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147-151 Grand St
New York, NY 10013
SOHO DEVELOPMENT SITE · Multifamily Property For Sale
·
8 Units
Investment Highlights
- Matthews Real Estate and Investment Services has been retained on an exclusive basis to arrange the sale of two contiguous lots
- The corner building, 158 Lafayette Street, is 100% vacant and requires extensive renovations. 147-149 Grand Street is comprised of 6 occupied units
- The combined lot area of the 2 properties is approximately ±7,165 SF which allows for a zoning floor area of approximately ±85,000 SF
- The corner development opportunity is comprised of 158 Lafayette Street (aka 151 Grand Street) and 147-149 Grand Street.
- The short term leases provide significant cash flow.
- Both properties are located in the Soho Cast Iron Historic District and Mandatory Inclusionary Housing district.
Property Facts
| No. Units | 8 | Lot Size | 0.07 AC |
| Property Type | Multifamily | Building Size | 7,165 SF |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 1920 |
| Building Class | C | ||
| Zoning | M1-5B, New York, (O9 - Light industrial with offices, hotels, and most retail uses permitted | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 7,165 SF |
| No. Stories | 5 |
| Year Built | 1920 |
| Zoning | M1-5B, New York, (O9 - Light industrial with offices, hotels, and most retail uses permitted |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Views
- Freezer
Site Amenities
- 24 Hour Access
- Recycling
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 600 - 650 |
Property Taxes
| Parcel Number | 0233-0015 | Improvements Assessment | $1,282,842 |
| Land Assessment | $99,520 | Total Assessment | $1,382,362 |
Property Taxes
Parcel Number
0233-0015
Land Assessment
$99,520
Improvements Assessment
$1,282,842
Total Assessment
$1,382,362
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