68-70 COOPER STREET, NEW YORK, NY 10034 50’ Wide, 20,000 BSF Residential Development Site | FOR SALE
Proposed Rendering
West 207 10’
10’
10’
th 10’ Seaman Avenue Street 10’
Rock 10’ West 204
100’
th Street 24’ Cooper Street 28’ 50’
Lobby entrance on Cooper Street
20,000 50' R7-A (4.00) INWOOD Buildable SF Frontage along Cooper Street Zoning (FAR) Location
PROPERTY INFORMATION PROPERTY DESCRIPTION Block / Lot 2240 / 27 Ariel Property Advisors presents 68-70 Cooper Street, a unique 50’ wide Lot Dimensions 50' x 100' residential development opportunity located in the up-and-coming neighborhood of Inwood. Lot Size 5,000 Sq. Ft. (Approx.) Zoning R7A Located on the west side of Cooper Street between 204th Street and 207th Street, the site is zoned R7-A (4.00) which provides approximately 20,000 buildable FAR 4.00 square feet (as-of-right) for future development. The site currently contains Buildable Area 20,000 Sq. Ft. (Approx.) bedrock, of which approximately 700 square feet of removal is required to undertake a development project. Assesment (18/19) $109,136 Inwood recently underwent a major rezoning, which encompasses 59 blocks Real Estate Taxes (18/19) $11,475 and is expected to stimulate the local economy and aims to bring approximately 5,000 new housing units. Several new development projects are already in the pipeline, including Maddd Equities’ 600,000 square foot, 614-unit mixed-use development at 3875 9th Avenue. The property’s coveted location provides HIGHLIGHTS tenants easy access to downtown and outer-borough locations via the A subway train just 1 block away at 207th Street and Broadway as well as the 1 subway train at 207th Street and 10th Avenue. • Future proposed development of 85’ in height will have incredible views from front and top floors. Broadway and 207th Street serve as considerable retail thoroughfares with a Dunkin’ Donuts, Chase Bank, UPS Store, CVS, Planet Fitness, along with various • One block from major thoroughfares at Broadway and 207th Street. other local establishment and restaurants that add to Inwood’s congenial neighborhood composition. Furthermore, the property is within steps of Inwood • Steps away from the A subway train at Broadway and 207th Street. Hill Park, Isham Park, a short walk from Fort Tryon Park, and is near institutions • Recently rezoned to stimulate area-goal 5,000 new housing units such as Columbia University’s Baker Athletic Complex, New York-Presbyterian Allen Hospital, and the New York Public Library of Inwood. • Close proximity to Columbia University’s Baker Athletic Complex, The Met Cloisters, Inwood Hill Park, and Isham Park With a prime location in the recently rezoned neighborhood of Inwood, 68-70 Cooper street provides developers and investors with a truly unique opportunity • 5 projects planned in direct vicinity including 614 Unit Building at 3875 9th Ave. to create an exceptional residential building.
$3,100,000 $155 212.544.9500 Asking Price $/BSF arielpa.nyc
For More Information Please Contact Our Exclusive Sales Agents at 212.544.9500 I arielpa.nyc For Financing Info
Shimon Shkury x11 Victor Sozio x12 Orry Michael x88 Matthew L. Gillis x42 John Higgins x58 Eli Weisblum x41 [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. 3 May 2019 12:38 am 68-70 COOPER STREET, NEW YORK, NY 10034 50’ Wide, 20,000 BSF Residential Development Site | FOR SALE
West side of Cooper Street between 204th Street and 207th Street N S
Seaman Avenue Street Street th th
Bx7 to West 207 West West 204 West Riverdale/ 1 263 St via BRIDGE BROADWAY Riverdale Av Bx20 to Cooper Street
HENRY HUDSON BRIDGE 9 AV Riverdale/ 246 St via BAKER Henry Hudson Pkwy 2240 27 50’ X 100’ 5,000 INWOOD HILL FIELD Block Lot Lot Dimensions Lot Area SF NATURE CENTRE
W 215 ST 1 ALK PARK TERR WEST INWOOD HILL TE W CT Super Markets INU 1 PARK M ISHAM 10 0 M 1 PARK I N U 2 Rite Aid T E ISHAM ST Subject Property W
6 A K AV TENTH L Dyckman Farmhouse L 3 5 K A
A W
E
T
The Met Cloisters 1
4 W 207 ST
U
UNIVERSITY
3 2
N
I
207 St
1 HEIGHTS
M 7
0 1 0
5 US Social Secruity Administration M
1 BRIDGE W 204 ST
I
N
COOPER ST
U
T
E
Inwood Little League
6
8
A
K
L L
K
A
SEAMAN AVE
W DYCKMAN ST
E
9 Bx12 to Bay Plaza
T
U
N
I
Inwood Bar and Grill
1
M 7 0 ACADEMY ST VERMILYEA AVE SHERMAN AVE via Fordham Rd. and A BROADWAY Pelham Pkwy 8 Beans and Vines THE 10 (To Orchard Beach summers only) 9 Inwood Library CLOISTERN DYCKMAN ST MUSEUM 10 Planet Fitness 4 W 201 ST INWOOD 1
ELLWOOD ST $3,100,000 $155 RIVER SIDE DRIVE 212.544.9500 Asking Price $/BSF arielpa.nyc
For More Information Please Contact Our Exclusive Sales Agents at 212.544.9500 I arielpa.nyc For FinancingPETER Info JAY SHARP FORT BOATHOUSE Shimon Shkury x11 Victor Sozio x12 Orry Michael x88 Matthew L. Gillis x42 John Higgins x58 Eli Weisblum x41 TRYON HILLSIDE AV [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.1 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 verifyW 191 each STitem of income, and all other informationFORT GERGEAV contained herein. 3 May 2019 12:38 am
A W 190 ST HENRY HUDSON PARKWAY W 190 ST
OVERLOOK TERRACE
FORT WASHINGTON AV W 186 ST BENNETT AV
YESHIVA RIVER HARLEM UNIVERSITY
CABRINI BLVD BROADWAY
1 181 ST
WADSWORTH AV WADSWORTH WASHINGTON A W 181 ST BRIDGE W 180 ST
W 179 ST
W 178 ST Bx3 Riverdale FORT W 179 ST 238 St - Bway W 178 ST W 177 ST WASHINGTON GRORGE WASHINGTON Bx11 to West PARK BRIDGE BUS STATION Farm Rd via 170 St Bx13 to Yankee W 175 ST Stadium via A HIGHBRIDGE Odgen Av WASHINGTON PARK Bx35 to West GEORGE WASHINGTON BRIDGELITTLE RED Farms Rd via 167 St
LIGHTHOUSE AV AUDUBON
BROADWAY Bx36 to Olmstead HEIGHTS Av/Randall Av
HARLEM RIVER DR
AMSTERDAM AV AMSTERDAM HAVEN AV
ST NICHOLAS AV NICHOLAS ST via 180 St
RIVERSIDE DR 1 A C W 168 ST Washington hts 168 St
FORT WASHINGTON AV W 166 ST
W 165 ST
MORRIS-JUMEL W 163 ST MANSION C 168 ST Amsterdam Av
RIVERSIDE DR
HARLEM RIVER DRIVE
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ST NICHOLAS AV JACKIE ROBINSON HARLEM RIVER DR PARK Harlem 148 St W 150 ST W 150 ST
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RIVERSIDE E 124 ST STUDIO PALADINO AV BROADWAY MUSEUM MARCUS RANDALL’S
GRANT’S AV CLARENONT W 122 ST IN HARLEM GARVEY TOMB PARK ISLAND
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AMSTERDAM AV AMSTERDAM W 116 ST E 116 ST W 116 ST 1 AV LEXINGTON 116 St MORNINGSIDE Columbia PARK W 116 ST A
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W 113 ST JEFFERSON CATHEDRAL W 112 ST E 112 ST PARK Cathedral Central Park Cathedral OF ST JOHN North (110 St) Pkwy (110 St) Pkwy (110 St)
2 3 THE DIVINE DR MORNINGSIDE 1 B C E 110 ST E 110 ST 6 WARD’S CENTRAL PARKDANA DISCOVERY 110 ST
BROADWAY CENTRAL ISLAND NORTH HARLEM RIVERSIDE MEER DUKE ELINGTON BLVD W 106 ST LASKER E 106 ST E 106 ST PARK Q Т RINK E 105 ST
W 105 ST EL MUSEO DEL FDR DRIVE FDR W 104 ST BARRIO E 104 ST MUSEUM OF THE 6 ROBERT F. KENNEDY BRIDGE W 103 ST 1 W 103 ST B C 103 ST 103 ST 103 ST CITY OF NEW YORK E 102 ST
RIVERSIDE DR RIVERSIDE W 101 ST NORTH E 100 ST W 100 ST MEADOW M60 LaGuardia 5 AV 5 Airport
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W 96 ST CENTRAL PARK E 96 ST E 96 ST 96 ST B C Q Т 1 2 96 ST 6 96 ST 3 E 94 ST
JEWISH MUSEUM E 92 ST
BROADWAY 1 AV 1 RESERVOIR AV 2 E 91 ST W 91 ST AV 3
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AMSTERDAM AV AMSTERDAM Columbus E 59 ST WESTEND AV WESTEND UNIVERSITY COLUMBUS Circle 59 St CIRCLE Q101 to Astoria W 58 ST 4 5 Q N F 19 Av - Hazen St JOHN JAY 6 E 57 ST E 57 ST W 57 ST COLLEGE W 57 ST R W 57 ST CARNEGIE HALL SUTTON HUDSON E 55 ST RIVER Lexington PARK B D MUSEUM OF Av / 53 St PLACE W 54 ST E M E MODERN ART AV PARK DE WITT AV 7 W 53 ST E 53 ST E 53 ST CLINTON W 53 ST E M E M PARK AV 8 5 Av / 53 St 6 51 St PIER 92 MIDTOWN C E 1 RADIO CITY E 50 ST PIER 90 W 50 ST W 50 ST CLINTON E 49 ST PASSENGER SHIP W 49 ST W 49 ST TERMINAL 49 St N Q B D ROCKEFELLER TURTLE E 48 ST
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FERRIES TO: ELLIS ISLAND, PIER 5 STATUE OF LIBERTY FERRIES TO STATEN ISLAND (ST. GEORGE)