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298 East 2nd Street, #WAREHOUSE

Listing no longer available on CityRealty as of Apr 20, 2015

Pricing History

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Key Details

  • Listed: Sep 24, 2014
    Last Price Change: ($466,667) on Oct 9
    Days on Market: 0
    Building Type: Condominium
    Neighborhood: East Village (Manhattan)
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $37,775 ($2.64/ft2)
Note: the above is based on a down payment of 20% ($1,406,667), which is the minimum amount permitted by the building.

Description

This one story warehouse at 298 East 2nd Street sits atop a 25’ x 105.92’ parcel at the cross roads of the bustling East Village and Lower East Side neighborhoods. Block & Lot: 372 - 52. FAR: 5.4 - Zoning - R8A with 14,299 buildable square feet. Lot area square feet: 2,648 approx. This prime development site is across the street from Hamilton Fish Park and a branch of the New York City public library, offering unobstructed southern exposures.

A new development would enjoy sweeping views of downtown and midtown Manhattan, Williamsburg, LIC and more. With City plans in the works to completely rehabilitate the piers on the East River from Midtown to the Financial District as well as the new construction that is sweeping the neighborhood including The Essex Crossing makes this a promising opportunity. A short distance to the promenade, fields, courts and tracks of East River Park, lively restaurants and shops of both the East Village and the LES.

Tenants in place until Feb 28th, 2016. Seller’s offering 2% commission to buyer’s broker.

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About 298 East 2nd Street

Building Amenities

  • Attended Lobby
  • Post War
  • Central AC
  • Elevator
  • Mail Room
  • Rooftop Terrace
  • In-Unit Washer/Dryer
  • Bike Room
  • LEED Accreditation
  • Terraces / Balconies
  • Virtual Doorman

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