REAL ESTATE DEVELOPMENT OPPORTUNITY. THE PROPERTY WILL BE DELIVERED WITH APPROVED PLANS WITH THE DEPARTMENT OF BUILDING. Rental Building or Condominium Project plans by ISAAC & STERN ARCHITECTS. Vacant building, no existing tenants in place. The current annual taxes are $6,927.32 and class tax 2A will help keep the taxes low. *Please consult with your accountant Proposed plans call for a vertical and horizontal enlargement that will result in 5 Floors 10 apartments (9 studios & 1 PH 2 bedroom) Package Room, Laundry Room, Refuse Rom, Roof Proposed gross area= 6,493 SF Proposed Net RENTABLE / SELLABLE SF = 4,294 SF This is a very rare opportunity with a highly desirable unit mix and efficient layouts to create long-term value and income.
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