[Image via Massey Knakal]
There's a new listing for 253 E. Seventh St., a townhouse between Avenue C and Avenue D.
Let's check out the listing over at Massey Knakal:
The subject property is a 4-story vacant townhouse located on the north side of East 7th Street, between Avenues C & D. There are 4 floor-through units including a garden and parlor floor. The building is in an R8B zone with a residential FAR of 4.0 which would allow for a total buildable square footage of approximately 9,312 SF. The existing building is approximately 3,860 SF with an additional 5,451 SF of available air-rights. Therefore, the buyer could keep the existing structure and add floor area. Alternatively, the buyer could demolish the existing and structure and build a new ground-up development.
Whatever the option, this address will likely get much taller in the future.
Asking price: $4.25 million.