Williamsburg waterfront site asks $210M
Developers Isack and Abraham Rosenberg have put a Williamsburg waterfront site on the market for $210 million, the Wall Street Journal reported. The 3.75-acre site at 462-490 Kent Avenue, near South 11th Street, is zoned for 754 apartment units — 226 designated as affordable housing — and 29,000 square feet of retail space, according to the newspaper. Gabriel Saffioti and Nicole Rabinowitsch of Eastern Consolidated are the brokers.
Battery Park City rental tower on the market
A 324-unit rental apartment building at 22 River Terrace is now on the block and should bring in the range of $100 million for owner Rockrose Development, the Broadsheet Daily reported. Rockrose has signed on Cushman & Wakefield to help field offers for the 26-story tower. The property, built by Rockrose in 2001, could be converted into a condo, according to the publication.
Perry Street garage primed for condo conversion; no asking price set
A 40,000-square-foot West Village parking garage at 125 Perry Street that has hit the market could be converted into condominium homes. The West Village Housing Development Corporation, a co-operative organization, tapped Massey Knakal Realty Services to sell the four-story building; the brokerage isn’t setting an asking price in hopes of getting top dollar, but outside experts predict a sales price of $1,200 per buildable square foot, or just under $50 million. Condominiums in the neighborhood have been selling for more than $2,000 a square foot.
Hell’s Kitchen property has $48M price tag
A 20,083-square-foot parcel at 505-511 West 43rd Street is for sale with an asking price of $48 million, or $300 per buildable square foot, the New York Observer reported. The site, between 10th and 11th avenues above an active Amtrak rail line, can accommodate 190 residential units with 160,664 square feet of space. Because of the rail line, though, the site’s developer will have to obtain two special permits from the city. The HFF team of Andrew Scandalios, Jose Cruz, Jeffrey Julien, Rob Hinckley and Christopher Peck are handling the sale.
Vacant lot in Park Slope asking $20M
A Park Slope development site located at 11th Street and Fourth Avenue is on the block for $20 million. The 12,690-square-foot plot is being marketed by a team at brokerage TerraCRG led by Ofer Cohen. Zoning for the site allows for a mixed-use property of roughly 86,000 gross buildable square feet — 79,626 for residential use and the rest for commercial space and community facilities.
Asking price for Flushing parcel is $12.6M
A lot in Queens with 86,560 buildable square feet is for sale for $12.6 million, or $145 per buildable square foot. The site is at 131-10 through 131-32 Avery Avenue in Flushing, on a block that allows both commercial and residential uses. The property is located near Flushing Meadows Corona Park and the National Tennis Center. Marcus & Millichap’s Steven Siegel, Michael Kook and Michael Helpern are marketing the property on behalf of the seller.