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453 W 162nd St
New York, NY 10032
Development Opportunity · Land For Sale · 0.05 AC

Investment Highlights

  • Development Opportunity located in Washington Heights.
  • Proposed plans for a twelve-unit elevator multifamily building consisting of eleven two-bedroom units and one one-bedroom apartment.
  • 9,224 square feet as of right buildable square feet.
  • Property is located in the opportunity zone.

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use Multifamily
Total Lot Size 0.05 AC
Zoning R7-2 - R7 Zoning is considered medium density residential. It is broken into 2 basic zoning districts R7-1 and R7-2. R7-2 has less parking requirements.

Description

The subject property is an exceptional vacant lot poised for redevelopment, ideally suited for residential purposes. With a generous 9,224 square feet of buildable space. The current ownership has advanced plans in the final stages of DOB approval for a twelve-unit elevator multifamily building. This development features eleven two-bedroom units and one one-bedroom apartment.

Property Taxes

Property Taxes

Parcel Number
2110-0057
Land Assessment
$141,750
Improvements Assessment
$0
Total Assessment
$141,750
  • Listing ID: 32501060

  • Date on Market: 7/18/2024

  • Last Updated:

  • Address: 453 W 162nd St, New York, NY 10032

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