75 Essex St, New York, NY 10002

Studio1 bath31,500 sqft

For Sale
$39,000,000
Est. Mortgage
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My Notes

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GREAT BONES AND ROOM TO DEVELOP!
Come and be part of the New Lower East Side and make your plans where the City plans to Grow!
Located in a PRIME Lower East Side neighborhood TEEMING WITH NEW DEVELOPMENT, 75 ESSEX is a FREESTANDING building located literally across the street from the FJMZ train lines and the FABULOUS ESSEX STREET MARKET-a real neighborhood destination for both tourists as well as seasoned New Yorkers.This is a true DESTINATION LOCATION on The Lower East Side and the building has endless opportunities whether it be a fabulous and UNIQUE CONDO CONVERSIONâ??akin to Nolitaâ??s Candle Building and other area condominium conversions in high demandâ??or for use as an Office Building, Museum, Hotel, Movie Theater or any other of numerous possibilities.The Building is currently configured as 12,464 sq ft. There are additional air rights to 31,776 sq ft. There are TWO freight elevators in the building that can easily be turned over for residential use. THERE IS ALSO PARKING LOT ON SITE! This is a RARE OPPORTUNITY to own a Pre War DETACHED Building NOT ONLY A CORNER PROPERTY, BUT A FREESTANDING CORNER PIECE WITH PARKING LOT! This is an opportunity that should not be missed. OWNER WILL HOLD MORTGAGE! (ask for details) call or text 504-710-6413 for additional details.
Please read on for Press on the new Seward Park Mixed Use Development Project. http://www.nycedc.com/project/seward-park-mixed-use-development-project Come and make plans where The City is making plans to grow!
Bond76375
 

What I love about the home

This property has GREAT BONES for someone with vision and creativity! They just do not make them like this anymore!
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Facts

  • Multi Family
  • Built in 1920
  • 388 days on Zillow
  • Views: 7,997 all time views
  • 8 shoppers saved this home
  • Price/sqft: $1,238
  • MLS #: 39616

Features

  • Parking: Carport
  • View: City

    Additional Features

    • Elevator, Subway, High Ceilings, Light, City View, Open View

    Construction

    • Unit count: 0

    Other

    • Floor size: 31,500 sqft
    • Zillow Home ID: 2127422641

    Zestimate Details

    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $6,447/mo
    -$1,508 Last 30 days
    $4.1K
    $13K
    Zestimate range

    Comparable Homes

    Homes like this sold for $275K-2.73M.

    $240K
    $2.76M

    Popularity on Zillow

    7,017 views since listing
    7,997 all-time (chart)
    8 shoppers saved
    this home to their list of favorites

    Mortgages

    Home Expenses

    Internet, phone and TV
    Home security
    Furniture
    Home Insurance

    Neighborhood

    Market guide

    Zillow predicts 10002 home values will rise 3.8% next year, compared to a 2% rise for New York as a whole. Among 10002 homes, this home is 4508.3% more expensive than the midpoint (median) home, and is priced 6.4% more per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In 10002, the number of foreclosures waiting to be sold is 87.5% lower than in New York, and 99% lower than the national average. This lower local number could help 10002 home values rise more quickly than other regions in New York.

    Learn more about forecast calculations or 10002 home values.
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      Nearby Schools in New York

      GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

      Data by GreatSchools.org