Development Site Manhattan
Investment Highlights
NYC near the U.N dev site corner 2542sqFt lot with 30,500 buildable as of right with 45,000 buildable MIH. Can buy additional next door air rights (owner in prelim talks $50-100psft). Can build mixed use residential over commercial or condos with sellouts $70m range. Normal sale owner asking $17m negotiable
Location
📍 Manhattan
🔒 The exact address and location are confidential and are released only after you sign the NCNDA and the listing broker approves your request.
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Who finances deals like this
The lenders with the most recorded development site mortgages since 2021, from public ACRIS filings.
- Bcc Funding Crf LLC — 9 loans, typically $530K–$1.01M
- S3 Re 30-11 12TH Street Funding LLC — 4 loans, typically $405K–$8M
- G4 18267, LLC — 3 loans, typically $1.5M–$68.64M
- Pccp Lm Manager, LLC — 3 loans, typically $8.5M–$82.13M
- S3 Re 19 Clay St Funding LLC — 3 loans, typically $6.89M–$38.74M
Crezly connects borrowers and lenders. Crezly is not a loan broker, does not negotiate terms, and receives no compensation contingent on any loan closing.
Underwrite this deal
Pro-forma, debt sizing against real recorded NYC leverage, cash flow, IRR and a sensitivity grid. Free account — no card.
