Investment Highlights

• 6-story, 52,000 SF residential redevelopment opportunity on the southeast corner of 7th Avenue and 44th Street
• Vacant since a 2019 fire, the structure was formerly made up of 54 residential units totaling 46,997 net SF and had condo sellouts north of $900/SF
• Developers have the opportunity to redevelop the 52,000 existing SF, or build a ground up 54,992 SF rental building with the UAP bonus
• In the heart of Sunset Park, directly across from the park and across the street from P.S. 169. One block from the prime retail corridor on 8th Avenue
• The 36th Street N/R train station & the 9th Ave D train station are both 0.5 miles away and provide access to Manhattan in under 30 minutes