| Location: |
On the North side of East 1st Street |
| |
between 1st Avenue and Avenue A |
| Block/Lot: |
429/43 |
| Lot Size: |
20' x 105' (Approx.) |
| Lot Area: |
2,100 sq. ft. (Approx.) |
| Stories: |
4 (Including Commercial Sub-Level) |
| Building
Size: Sub-Level to 3rd Fl: |
20' x 65' (Approx.) |
| Gross Sq. Footage: |
4,500 Sq. Ft. (Approx.) |
| Assessed Value: |
$122,461 (07/08) |
| Real Estate Taxes: |
$14,607 |
| Zoning: |
R7-2 (C2-5 Overlay) |
| FAR: |
3.44 Residential |
| Air Rights: |
5,100 Sq. Ft. (Approx.) |
| Historic Distric: |
No |
| Built: |
1900 |
|

New
York City. East Village Gem
Business/Restaurant/Retail/Developmental
Site.
Description:
118 East 1st Street is a 4-story decontroled (including Commercial)
mixed-use property with approximately 4,025 square feet of additional
air-rights. Upzoning in progress will guaranty additional 8,000
Sq. Ft. The three apartments are free market and are rented on
a month/month basis. The property is also surrounded by several
high-profile new development projects as well as some of the
East Village's most popular restaurants, bars, and recreation
options such as the world famous Katz's Deli.
The property can be delivered vacant. |