Building class: F5 (Factory-Light Manufacturing) Block/lot: 01708-0041 Lot dimensions: 25 feet X 100.92 feet Building dimensions: 25 feet X 97 feet Units: Present CO for One (1) Commercial Unit. Currently the property has DOB approved plans for mixed use (commercial on the ground level and basement and residential on the second and third floors) Three floor 2045 feet each plus basement, 2153 feet Interior: 8288 feet Exterior: 118 feet Max far: 3 Far as built: 2.88
418 is set on a favorite Manhattan enclave which boarders East River and its, Convenient to key highways and bridges and easily accessible via public transportation as there are few bus lines routing the area, the Metro North, and the 6 subway line on 116th Street and Lexington Avenue. The location will also benefit from the approved 116th street stop for the Second Avenue Subway. As for shops, amenities, famed and newly established restaurants, there are plenty. Like owner Pat from the uber local Love Café says: “this has always been like a real neighborhood!” Built in 1900 and evidenced by its alluring façade 418 East 115th Streets history tells that it began as a horse stable and in later years had utilizations for brewing and tile manufacturing. In today the vacant property hands over distinctive potential and opportunity in its transfer. Assume sundry uses, with alteration and/or conversion any transformation could yield an excellent asset. At present the structure holds a one unit commercial CO (three floors + basement). To a mixed use-opportunist this is an excellent prospect in terms of maximum ability. The property has DOB approved plans for this development (commercial on the ground level and basement and residential on the second and third floors) and as the property is zoned residential as of right making full inhabited use of the building is also a probability. The total measured space that is now built and bare is approximately 8,288 square feet. 6,135 sqft above grade with 11 to 13 feet ceilings plus a 2,153 sqft functional basement with eight to nine feet ceiling height. As preliminary renovations did begin you will find a new electrical system, including meters/upgraded power capacity and more, four bathrooms and two kitchens. Still intact is the original elevator shaft, skylight, windows, shutters and doors, enough of the earliest architectural details and lofty full floors, built 25 feet x 97 feet where on the upper levels you will be surrounded by sundry windows. In addition to its main entrance there is a loading dock and private curb cut at the building’s frontage. A petite rear and roof span right may add to its measure.
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