7614 4th Avenue

Investment Highlights:

- Vacant Land: Fully cleared vacant lot. No demolition or tenant relocation required

- As-of-Right: Up to 35,000 buildable square feet

- Air Rights: approximately 20,000 additional BSF from the adjacent church property

- City of Yes Benefits: Inner Transit Zone eliminates parking; bonus density available through UAP program

- Direct Transit Access: R train entrance on the block; 35 min to Wall Street, 45 minutes to Midtown

- Established Neighborhood: Strong schools, waterfront parks, and diverse retail corridors support consistent tenant demand

Auction Information:

BID DEADLINE: TUESDAY, MARCH 10TH BY 5:00 PM

AUCTION DATE: THURSDAY, MARCH 12TH AT 2:30 PM

Opening Bid: $6,300,000

(Sale Subject to Bankruptcy Court Approval)