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55 Pitt St

2,727 SF Retail Building New York, NY 10002 $2,900,000 ($1,063/SF)

Investment Highlights

  • 100FT Elevation Permitable
  • 12750 Total SF Air Rights
  • Near Many Shopping Stores
  • Located On Wide Street
  • Easy Access to Public Transaction
  • Within Walking Distant to House of Worship

Executive Summary

Price Reduction!!! Don't miss out on this Great Re-Development Site Opportunity. Has 100 ft elevation allowed, Located on a wide street in the Lower Eastside. Zone for Residential/ Commercial. site's size allows a developer to build numerous apartments with great sunlight and views. The site is on the same block as the River Ridge Condos and 206-210 Delancey Street which is a twelve-story luxury condo apartment building.
The property is close to all modes of transportation and fine retail stores on Delancey and Clinton Streets.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,727 SF
Building Class
C
Year Built
1915
Price
$2,900,000
Price Per SF
$1,063
Tenancy
Single
Building Height
1 Story
Building FAR
0.57
Land Acres
0.11 AC
Zoning
M1 - M1 - Light industrial with offices, hotels, and most retail uses permitted
Frontage
19 FT on Pitt St

Amenities

  • Bus Line
  • Metro/Subway
Walk Score ®
Walker's Paradise (99)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (97)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Key Food
Curves
Blue Bottle Coffee
Citizens Bank
Chase Bank
Shake Shack
Bareburger
Starbucks
Tim Hortons
Equinox

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0343-0066
Land Assessment
$98,100
Improvements Assessment
$160,020
Total Assessment
$258,120
  • Listing ID: 29412596

  • Date on Market: 8/31/2023

  • Last Updated:

  • Address: 55 Pitt St, New York, NY 10002

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