ESTATE SALE UPPER EAST SIDE ELEVATORED TOWNHOUSE
162 EAST 83RD STREET New York, NY 10021 PROPERTY INFORMATION LOCATION:
Located on the south side of 83rd Street between Third and Lexington Avenue.
BLOCK / LOT:
1511/144
LOT DIMENSIONS:
18.42’ x 122.33’
(SF Irr. Approx.)
LOT AREA:
2,260
(SF Irr. Approx.)
BUILDING SIZE GROUND FLOOR:
18.5’ x 33’ SF =
575
(SF Irr. Approx.)
SECOND FLOOR:
18.5’ x 72’ SF = 1,290
(SF Irr. Approx.)
THIRD FLOOR;
18.5’ x 48’ SF =
915
(SF Irr. Approx.)
FOURTH FLOOR:
18.5’ x 48’ SF =
915
(SF Irr. Approx.)
FIFTH FLOOR:
18.5’ x 48’ SF =
915
(SF Irr. Approx.)
BUILDING INFORMATION GROSS SQUARE FOOTAGE:
4,610
STORIES:
5
NUMBER OF UNITS:
2 Duplexes
ZONING / FAR:
R8B/4.0
BUILDABLE SQUARE FOOTAGE:
9,040
EXISTING SQUARE FOOTAGE:
4,610
(SF Irr. Approx.)
DEVELOPMENT RIGHTS:
4,430
(Subj. to Sliver Law) (SF Irr. Approx.)
DELIVERED VACANT:
Yes
HISTORIC DISTRICT/LANDMARK:
No
TAX ASSESMENT (14/15): REAL ESTATE TAXES (14/15):
$237,888
(SF Irr. Approx.)
(SF Irr. Approx.)
$45,653
PROPERTY DESCRIPTION:
R EDU CED P RI CE : $8, 9 0 0 ,00 0
$8,200,000
Ma s s e y K n a k a l Re a l t y Se r v i c e s h a s b e e n re t a i n e d o n a n e xc l u s i ve b a s i s t o a r r a n g e t h e Sa l e o f 1 6 2 E a s t 8 3 rd St re e t l o c a t e d o n t h e s o u t h s i d e o f E a s t 8 3 rd St re e t b e t we e n T h i rd a n d L e x i n g t o n Ave n u e . T h i s e l e va t o re d t ow n h o u s e i s c o n f i g u re d a s t w o d u p l e x u n i t s , o f w h i c h , o n e o c c u p i e s t h e 2 n d a n d 3 rd f l o o r s a n d i s a p p rox i m a t e l y 2 , 2 0 5 s q u a re f e e t , w h i l e t h e o t h e r u n i t o c c u p i e s t h e 4 t h a n d 5 t h f l o o r, a n d i s a p p rox i m a t e l y 1 , 8 3 0 s q u a re f e e t . Bu i l d i n g s t o r a g e a n d m e c h a n i c a l s a re l o c a t e d o n t h e g ro u n d f l o o r a s t h e re i s n o e x i s t i n g b a s e m e n t . T h e p ro p e r t y r u n s o n g a s , c o n t a i n s o p e r a t i o n a l f i re p l a c e s a n d h a s c e n t r a l a i r i n e a c h o f t h e d u p l e xe s . T h e l o t d e p t h i s a n a m a z i n g 1 2 2 ’ w h i l e t h e b u i l d i n g i s b u i l t o n l y 7 2 ’ o n t h e s e c o n d f l o o r, s e t b a c k t o 3 3 ’ o n t h e g ro u n d f l o o r, a n d b u i l t 4 8 ’ o n f l o o r s 3 - 5 . T h e t ow n h o u s e i s n o t L a n d m a rk e d n o r l o c a t e d i n a Hi s t o r i c Di s t r i c t g i v i n g a p ro s p e c t i ve p u rc h a s e r t h e u n i q u e o p p o r t u n i t y t o u s e t h e re m a i n i n g a p p rox i m a t e l y 4 , 4 3 0 s q u a re f e e t o f d e ve l o p m e n t r i g h t s t o a d d o n t o t h e b a c k o f t h e p ro p e r t y a n d / o r i n c re a s e t h e h e i g h t . Pl e a s e re f e r t o p a g e 1 5 o f o u r m a rk e t i n g b ro c h u re f o r a c o m p l e t e a n d p ro f e s s i o n a l zo n i n g s t u d y. T h e p ro p e r t y w i l l b e d e l i ve re d va c a n t , a n d p rov i d e s a u n i q u e o p p o r t u n i t y f o r a n i n ve s t o r, d e ve l o p e r, o r u s e r t o ow n a r a re t ow n h o u s e w i t h s o m u c h u p s i d e p o t e n t i a l i n o n e o f t h e m o s t s o u g h t a f t e r re s i d e n t i a l n e i g h b o r h o o d s i n t h e c o u n t r y.
For further information or inspection, please contact Exclusive Agents:
Robert Knakal
Chairman
[email protected] 212.696.2500 x7777
Thomas Gammino
Senior Vice President of Sales
[email protected] 212.696.2500 x7727
Jonathan Hageman
Sales Team Manager
[email protected] 212.696.2500 x7773
Brett Weisblum
Associate Director of Sales
[email protected] 212.696.2500 x7784
Louis Marchetta
Associate
[email protected] 212.696.2500 x5143
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.
275 Madison Avenue • Third Floor • New York, NY 10016 • 212.696.2500 • Fax 212.696.0333 www.masseyknakal.com THE BRONX BROOKLYN MANHATTAN NASSAU NEW JERSEY QUEENS STATEN ISLAND WESTCHESTER
ESTATE SALE UPPER EAST SIDE ELEVATORED TOWNHOUSE
162 EAST 83RD STREET New York, NY 10021
For further information or inspection, please contact Exclusive Agents:
Robert Knakal
Chairman
[email protected] 212.696.2500 x7777
Thomas Gammino
Senior Vice President of Sales
[email protected] 212.696.2500 x7727
Jonathan Hageman
Sales Team Manager
[email protected] 212.696.2500 x7773
Brett Weisblum
Associate Director of Sales
[email protected] 212.696.2500 x7784
Louis Marchetta
Associate
[email protected] 212.696.2500 x5143
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.
275 Madison Avenue • Third Floor • New York, NY 10016 • 212.696.2500 • Fax 212.696.0333 www.masseyknakal.com THE BRONX BROOKLYN MANHATTAN NASSAU NEW JERSEY QUEENS STATEN ISLAND WESTCHESTER