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930 Third Ave 2 biens | Immeuble residentiel | À vendre | 25 841 399 € | New York, NY
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Highly visible corner position at Third Avenue and East 56th Street within Midtown East.
- Universal Affordability Preference program allows additional density through FAR bonuses.
- Existing rent roll offers stable interim cash flow during entitlement process.
- Combined as-of-right development rights enable significant mixed-use or residential projects.
- Strong surrounding market with major office towers, luxury condo developments, and retail components.
- Proximity to Grand Central Terminal and major transportation hubs, ensuring connectivity and convenience.
Résumé analytique
This exclusive Midtown East assemblage offers a rare opportunity to acquire three contiguous parcels positioned at the highly visible intersection of Third Avenue and East 56th Street. Spanning a combined lot size of approximately 4,795 square feet, the site delivers significant development flexibility supported by C6-6 zoning and an R10 overlay, among the most permissive commercial designations in New York City. The property features as-of-right buildable square footage of roughly 71,370 BSF for commercial use and 47,580 BSF of residential air rights, unlocking potential for a premier mixed-use or luxury residential project in one of Manhattan’s most sought-after corridors.
This assemblage benefits from eligibility for the Universal Affordability Preference (UAP) bonus, offering an additional 5,750 BSF of residential density beyond current FAR baselines. Situated amidst leading Midtown office towers, luxury condominiums, and robust retail corridors, the site ensures strong demand drivers and long-term value. Existing income-producing assets generate approximately $1.34 million in annual gross income, providing cash flow during entitlement and development planning. Offered at $30 million, equating to favorable pricing metrics as compared to nearby benchmarks, this acquisition represents an exceptional foundation for a transformative ground-up project in Manhattan’s commercial and residential core.
This assemblage benefits from eligibility for the Universal Affordability Preference (UAP) bonus, offering an additional 5,750 BSF of residential density beyond current FAR baselines. Situated amidst leading Midtown office towers, luxury condominiums, and robust retail corridors, the site ensures strong demand drivers and long-term value. Existing income-producing assets generate approximately $1.34 million in annual gross income, providing cash flow during entitlement and development planning. Offered at $30 million, equating to favorable pricing metrics as compared to nearby benchmarks, this acquisition represents an exceptional foundation for a transformative ground-up project in Manhattan’s commercial and residential core.
Informations sur l’immeuble
| Prix | 25 841 399 € | Statut | Actif |
| Prix/m² | 6 432 € / m² | Nb de biens | 2 |
| Condition de vente | Projet de requalification | Individuellement en vente | 0 |
| Taux de capitalisation | 2,55 % | Surface totale de l’immeuble | 4 018 m² |
| Type de vente | Investissement | Surface totale du terrain | 0,05 ha |
| Prix | 25 841 399 € |
| Prix/m² | 6 432 € / m² |
| Condition de vente | Projet de requalification |
| Taux de capitalisation | 2,55 % |
| Type de vente | Investissement |
| Statut | Actif |
| Nb de biens | 2 |
| Individuellement en vente | 0 |
| Surface totale de l’immeuble | 4 018 m² |
| Surface totale du terrain | 0,05 ha |
Biens
| Nom du bien/adresse | Type de bien | Surface | Année de construction | Prix individuel |
|---|---|---|---|---|
| 928-930 Third Ave, New York, NY 10022 | Immeuble residentiel | 2 613 m² | 1920 | - |
| 164 E 56th St, New York, NY 10022 | Immeuble residentiel | 1 405 m² | 1910 | - |
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930 Third Ave
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