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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