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The subject property is a block-through residential development site located on the north side of West 37th street between Ninth Avenue and Tenth Avenue. The site comes with a foundation in place and approved plans for an approximate 100,000 square foot luxury residential building. Current plans call for approximately 7,500 square feet of retail space on the ground floor and 98 residential units above. The building is ready to go vertical as approximately $4,000,000 in hard costs and approximately $5,500,000 in soft costs have already been spent constructing the foundation and lower levels. Additionally, the property comes with 421-A certificates in place. The prospective purchaser will be able to recognize the full benefit since the foundation was in place prior to June 2008.

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Neighborhoods: Hudson Yards