534 EAST 5TH STREET, NEW YORK, NY 10009 19.33’ Wide East Village Development Site | FOR SALE

PROPERTY INFORMATION

Block / Lot 400 / 23

Lot Dimensions 19.33' x 96.17'

Lot Size 1,859 Sq. Ft. (Approx.)

Zoning R7B

FAR 3.00

East 5th Street Buildable Area 5,577 Sq. Ft. (Approx.)

Tax Class 4 Avenue Avenue Assessment (21/22) $231,560 East

Real Estate Taxes (21/22) $24,763

5,577 19.33' R7B EAST VILLAGE Buildable SF Lot Width Zoning Location

PROPERTY DESCRIPTION

Ariel Property Advisors has been retained on an exclusive basis to arrange the sale to the East Village because of its proximity to both the Midtown and Downtown of 534 East 5th Street, a rare boutique development site located on the south side office districts, an abundance of transportation options, and its vibrant of East 5th Street between Avenue A and Avenue B in Manhattan’s East Village. entertainment & cultural amenities. The property is a short walk to Tompkins Currently a vacant lot, 534 East 5th Street’s R7B zoning provides the opportunity Square Park and The East River Park and is further enhanced by a host of trendy to develop a unique residential property in the heart of one of Manhattan’s most restaurants, bars, performance spaces and art galleries nearby. Convenient dynamic live-work-play neighborhoods. transportation is provided by the F/M train at 2nd Avenue, the L train at and and the 6 train at . INVESTMENT HIGHLIGHTS Offering a location in a dynamic Manhattan neighborhood, 534 East 5th Street • Residential Zoning: The subject property’s R7B zoning provides for a 3.00 represents a prime boutique development opportunity for owner-users and residential FAR, allowing a total of 5,577 buildable square feet, as-of-right, for a developers. For more information on this opportunity, please contact the one-of-a-kind 1-2 family townhouse or condominium project. exclusive sales agents listed below.

• Prime East Village Location: 534 East 5th Street is ideally located in one of Manhattan’s most highly sought after residential neighborhoods. Residents flock

ASKING PRICE: $2,750,000 212.544.9500 arielpa.nyc

For More Information Please Contact Our Exclusive Sales Agents at 212.544.9500 I arielpa.nyc For Financing Info

Victor Sozio x12 Michael A. Tortorici x13 Jack Moran x60 Howard Raber, Esq. x23 Matthew L. Gillis x42 Ahron Sussman x18 [email protected] [email protected] [email protected] [email protected] [email protected] [email protected]

The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee the accuracy of any information provided herein. As an example, all zoning information, buildable footage estimates and indicated uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example, and does not necessarily relate to actual vacancy, if any. The value of this prospective investment is dependent upon these estimates and assumptions made below, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. The prospective buyer should carefully verify each item of income, and all other information contained herein. 28 June 2021 2:56 pm 534 EAST 5TH STREET, NEW YORK, NY 10009 19.33’ Wide East Village Development Site | FOR SALE

th N South side of East 5 Street between Avenue A and Avenue B S

East 5th Street Avenue A Avenue Avenue B Avenue

E 21 ST E 21 ST

E 20 ST E 20 ST SOUTH EAST 20 ST East 4th Street E 19 ST E 19 ST

PARK AVE S E 18 ST E 18 ST

THIRD AVE FDR D RIV E

E 17 ST IRVING PLACE E 17 ST

FIFTH AVE 400 23 19.33’ X 96.17’ 1,859 FIRST AVE E 16 ST E 16 ST EAST 16 ST Block Lot Lot Dimensions Union Lot Area SF

UNION SQ EAST

AVENUE C Square RUTHERFORD PL

E 15 ST E 15 ST NATHAN D PERLMAN PL EAST 15 ST UNION SQ WEST Park 14 St– Union Sq E 14 ST E 14 ST EAST 14 ST EAST 14 ST 3 2

1 11 The WaylandE 13 ST E 13 ST EAST 13 ST EAST 13 ST

FIRST AVE

FIFTH AVE E 12 ST E 12 ST SECOND AVE EAST 12 ST 2 Target 12 Associated Supermarkets

BROADWAY FOURTH AVE

THIRD AVE E 11 ST E 11 ST E 11 ST EAST 11 ST

UNIVERSITY PL

AVENUE A 9 10

3 Trader Joe’s 13 Alphabet Grocery AVENUE B E 10 ST E 10 ST E 10 ST EAST 10 ST EAST 10 ST STUYVESANT ST Tompkins E 9 ST E 9 ST EAST 9 ST 4 Key Food Supermarket 14 Earth School Square 11 8 Park E 8 ST ST MARKS PL ST MARKS PL EAST 8 ST FOURTH AVE 12 1 5 Blink Fitness 15 New Amsterdam School ASTOR PL 7 E 7 ST EAST 7 ST EAST 7 ST GREENE ST MERCER ST WASHINGTON SQ N UNIVERSITY PL WAVERLY PL 6 5 13 AVENUE C 6 Miss Lily’s 7A Cafe 16 EquinoxWashington E 6 ST LITTLE INDIA RESTAURANT ROW EAST 6 ST EAST 6 ST WASHINGTON PL 14 Square Subject Property Park E 5 ST EAST 5 ST EAST 5 ST

LAFAYETTE ST

WASHINGTON SQ S 15 AVENUE D 7 Yuca Bar 17 Katz’s DelicatessenWEST 4 ST E 4 ST EAST 4 ST EAST 4 ST

BOWERY 4 WEST 3 ST 8 Starbucks 18 Russ & Daughters E 3 ST EAST 3 ST EAST 3 ST

AVENUE A

BROADWAY AVENUE B BOND ST EAST 2 ST E 2 ST SECOND AVE

FIRST AVE LA GUARDIA PL

9 Tompkins Square Bagels 19 Whole Foods MarketBLEECKER ST THOMPSON ST E 1 ST EAST 1 ST EAST HOUSTON ST

ATTORNEY ST 18 16 17 RIDGE ST

10 Gnocco MERCER ST EAST HOUSTON ST 19 WEST HOUSTON ST PITT ST

ELIZABETH ST STANTON ST CLINTON ST

MOTT ST NORFOLK ST SUFFOLK ST LUDLOW ST ORCHARD ST STANTON ST ESSEX ST FORSYTH ST ELDRIDGE ST ALLEN ST STANTON STCHRYSTIE ST

LAFAYETTE ST PRINCE ST CROSBY ST 212.544.9500RIVINGTON ST

ASKING PRICE: $2,750,000 Prince St ATTORNEY ST PRINCE ST MULBERRY ST arielpa.nyc DELANCEY ST

Delancey St WILLIAMSBURG BRIDGE For More Information Please Contact Our ExclusiveWOOSTER ST GREENE ST Sales Agents at 212.544.9500 I arielpa.nyc For Financing Info

WEST BROADWAY SPRING ST SPRING ST Spring St DELANCEY ST PITT ST Essex St Victor Sozio x12 Michael A. Tortorici x13 JackMERCER ST Moran x60 Howard Raber, Esq. x23 Matthew L. Gillis x42 Ahron Sussman x18

CLEVELAND PL DELANCEY ST KENMARE ST BROOME ST [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] ST Bowery

BROOME ST BROADWAY FORSYTH ST BROOMEELDRIDGE ST BROOME ST Grand MOTT ST GRAND ST St The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee the accuracy of any information provided herein. As an example, all zoning information, EAST BROADWAY CROSBY ST

buildable footage estimates and indicated uses must be independently verified.GRAND Vacancy ST factors used herein are an arbitrary percentageLAFAYETTE ST used only as an example, and does not necessarily relate to actual vacancy, if any. The value of this prospective investment is dependent upon these estimates HENRY ST and assumptions made below, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate.GRAND The ST prospective buyer should carefully verify each item of income, and all other information contained herein. 28 June 2021 2:56 pm