Showing posts with label 428 E. 13th St.. Show all posts
Showing posts with label 428 E. 13th St.. Show all posts

Thursday, May 24, 2018

On the sales market: 428 E. 13th St. (plus air rights)



Over on 13th Street, No. 428, a 4-story walkup between Avenue A and First Avenue, arrived on the sales market this week.

The listing at Streeteasy ominously notes: "Will be delivered vacant. Single-family conversion."

Broker Marcus & Millichap has more details, such as there are "2,800 remaining developable square feet."

The building, under the same ownership since 1973, currently features three apartments, one commercial space, one art studio and an unrenovated rear building. The art studio apparently connects the front and rear buildings.

No. 428 is near several new high-end developments, including the Thirteen East + West condoplexes a few doors away and Benenson Capital's 432-438 East 14th St. at the site of the former Peter Stuyvesant Post Office.

And the asking price: $9.75 million.