5362 Broadway Ave Multifamily Building

Dramatic reduction for historic redevelopment site. Building was originally designed as a mixed use building with a social club, shops and apartments. When combined with the adjoining small strip center building and parcels, this is a large and very viable development site. Located in an historic district, may qualify for historic renovation credits. Will be sold with 5340 Broadway. Both buildings are in good structural shape. Three story hotel has an old elevator that has good rails. Both buildings have extensive usable basements. Two stores, warehouse and potential for 8-9' ceiling loft apartments on 2nd and 3rd floors of the turrited hotel. Eligible for storefront rebates for store fronts and parking. Includes security system.

Additional adjoining properties available for more money. Qualified buyers only. Was used to film "Welcome to Collinwood" with George Clooney.