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115 Division St
New York, NY 10002
115 Division Street · Multifamily Property For Sale · 10 Units

Property Facts

No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.03 AC
Building Size 7,535 SF
No. Stories 5
Year Built 1900
Zoning C6-2 - C6 is a general central zoning district with generally large buildings having retail, department stores, large offices, hotels, and residential uses.

About 115 DIVISION ST , NEW YORK, NY 10002

Green Pond Real Estate has been retained by ownership and is pleased to present as exclusive agent the sale of 115 Division Street (the property ), a +/- 7,150 square foot, five (5) story walk-up building located in Lower Manhattan. The property is located on the south side of Division Street between Pike and Canal Street. The building is convenient to Manhattan Bridge, FDR, and mass transit. The property features +/- 25 feet of frontage on Division Street and is built +/- 63.75 (Irr.) deep lot. The parcel lies in a C6-2zoning district, which permits maximum commercial FAR of 6.0 and a max residential FAR of 6.02. According to our calculations, the existing mixed-use building is currently under built by approximately 2,500 square feet (buyers recommended to verify use of unused air rights with architect or zoning consultant). The offering presents user-purchases or investors with the opportunity to acquire a well-maintained mixed use building, which will be delivered with one apartment vacant. The building offers additional upside in expiring leases and the potential to add additional floors. Chinatown - Lower Manhattan SOUTH SIDE OF DIVISION STREET BETWEEN PIKE AND CANAL STREETS

Property Taxes

Property Taxes

Parcel Number
0283-0091
Land Assessment
$53,241
Improvements Assessment
$376,825
Total Assessment
$430,066
  • Listing ID: 4522177

  • Date on Market: 10/4/2016

  • Last Updated:

  • Address: 115 Division St, New York, NY 10002

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