NOT LISTED FOR SALE
-- Bed
-- Bath
27,670 Sq Ft
-- Built

Last Sold November 20, 2017

Last sale price $12,750,000 $461 Per Sq Ft

212 Days on Market

About This Home

As of November 2017

DEVELOPMENT SITE BUILDABLE TO 27,670 SQUARE FEET. 323 E 79, is a 27'-wide building with 8,080 SF on a 102'-deep lot, buildable to 27,670 SF for both residential and community facility uses in an R10A zoning district which permits base height of 125'-150' and total height of 210'. Based on a community facility footprint of 27' x 82' = 2,214 SF, the 27,670 buildable SF could be efficiently allocated on 12.5 floors which would fit easily within the maximum 150' base height. Based on a residential footprint of 27' x 72' = 1,944 SF, the 27,670 buildable SF could be efficiently allocated on 14.2 floors which could fit within the maximum 150' base height, but we would recommend construction of at least 1 penthouse level set back above the 150' building base. In fact, for residential use it might make sense to explore a design that features a 125' minimum base with a set-back tower rising up to the maximum 210' height allowed in the zone. 2700-5400 additional square feet with high ceilings can be built on 1-2 levels below ground. This property has the advantage of excellent light and open views as it sits on the north side of extra-wide E 79 with a sunny southern exposure.The property is close to the 6 and Q trains with access to Downtown, the Westside and Brooklyn.

Co-Listed By

George Vanderploeg

Douglas Elliman Real Estate License #30VA0599615

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Home Design

Interior Spaces

  • 27,670 Sq Ft Home
  • 4-Story Property

Community Details

  • 2 Units
  • Upeast Subdivision

Listing and Financial Details

  • Tax Block 1542

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Cross Street: 2nd Ave
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: UPEAST
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Living Area: 27670.0
  • Living Area Units: Square Feet

Utilities

  • Heating: Building Natural Gas

Building Info

  • Units: 2
  • Total Stories: 4

Tax Info

  • Tax Block: 1542

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2017 11/20/17 Sold $12,750,000 -15.0% $461 / Sq Ft
10/21/2017 10/21/17 Pending -- -- --
03/22/2017 03/22/17 For Sale $15,000,000 -- $542 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10465334

Real Estate Board of New York (REBNY)

APN: 620100-01542-0013