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34 Market St
New York, NY 10002
Local commercial Bien À vendre
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Zoned R7-2 with development potential of up to 9,669 buildable square feet through UAP.
- Located in the Two Bridges and Chinatown neighborhood of Lower Manhattan.
- Approximately 0.2 miles from the East Broadway F train station.
- Supports boutique condominium or 485-x rental development strategies.
- Improved with a single commercial building, offering redevelopment flexibility.
- Improved with a single commercial building, offering redevelopment flexibility.
Résumé analytique
Ariel Property Advisors has been retained to sell 34 Market Street, a boutique residential development opportunity in Manhattan’s Two Bridges/Chinatown neighborhood.
Located between Madison and Henry Streets is a 22.25-foot-wide parcel measuring approximately 1,930 square feet. The property is currently improved by a 2-story, approximately 2,830-square-foot commercial building containing one commercial unit.
Dynamic Development Potential
• Residential Use
• Standard Residential, 3.44 FAR: Up to 6,639 ZFA
• Universal Affordability Preference (UAP), 5.01 FAR: Up to 9,669 ZFA
• Potential Condominium Program: 5-7 Units
• Potential 485-x Rental Program: Approximately 10-12 Units
With limited supply and continued demand for new residential product across Lower Manhattan, 34 Market Street represents an ideal boutique condominium or rental development opportunity.
Its central location between Chinatown, Two Bridges, the Lower East Side, Civic Center and the South Street Seaport offers convenient access to major Downtown employment, dining and retail districts. The East Broadway F station is approximately 0.2 miles away, while nearby investment at Essex Crossing and East River Park further strengthens the area’s residential appeal.
Developers could pursue either a boutique condominium project or a rental development as of right or utilizing UAP and a potential 485-x strategy.
Located between Madison and Henry Streets is a 22.25-foot-wide parcel measuring approximately 1,930 square feet. The property is currently improved by a 2-story, approximately 2,830-square-foot commercial building containing one commercial unit.
Dynamic Development Potential
• Residential Use
• Standard Residential, 3.44 FAR: Up to 6,639 ZFA
• Universal Affordability Preference (UAP), 5.01 FAR: Up to 9,669 ZFA
• Potential Condominium Program: 5-7 Units
• Potential 485-x Rental Program: Approximately 10-12 Units
With limited supply and continued demand for new residential product across Lower Manhattan, 34 Market Street represents an ideal boutique condominium or rental development opportunity.
Its central location between Chinatown, Two Bridges, the Lower East Side, Civic Center and the South Street Seaport offers convenient access to major Downtown employment, dining and retail districts. The East Broadway F station is approximately 0.2 miles away, while nearby investment at Essex Crossing and East River Park further strengthens the area’s residential appeal.
Developers could pursue either a boutique condominium project or a rental development as of right or utilizing UAP and a potential 485-x strategy.
Informations sur l’immeuble
Type de vente
Investissement
Condition de vente
Projet de requalification
Type de bien
Local commercial
Sous-type de bien
Bien à usage mixte
Surface de l’immeuble
263 m²
Classe d’immeuble
C
Année de construction
1900
Prix
3 013 710 €
Prix par m²
11 462,65 €
Occupation
Mono
Hauteur du bâtiment
2 étages
Coefficient d’occupation des sols de l’immeuble
1,47
Surface du lot
0,02 ha
Zonage
R7-2 - Le zonage R7 est considéré comme résidentiel à densité moyenne. Il est divisé en deux districts de zonage de base R7-1 et R7-2. Le 7-2 impose moins d'exigences en matière de stationnement.
Façade
7 m sur Market Street
Caractéristiques
- Ligne d’autobus
Taxes foncières
| Numéro de parcelle | 0275-0024 | Évaluation des aménagements | 23 869 € |
| Évaluation du terrain | 65 871 € | Évaluation totale | 89 740 € |
Taxes foncières
Numéro de parcelle
0275-0024
Évaluation du terrain
65 871 €
Évaluation des aménagements
23 869 €
Évaluation totale
89 740 €
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