Invictus

25,865
BSF
$136
Price/BSF
R7-2
Zoning
75'
Frontage

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INVESTMENT HIGHLIGHTS

INVICTUS Property Advisors is pleased to announce the sale of 306-310 West 142nd Street, located in the Hamilton Heights Neighborhood of West Harlem. The property is a residential development site located on the south side of West 142nd street between Edgecombe Avenue and Frederick Douglass Boulevard. With a lot area of 7,519 Sq. Ft. and FAR of 3.44, the property could support 25,856 Sq. Ft. as of right. Owners have received approval from DOB to build approximately 28,000 Sq. Ft. pursuant to a “Quality Housing” provision. The site has been improved by the current Owner with excavation work, concrete footings, foundation walls and steel installations. In addition, HPD has approved a 25-year tax exemption pursuant to the 421-a program upon payment of a $28,000 fee. The neighborhood surrounding the lot is home to the City College of New York, the Dance Theatre of Harlem, and is also within close proximity to a number of different parks, including Jackie Robinson Park and the recently built Riverbank State Park. The site is also within walking distance to the A, B, C and D subway lines on St. Nicholas Avenue and 145th Street.

Manhattan Development

INVESTMENT HIGHLIGHTS

exclusive agents

Josh Lipton, Esq.

Andrew Levine

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