ABS Partners sold off a development site at 353 and 355-357 Broadway, between Leonard and Franklin streets.
Alan Cohen and Adam Maxson of ABS handled the sale of the property, which had been family-owned for decades. The transaction includes air rights from 359 Broadway, which the family is keeping.
The lots on Broadway total 10,956 square feet. The price came down to $550 for each of the property’s 132,780 buildable square feet.
There is a 210-foot height limitation on the site. [NYP] – Claire Moses