RESIDENTIAL DEVELOPMENT SITE
up to 55,000 BSF | 90 Ft of Frontage | Direct Access to R Subway Line
Vacant Land: Fully cleared vacant lot. No demolition or tenant relocation required
As-of-Right: Up to 35,000 buildable square feet
Air Rights: Approximately 20,000 additional BSF from the adjacent church property
City of Yes Benefits: Inner Transit Zone eliminates parking; bonus density available through UAP program
Direct Transit Access: R train entrance on the block; 35 min to Wall Street, 45 minutes to Midtown
Established Neighborhood: Strong schools, waterfront parks, and diverse retail corridors support consistent tenant demand
Auction Date: Wednesday, September 16, 2026 at 12:30 pm
Opening Bid for the Asset: $4,950,000
Opening Bid for the Asset + Air Rights: $6,475,000



RESIDENTIAL DEVELOPMENT SITE
up to 55,000 BSF | 90 Ft of Frontage | Direct Access to R Subway Line
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