539 W 148th St

Partial Vacancy: 50% of the units will be delivered vacant at closing
Owner-User Potential: Vacancies present opportunity for an owner user to either occupy a portion of the building or pursue a single family home conversion
Substantial Air Rights: The tax lot measures 25’ x 100’ in R6A zoning, allowing for expansion or disposition of additional 4,082 BSF of development rights
Architecturally Significant Block: The property sits on a desirable residential block surrounded by brownstone townhomes
Tax Protected: Classified tax class 2A, limiting real estate tax increases to a max of 8% per year or 30% over five years

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