Development Site at 55 Pitt Street Listed by Highcap Group
$1,990,000
55 Pitt Street, New York, NY 10002
Property Description
Highcap Group is pleased to exclusively offer the property at 55 Pitt Street, New York, NY; one-story retail building delivered vacant as a development opportunity.
The property is located in the Lower East Side neighborhood of Manhattan.
This 2,118 square feet lot allows for up to 12,750 buildable square feet as of right, presenting a strong development potential.
Feel free to call Listing Agent:
Rodney Nassimian
(516) 424-7455
Property Details
Asset Type
Development Site
Zoning
R8A
Lot Size
2,118 SF
Neighborhood
Lower East Side
Submarket
New York
ZIP
10002
Listing Type
sale
Net Operating Income (NOI)
$0
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)
-$113,203
Cash-on-Cash Return
-22.75%
Monthly Debt Service
$9,434
Annual Debt Service
$113,203
View on Map
Address
55 Pitt Street
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New York Development Site Market Snapshot
Boundary boundary · Development Site · Sale
No investors found in this market.
