Showing posts with label one-level structures are extinct. Show all posts
Showing posts with label one-level structures are extinct. Show all posts

Wednesday, July 29, 2009

Former auto body shop REALLY ready for development

One-story structures seem to be a rarity in the East Village these days, which I wrote back in the fall. Take, for instance, 424 E. 10th St. between Avenue C and Avenue D. Sam's Auto Body Shop moved away awhile ago, I thought, and the building was put up for sale. Perhaps another mechanic can open shop? Ha!



I thought this was already a done deal. Another condo rising. Didn't think much more of this until...the property popped up on Trulia on Monday... According to the listing at Massey Knakal:

East Village residential development opportunity, with a curb cut. Currently a vacant, one story garage on East 10th street between C and D. This site has plans for a seven story, 18 unit, residential building, w/ a total of 16,793 gross SF above grade which includes a 3,679 SF parking garage. Prior to the June 30th 421-a deadline, the plans were submitted to DOB enabling the full property tax exemption benefits. Another option is to file an ?alt plan? and develop the property to custom specifications while still maintaining the 421-a tax benefits. This is a unique project for a developer or user and is ready to go.


So I stopped by 424 E. 10th St. for an updated photo. And what did I find there?



Oh, a seven-story residential building. Shh! Let's keep it our secret!