20' Wide Property For Sale
20’ Wide Property For Sale 134 East 28th Street New York, NY 10016 Block / Lot:
883 / 64
Location:
South side of East 28th Street between Third and Lexington Avenues.
Lot Dimensions:
20’ x 74’
Lot Size:
1,480 SF (Approx)
Building Dimensions:
20’ x 43’ (Approx.)
Stories:
4
Building Square Footage:
3,440 (Approx.)
Zoning
C6-2A (R8A Equivalent)
F.A.R.:
6.02
Air-Rights:
5,470 (Approx.)
Assessment (11/12):
$286,560
R.E. Taxes (11/12):
$29,550 (Exempt)
Landmark Status:
None
Year Built:
1910 (Approx.) (Since Altered)
Property Description: 134 East 28th Street is a 20' wide, 4-story, approximately 3,440 square foot walk-up building located on the cusp of the popular Kips Bay/Murray Hill neighborhoods. The ground floor contains office space which is duplexed with the basement and has access to the well manicured rear garden. The parlor floor is a loft-like space, equipped with a kitchen and an outdoor patio. Floors three and four are partitioned into six bedrooms and two full bathrooms. The boiler has recently been upgraded and the first two floors are outfitted with wall mounted mini-split cooling systems. The property is situated within the C6-2A zoning district having an FAR of 6.02, yielding approximately 5,470 square feet of potential air rights. Public transportation is easily accessible with the 6 train entrance only one block away on Park Avenue South. All other amenities are readily available in the immediate vicinity. The property will be delivered vacant, representing an excellent opportunity for a user/investor.
Asking Price: $3,000,000 For further information, please contact Exclusive Agents:
John F. Ciraulo
Michael A. Azarian
Vice Chairman, Partner [email protected] 212-696-2500 x7700
Director of Sales [email protected] 212-696-2500 x7721
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
883 / 64
Location:
South side of East 28th Street between Third and Lexington Avenues.
Lot Dimensions:
20’ x 74’
Lot Size:
1,480 SF (Approx)
Building Dimensions:
20’ x 43’ (Approx.)
Stories:
4
Building Square Footage:
3,440 (Approx.)
Zoning
C6-2A (R8A Equivalent)
F.A.R.:
6.02
Air-Rights:
5,470 (Approx.)
Assessment (11/12):
$286,560
R.E. Taxes (11/12):
$29,550 (Exempt)
Landmark Status:
None
Year Built:
1910 (Approx.) (Since Altered)
Property Description: 134 East 28th Street is a 20' wide, 4-story, approximately 3,440 square foot walk-up building located on the cusp of the popular Kips Bay/Murray Hill neighborhoods. The ground floor contains office space which is duplexed with the basement and has access to the well manicured rear garden. The parlor floor is a loft-like space, equipped with a kitchen and an outdoor patio. Floors three and four are partitioned into six bedrooms and two full bathrooms. The boiler has recently been upgraded and the first two floors are outfitted with wall mounted mini-split cooling systems. The property is situated within the C6-2A zoning district having an FAR of 6.02, yielding approximately 5,470 square feet of potential air rights. Public transportation is easily accessible with the 6 train entrance only one block away on Park Avenue South. All other amenities are readily available in the immediate vicinity. The property will be delivered vacant, representing an excellent opportunity for a user/investor.
Asking Price: $3,000,000 For further information, please contact Exclusive Agents:
John F. Ciraulo
Michael A. Azarian
Vice Chairman, Partner [email protected] 212-696-2500 x7700
Director of Sales [email protected] 212-696-2500 x7721
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
