
Seller Co-Listing Agent in 2017
George Vanderploeg
Douglas Elliman Real Estate
(917) 301-0158
1 in this area
17 Total Sales
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.
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 |
Seller Co-Listing Agent in 2017
George Vanderploeg
Douglas Elliman Real Estate
(917) 301-0158
1 in this area
17 Total Sales
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10465334
APN: 620100-01542-0013