465 washington street new york, ny - Agorafy
465 WASHINGTON STREET NEW YORK, NY “Shovel Ready” Development Site
FOR SALE
TriBeCa
PROPERTY FEATURES This unique TriBeCa property offers the purchaser several exciting possibilities. The existing 5-story building is being DELIVERED VACANT with additional air rights purchased from surrounding properties, designed plans ready for approval for a 10-story luxury condominium building and building permits expected in March. With Zakrzewski + Hyde as the architect, Robert Silman Associates the structural engineer, Langan the geo-technical engineer, and P.A. Collins PE the mechanical engineer, this is truly a “SHOVEL-READY” project. Note: per existing agreements in place, a portion of the basement and the GRFL will be conveyed to adjacent building owners as partial consideration for development rights. The developer is required to build out a white-box in the basement and access from the east to the adjacent property. Build-out for the retail space is white-box only. The 3rd floor will be deeded and delivered to prior owners after minimal build-outs by the developer. Build-out for the 3rd floor is Ikea fixtures and 2.5” maple floors. It is the obligation of the purchaser to fund $10,000 per month to the 3rd floor owner for her rent until renovation complete. This offering to the purchaser is for the entire 13,875 SF building plus air rights. The purchaser is then obligated to convey the ground floor commercial space, 3rd floor and portion of basement to transferees. The approximately 9,850 BSF of existing and purchased air rights equates to approximately 18,175 total sellable SF for the developer after deducting the GRFL and 3rd floor sellable SF. ASKING PRICE
$16,950,000 FOR MORE INFORMATION, PLEASE CONTACT: Robert Burton Executive Director (212) 696 2250 x 7770 [email protected]
Stephanie Mitchell Associate (212) 696 2250 x 7724 [email protected]
Keegan Mehlhorn Associate (212) 696 2250 x 7718 [email protected]
CUSHMAN & WAKEFIELD 275 Madison Avenue New York, NY 10016 nyinvestmentsales.com
No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions, imposed by our client. The depiction in the above photography of any person, entity, sign, logo or property (other than Cushman & Wakefield’s client and the Property offered by Cushman & Wakefield) is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and Cushman & Wakefield or its client.
465 WASHINGTON STREET “Shovel Ready” Development Site For Sale BUILDING FEATURES BLOCK / LOT
595 / 30
LOT DIMENSIONS
45.67’ x 61.1’ (Irregular)
LOT SF
2,803 (Approx.)
BUILDING DIMENSIONS
45’ x 61’
BUILDING GROSS SF
13,875 (Approx.)
TOTAL BUILDABLE SF
23,725 (Approx.)
ZONING
C6-2A/TMU
REAL ESTATE TAXES (14/15)
$73,125
TOTAL ESTIMATED EXPENSES
$556,292
DESIGN PLANS UNIT
TYPE
CELLAR
GROSS SF 2,775
1A
Lobby
1,298
1B
Retail (Pre-Sold)
1,477
2
Residential
2,775
3
Residential (Pre-Sold)
2,775
4
Residential
2,775
5
Residential
2,775
6/7
Residential
3,940
8
Residential
1,970
PH (9/10)
Residential
3,940
TOTAL
23,725
FOR MORE INFORMATION, PLEASE CONTACT: Robert Burton Executive Director (212) 696 2250 x 7770 [email protected]
Stephanie Mitchell Associate (212) 696 2250 x 7724 [email protected]
Keegan Mehlhorn Associate (212) 696 2250 x 7718 [email protected]
CUSHMAN & WAKEFIELD 275 Madison Avenue New York, NY 10016 nyinvestmentsales.com
No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions, imposed by our client. The depiction in the above photography of any person, entity, sign, logo or property (other than Cushman & Wakefield’s client and the Property offered by Cushman & Wakefield) is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and Cushman & Wakefield or its client.
FOR SALE
TriBeCa
PROPERTY FEATURES This unique TriBeCa property offers the purchaser several exciting possibilities. The existing 5-story building is being DELIVERED VACANT with additional air rights purchased from surrounding properties, designed plans ready for approval for a 10-story luxury condominium building and building permits expected in March. With Zakrzewski + Hyde as the architect, Robert Silman Associates the structural engineer, Langan the geo-technical engineer, and P.A. Collins PE the mechanical engineer, this is truly a “SHOVEL-READY” project. Note: per existing agreements in place, a portion of the basement and the GRFL will be conveyed to adjacent building owners as partial consideration for development rights. The developer is required to build out a white-box in the basement and access from the east to the adjacent property. Build-out for the retail space is white-box only. The 3rd floor will be deeded and delivered to prior owners after minimal build-outs by the developer. Build-out for the 3rd floor is Ikea fixtures and 2.5” maple floors. It is the obligation of the purchaser to fund $10,000 per month to the 3rd floor owner for her rent until renovation complete. This offering to the purchaser is for the entire 13,875 SF building plus air rights. The purchaser is then obligated to convey the ground floor commercial space, 3rd floor and portion of basement to transferees. The approximately 9,850 BSF of existing and purchased air rights equates to approximately 18,175 total sellable SF for the developer after deducting the GRFL and 3rd floor sellable SF. ASKING PRICE
$16,950,000 FOR MORE INFORMATION, PLEASE CONTACT: Robert Burton Executive Director (212) 696 2250 x 7770 [email protected]
Stephanie Mitchell Associate (212) 696 2250 x 7724 [email protected]
Keegan Mehlhorn Associate (212) 696 2250 x 7718 [email protected]
CUSHMAN & WAKEFIELD 275 Madison Avenue New York, NY 10016 nyinvestmentsales.com
No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions, imposed by our client. The depiction in the above photography of any person, entity, sign, logo or property (other than Cushman & Wakefield’s client and the Property offered by Cushman & Wakefield) is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and Cushman & Wakefield or its client.
465 WASHINGTON STREET “Shovel Ready” Development Site For Sale BUILDING FEATURES BLOCK / LOT
595 / 30
LOT DIMENSIONS
45.67’ x 61.1’ (Irregular)
LOT SF
2,803 (Approx.)
BUILDING DIMENSIONS
45’ x 61’
BUILDING GROSS SF
13,875 (Approx.)
TOTAL BUILDABLE SF
23,725 (Approx.)
ZONING
C6-2A/TMU
REAL ESTATE TAXES (14/15)
$73,125
TOTAL ESTIMATED EXPENSES
$556,292
DESIGN PLANS UNIT
TYPE
CELLAR
GROSS SF 2,775
1A
Lobby
1,298
1B
Retail (Pre-Sold)
1,477
2
Residential
2,775
3
Residential (Pre-Sold)
2,775
4
Residential
2,775
5
Residential
2,775
6/7
Residential
3,940
8
Residential
1,970
PH (9/10)
Residential
3,940
TOTAL
23,725
FOR MORE INFORMATION, PLEASE CONTACT: Robert Burton Executive Director (212) 696 2250 x 7770 [email protected]
Stephanie Mitchell Associate (212) 696 2250 x 7724 [email protected]
Keegan Mehlhorn Associate (212) 696 2250 x 7718 [email protected]
CUSHMAN & WAKEFIELD 275 Madison Avenue New York, NY 10016 nyinvestmentsales.com
No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions, imposed by our client. The depiction in the above photography of any person, entity, sign, logo or property (other than Cushman & Wakefield’s client and the Property offered by Cushman & Wakefield) is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and Cushman & Wakefield or its client.
