Office Building - Mixed use canal street manhattan vacant property price drop office and retail

Published on September 19, 2022
Modified on September 19, 2022
Published by jazz
Viewed by 8 people
#1156
10500000.00 $US

Description of item

all vacant
taxes 108,120
first sale over 40 years
lower east chinatown canal street
elevator building
easy access to transportation

11,500 sf
vacant office property
built in 1910
freestanding
m1-5b zoned
FAR (Commercial) 5.0

FAR* (Residential) with affordable housing 10.0 Lot Size 2,620 Total Buildable SF 13,100 Total Buildable SF with Affordable 26,200 Minus Existing Structure 11,500 Available Air Rights 1,600
Air Rights with Affordable 14,700 Assessment: (21/22) (Tax Class 4) $1,005,300 Tax Rate: 10.755% Taxes: (21/22) $108,120 * Please consult your zoning attorney



$789,315 projected net rent

ground floor retail upper floors office -
retail is 1,920 sf
floor 2 -2,805 sf office
floor 3- 2,805 sf office
floor 4- 2,805 sf office
floor 5-2,805 sf office




Location

Country
United States
Region
New York
City
new york
Address
Canal Street