27,670 Sq.Ft.
DEVELOPMENT SITE BUILDABLE TO 27,670 SQUARE FEET. 323 E 79, is a 27'-wide building with 8,080 SF on a 102'-deep lot, buildable to 27,670 SF for both residential and community facility uses in an R10A zoning district which permits base height of 125'-150' and total height of 210'. Based on a community facility footprint of 27' x 82' = 2,214 SF, the 27,670 buildable SF could be efficiently allocated on 12.5 floors which would fit easily within the maximum 150' base height. Based on a residential footprint of 27' x 72' = 1,944 SF, the 27,670 buildable SF could be efficiently allocated on 14.2 floors which could fit within the maximum 150' base height, but we would recommend construction of at least 1 penthouse level set back above the 150' building base. In fact, for residential use it might make sense to explore a design that features a 125' minimum base with a set-back tower rising up to the maximum 210' height allowed in the zone. 2700-5400 additional square feet with high ceilings can be built on 1-2 levels below ground. This property has the advantage of excellent light and open views as it sits on the north side of extra-wide E 79 with a sunny southern exposure. The property is close to the 6 and Q trains with access to Downtown, the Westside and Brooklyn.
Represented Seller
51 East 80th Street, Upper East Side, Manhattan, NY 10028
Represented Buyer
18 East 74th Street, Upper East Side, Manhattan, NY 10021
Represented Buyer
162 East 78th Street, New York, NY 10075