Development Property for Commercial Office, Hotel, Gallery and /or Residential Condominium This prime West Village property situated on 3 main streets (Washington, Leroy and Greenwich) between the heart of the West Village and Hudson River Park, presents a unique opportunity for an investor looking to establish a major presence in this highly sought after neighborhood. The West Village has benefited tremendously from the greater Hudson Square development renaissance in the last several years. The entire premises will be delivered vacant. This one-story building is the long time home of La Frieda Meats (which will relocate and continue to serve its clients). The property features 177'3" feet of frontage on Leroy Street and 50' feet on both sides of Washington and Greenwich Streets. The site, which lies in a split zoning, (M1-5/R7X), allows for a 45,000 square foot as-of-right for commercial office, hotel, gallery and/or condominium development. A majority of the site lies within the M1-5 zone which has a maximum height restriction of 125' (this zone will allow for a 10-story building). All interested potential buyers should consult with their own zoning experts. Washington Street serves as one of the anchor blocks for an area that has become the epicenter of contemporary residential living in New York City and perhaps the world. With literally hundreds of high-end boutiques, the largest and most successful in New York among them, commerce will continue to to gravitate to the large audience that can be reached in the West Village. This vibrant and gritty neighborhood is a fascinating mixture of industry, art and design, luring hip restaurants and high-end designer clothing stores, with luxury residential developers, such as Related with their sold-out Superior Ink building on West 12th Street. The extraordinary charm of the cobblestone streets, glass lanterns and turn of the century brownstones has enticed famed architects and artists alike to lend their cachet to
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