Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

I accept the confidentiality agreement I accept the confidentiality agreement

Key Facts

Building Area

Property Description

The Site can accommodate up to approximately 54,000 zonable square feet comprised of first floor commercial, as well as residential use. Zoning allows for additional density utilizing the inclusionary housing program which can be coupled with the new Affordable New York program providing substantial tax savings over a 35-year period. The East Village is one of the city’s most coveted downtown locations, and is at the crossroads of numerous transportation, entertainment and dining options. Located in one of the most desirable opportunity zones in the country, 304 East 4th Street presents a rare opportunity to build a boutique rental building on a prominent corner in a highly sought-after East Village location.

Investment Highlights

Holliday Fenogolio Fowler (HFF L.P.) has been exclusively retained to arrange the leasehold interest in 304 East 4th Street the (“Development” or “Site”) a 102’ x 120’, boutique corner residential development site located in the East Village neighborhood of Manhattan. The Site is located within an opportunity zone, a rarity for Manhattan, with only 15 qualified blocks in the entire East Village. The Development is at the confluence of numerous institutional development projects and will be the beneficiary of a robust rental market that continues to experience strong rent growth. The transformative Essex Crossing development site is located less than a 15-minute walk from the Site.
Last Updated Date: 22 Jul 2020
Steven Rutman
Steven Rutman
Director, Capital Markets
License details
NJ-1220994 PA-RS320021 NY-10401278083
Jeffrey Julien
Jeffrey Julien
Managing Director, Capital Markets
License details
NY-40JU1081538

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

Last Updated Date: 22 Jul 2020

The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

Please go to the below link for our commitment to compliance (Japanese only).

https://www.joneslanglasalle.co.jp/ja/compliance-with-laws-and-regulations-and-its-representation

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.