americas, ny, ny
828 Avenue of the Americas, NY, NY Vacant Building w/ Retail
Asking Price: $11,500,000
FOR SALE
PROPERTY HIGHLIGHTS
Location:
Located on the east side of the Avenue of the Americas between West 28th and 29th Streets
Block:
830 / 80
Lot Size:
20' x 75'
Building Size:
20' x 75', 75', 50', 50' (approx.)
Stories:
4
Gross Square Footage:
5,000
Zoning / FAR:
C6-4X (R10X Residential) / 10.00
Lot Size:
1,500
sq. ft. (approx.)
Total Buildable Sq. Ft.:
15,000
sq. ft. (approx.)
Air Rights :
10,000
Assessment (16/17) :
$427,079
Taxes (16/17):
$45,629
(approx.)
(approx.)
sq. ft. (approx.)
PROPERTY DESCRIPTION West 29 Street
y wa
BLOCK 830
80
ad Bro
Avenue of the Americas
th
West 28th Street
8 2 8 S i x t h Ave n u e i s a 2 0 ’ w i d e, 4 - sto r y, a p p rox i m ate l y 5 ,0 0 0 s q u a re fo o t b u i l d i n g l o c a te d o n t h e e a st s i d e o f t h e Ave n u e o f t h e A m e r i c a s b e t we e n We st 2 8 t h a n d 2 9 t h S t re e t s . Th e b u i l d i n g i s s i t u ate d i n a C 6 - 4 X zo n i n g d i st r i c t h av i n g a m a x i m u m FA R o f 1 0.0 w h i c h y i e l d s a p p rox i m ate l y 1 5 ,0 0 0 b u i l d a b l e s q u a re fe e t . Th e l o c at i o n a n d va c a n t d e l i ve r y m a ke t h e p ro p e r t y p e r fe c t fo r a n e n d - u s e r o r i nve sto r l o o k i n g to c a p i t a l i ze o n t h i s e m e rg i n g co r r i d o r a l o n g Ave n u e o f A m e r i c a s .
FOR MORE INFORMATION, PLEASE CONTACT: John F. Ciraulo Vice Chairman 212 660 7700 [email protected]
Craig M. Waggner Director 212 660 7744 [email protected]
Douglas A. Blankrot Director of Sales (212) 589 5157 [email protected]
Cushman & Wakefield 275 Madison Avenue 3rd Floor New York, NY 10016 (212) 696 2500
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness 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 the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
828 Avenue
of the
Americas, NY, NY
Vacant Building w/ Retail
PROJECTED REVENUE: Unit
Tenant
Gross SF
P.P.S.F.
Retail
Vacant
1,500
$
175
$
21,875
$
262,500
Second Floor
Vacant
1,500
$
100
$
12,500
$
150,000
Third Floor
Vacant
1,000
$
75
$
6,250
$
75,000
Fourth Floor
Vacant
1,000
$
75
$
6,250
$
75,000
$
46,875
$
562,500
Total Expected Residential Revenue
Monthly Rent
Annual Rent
* A l l Re n t s a re p ro j e c te d d u e to va c a n cy
ESTIMATED EXPENSES R.E. Taxes
Actual Taxes (16/17)
$
45,629
Water/Sewer
($0.75 per SF)
$
3,750
Insurance
($1.00 per SF)
$
5,000
Fuel
($1.60 per SF)
$
8,000
Electric
($0.25 per SF)
$
1,250
($200 per month)
$
2,400
($1.00 per SF)
$
5,000
(3.0% of Income)
$
16,875
$
87,904
Super Repairs Management Total:
FINANCIAL OVERVIEW: Projected Gross Annual Income:
$
562,500
Less Estimated Expenses:
$
87,904
Projected Net Operating Income:
$
474,596
Asking Price: $11,500,000
FOR MORE INFORMATION, PLEASE CONTACT: John F. Ciraulo Vice Chairman 212 660 7700 [email protected]
Craig M. Waggner Director 212 660 7744 [email protected]
Douglas A. Blankrot Director of Sales (212) 589 5157 [email protected]
Cushman & Wakefield 275 Madison Avenue 3rd Floor New York, NY 10016 (212) 696 2500
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness 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 the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Asking Price: $11,500,000
FOR SALE
PROPERTY HIGHLIGHTS
Location:
Located on the east side of the Avenue of the Americas between West 28th and 29th Streets
Block:
830 / 80
Lot Size:
20' x 75'
Building Size:
20' x 75', 75', 50', 50' (approx.)
Stories:
4
Gross Square Footage:
5,000
Zoning / FAR:
C6-4X (R10X Residential) / 10.00
Lot Size:
1,500
sq. ft. (approx.)
Total Buildable Sq. Ft.:
15,000
sq. ft. (approx.)
Air Rights :
10,000
Assessment (16/17) :
$427,079
Taxes (16/17):
$45,629
(approx.)
(approx.)
sq. ft. (approx.)
PROPERTY DESCRIPTION West 29 Street
y wa
BLOCK 830
80
ad Bro
Avenue of the Americas
th
West 28th Street
8 2 8 S i x t h Ave n u e i s a 2 0 ’ w i d e, 4 - sto r y, a p p rox i m ate l y 5 ,0 0 0 s q u a re fo o t b u i l d i n g l o c a te d o n t h e e a st s i d e o f t h e Ave n u e o f t h e A m e r i c a s b e t we e n We st 2 8 t h a n d 2 9 t h S t re e t s . Th e b u i l d i n g i s s i t u ate d i n a C 6 - 4 X zo n i n g d i st r i c t h av i n g a m a x i m u m FA R o f 1 0.0 w h i c h y i e l d s a p p rox i m ate l y 1 5 ,0 0 0 b u i l d a b l e s q u a re fe e t . Th e l o c at i o n a n d va c a n t d e l i ve r y m a ke t h e p ro p e r t y p e r fe c t fo r a n e n d - u s e r o r i nve sto r l o o k i n g to c a p i t a l i ze o n t h i s e m e rg i n g co r r i d o r a l o n g Ave n u e o f A m e r i c a s .
FOR MORE INFORMATION, PLEASE CONTACT: John F. Ciraulo Vice Chairman 212 660 7700 [email protected]
Craig M. Waggner Director 212 660 7744 [email protected]
Douglas A. Blankrot Director of Sales (212) 589 5157 [email protected]
Cushman & Wakefield 275 Madison Avenue 3rd Floor New York, NY 10016 (212) 696 2500
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness 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 the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
828 Avenue
of the
Americas, NY, NY
Vacant Building w/ Retail
PROJECTED REVENUE: Unit
Tenant
Gross SF
P.P.S.F.
Retail
Vacant
1,500
$
175
$
21,875
$
262,500
Second Floor
Vacant
1,500
$
100
$
12,500
$
150,000
Third Floor
Vacant
1,000
$
75
$
6,250
$
75,000
Fourth Floor
Vacant
1,000
$
75
$
6,250
$
75,000
$
46,875
$
562,500
Total Expected Residential Revenue
Monthly Rent
Annual Rent
* A l l Re n t s a re p ro j e c te d d u e to va c a n cy
ESTIMATED EXPENSES R.E. Taxes
Actual Taxes (16/17)
$
45,629
Water/Sewer
($0.75 per SF)
$
3,750
Insurance
($1.00 per SF)
$
5,000
Fuel
($1.60 per SF)
$
8,000
Electric
($0.25 per SF)
$
1,250
($200 per month)
$
2,400
($1.00 per SF)
$
5,000
(3.0% of Income)
$
16,875
$
87,904
Super Repairs Management Total:
FINANCIAL OVERVIEW: Projected Gross Annual Income:
$
562,500
Less Estimated Expenses:
$
87,904
Projected Net Operating Income:
$
474,596
Asking Price: $11,500,000
FOR MORE INFORMATION, PLEASE CONTACT: John F. Ciraulo Vice Chairman 212 660 7700 [email protected]
Craig M. Waggner Director 212 660 7744 [email protected]
Douglas A. Blankrot Director of Sales (212) 589 5157 [email protected]
Cushman & Wakefield 275 Madison Avenue 3rd Floor New York, NY 10016 (212) 696 2500
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness 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 the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
