512 greenwich street - Agorafy

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512 GREENWICH STREET

As of 11.14.14

Hudson Square Mixed-Use Building Delivered Vacant Location:

West side of Greenwich Street between Spring and Canal Streets.

Block / Lot:

595 / 74

Lot Size:

18.75’ x 40.33’ (Approx.)

Lot Area:

756 SF (Approx.)

Stories:

4

Building Gross SF:

3,024 SF (Approx.)

Building Buildable SF:

4,551 SF (Approx.)

Air Rights:

1,527 SF (Approx.)

Zoning:

C6-2A Hudson Square

FAR:

6.02

Assessment (14/15):

$154,350.78

Estimated Taxes (14/15):

$13,841.00

Projected NOI:

$168,189

512 Greenwich Street is a four-story mixed-use building that will be DELIVERED VACANT. The building is located in the Hudson Square neighborhood and is built full to lot size. The building has two separate entrances; one for the basement and ground floor, and a separate entrance for floors two through four. There is an elevator shaft in the rear left corner of the building, therefore a passenger elevator can easily be installed. The building is currently all residential and user occupied; however, with two separate entrances, the ground floor can easily be converted into a restaurant or retail space. This is the ideal property for a user looking for a vacant building, or an investor looking for a mixed-use building in a rapidly changing neighborhood.

ASKING PRICE: $3,500,000

Price / SF: $1,157

Projected Cap: 4.8%

For further information please contact: Robert Burton Senior Vice President 212.660.7770 [email protected]

Matthew Colantonio Associate 516.680.6832 [email protected]

Stephanie Mitchell Associate 212.660.7724 [email protected]

275 Madison Avenue • Third Floor • New York, NY 10016 • 212.696.2500 • Fax 212.696.0333 www.masseyknakal.com THE BRONX

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