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- LoopNet Team
3966 10th Ave
New York, NY 10034
Land For Sale
·
0.23 ac
PROPERTY FACTS
| Property Type | Land | Total Plot Size | 0.23 ac |
| Property Subtype | Residential | No. Floors | 4 |
| Use Class | C4-4D - R8A Residential Equivalent | ||
| Property Type | Land |
| Property Subtype | Residential |
| Total Plot Size | 0.23 ac |
| No. Floors | 4 |
| Use Class | C4-4D - R8A Residential Equivalent |
DESCRIPTION
Goldenwood Property Advisors has been exclusively retained for the sale of a mixed use development opportunity located at 3966 10th Avenue, a southwest corner of West 212th Street and 10th Avenue in the Inwood section of Manhattan. The corner development site boasts close to 200’ of wrap-around frontage and totals 9,992 SF. The scarcity of sizable development sites in this area positions 3966 10th Avenue as a truly unique opportunity in one of New York City’s most vibrant residential submarkets. Located within a C4-4D zoning designation, the site allows for a maximum ZFA of 7.20 with the Mandatory Inclusionary Housing bonus, which equates to 71,942 total buildable square feet. Additionally, this area of Inwood is a designated Opportunity Zone. The Property can also benefit from the FRESH Program, allowing up to 20,000 additional residential square feet. The property is a prime opportunity for a developer to capitalize on the new re-zoning of Inwood. Transportation is also ideal, as the site is easily accessible to Midtown Manhattan, utilizing both the A and 1 subway lines, which are 2.5 blocks away.
PROPERTY TAXES
| Parcel Number | 2229-0025 | Improvements Assessment | £1,196,502 |
| Land Assessment | £100,886 | Total Assessment | £1,297,388 |
PROPERTY TAXES
