Invictus Property Advisors is pleased to annouce the closing of a vacant, corner 13,864 SF industrial building on a 31’ x 100’ lot in the R7-1 zoning district at 544 East 171st Street.
This property’s non-conforming use offers the buyer an opportunity for an as-of-right residential conversion, taking advantage of its prime corner location and high potential for adaptive reuse. The deal highlights the strong demand for vacant assets in emerging markets like Morrisania.
At Invictus, we craft tailored strategies to achieve exceptional results, whether through targeted marketing campaigns or broad exposure. Let’s discuss how we can unlock your asset’s full potential.
- 13,864
SF - R7-1
Zoning - Corner
Notes - $301
PPSF - $15,397
ANNUAL TAX BILL
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