Shiraz Sanjana Acquires Mixed-Used Property In Windsor Terrace For $6M

The mixed-use property located at 1708, 1710 & 1712 10th Avenue in Windsor Terrace has been sold in a recent transaction. The property is zoned R5B and consists of a total area of 16,223 square feet, with a building square footage of 5,810. The sale price for this property was $6,000,000, resulting in a price per square foot of $1,032.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $6,000,000
• Market: Windsor Terrace
• Zoning: R5B

The buyer of the property is Shiraz Sanjana, and the sellers are DeSales Media Group and Trans Video Communications. The property has a floor area ratio (FAR) of 0.58 and falls under tax class 4.

The lot size is 10,017 square feet, with dimensions measuring 100.17 feet by 100 feet. A full demolition permit was issued on August 13, 2021, indicating potential redevelopment plans for the site.