale. Contact Hillel Realty Group for more information.

LAND PROPERTIES IN NEARBY NEIGHBORHOODS

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391 Canal St
(646) 671-0510 x

391 Canal St

Tomer Hillel
(646) 671-0510

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