Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Building Area

Property Description

The Site can accommodate up to approximately 54,000 zonable square feet comprised of first floor commercial, as well as residential use. Zoning allows for additional density utilizing the inclusionary housing program which can be coupled with the new Affordable New York program providing substantial tax savings over a 35-year period. The East Village is one of the city’s most coveted downtown locations, and is at the crossroads of numerous transportation, entertainment and dining options. Located in one of the most desirable opportunity zones in the country, 304 East 4th Street presents a rare opportunity to build a boutique rental building on a prominent corner in a highly sought-after East Village location.

Investment Highlights

Holliday Fenogolio Fowler (HFF L.P.) has been exclusively retained to arrange the leasehold interest in 304 East 4th Street the (“Development” or “Site”) a 102’ x 120’, boutique corner residential development site located in the East Village neighborhood of Manhattan. The Site is located within an opportunity zone, a rarity for Manhattan, with only 15 qualified blocks in the entire East Village. The Development is at the confluence of numerous institutional development projects and will be the beneficiary of a robust rental market that continues to experience strong rent growth. The transformative Essex Crossing development site is located less than a 15-minute walk from the Site.
Last Updated Date: 22 Jul 2020
Steven Rutman
Steven Rutman
Director, Capital Markets
License details
NJ-1220994 PA-RS320021 NY-10401278083
Jeffrey Julien
Jeffrey Julien
Managing Director, Capital Markets
License details
NY-40JU1081538

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Last Updated Date: 22 Jul 2020

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