52 W 28th St - Storefront Retail/Residential FOR SALE


New York, NY 10001
$7,900,000 USD
646-469-4462
52 W 28th St, New York, NY for Sale
$7,900,000 USD
Storefront Retail/Residential - FOR SALE
1/9
null | Request Cap Rate

52 W 28th St
New York, NY 10001


HIGHLIGHTS

  • Mixed Use Building for Sale

OVERVIEW

Douglas Elliman has been exclusively retained through Douglas Elliman Commercial LLC to sell 52 West 28th Street on the south side of 28th Street between 5th and 6th Avenues. This four story mixed use building has three units and one storefront unit. This property is a great opportunity for an investor to maximize the 6,090 SF of unused FAR available. This property is located in the up and coming NoMad neighborhood, a hotbed of luxury condo buildings. The buyer has many options on how to maximize the investment asset. Allowed usable floor area: 9,870 SF Usable floor area as built: 3,780 SF Unused FAR: 6,090 SF The floor to area ration is the maximum number of square feet that can be built on a site relative to the square footage of the lot. Unused FAR indicates available air rights. The unused FAR is the allowed FAR minus the unused FAR.

FOR SALE DETAILS

PRICE

$7,900,000 USD

PRICE/SF

$2,090 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1915

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,307 SF

ZONING

C6-4X

APN/PARCEL ID

0829-0072

ASK ABOUT THIS PROPERTY

Fatema 'Faye' SamimDouglas Elliman Commercial Real EstateMore Info
646-469-4462

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Fatema 'Faye' SamimDouglas Elliman Commercial Real EstateMore Info
646-469-4462

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.