The townhouse between Second Avenue and Cooper Square is new to the market.
Here's a look at the listing from Halstead:
...the location couldn't be better for an end-user, investor, or developer looking for an opportunity in the heart of one of the most sought-after parts of the city. Located just a half block east of charming Cooper Square and less than 400' from 2nd Ave, the property is a perfect centerpiece to the vibrant neighborhood. With turn-of-the-century details on a shady section of the street, you'd be hard pressed to find a more quintessential downtown Manhattan property with substantial upside.
The 25' wide property consists of 5 units, 4 of which are free market and 1 of which is rent controlled. Two of the free market tenants have no lease. With a max FAR of 4, the property offers approximately 2,000 additional buildable SF. Unlock substantial upside via increased rents and/or additional rentable square footage, take advantage of this prime condo conversion opportunity, or convert to an incredible single family home.
Price: $5.7 million
No. 35 is the second townhouse on this block to hit the market this past week, joining No. 25.
2 comments:
How can a beautiful building and block like this one not be landmarked?
Because the LPC is useless, an utter joke.
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