220 South Street is a property in Manhattan (BBL 1-250-1), classified as industrial & manufacturing, built in 1927, owned by SM I MMS, L.L.C. Crezly estimates about $165.1M in outstanding mortgage debt secured against it. The building has about 274,752 square feet across 2 units. It last recorded a sale of $254M on 2021-12-29.
| Land use | Industrial & manufacturing |
|---|---|
| Building class | E7 |
| Zoning district | M1-6 |
| Year built | 1927 (altered 1988) |
| Floors | 6 |
| Total units | 2 |
| Building area | 274,752 sqft |
| Lot area | 67,870 sqft |
| Built FAR | 4.05 of 10.00 max |
| Assessed value | $25.93M |
This lot appears to carry roughly 403,827 sqft of unused development rights (the gap between its built and maximum FAR). What is FAR?
The recorded owner is SM I MMS, L.L.C — see their full NYC portfolio and estimated debt. Crezly estimates about $165.1M in outstanding mortgage debt secured against this property.
This building is in Lower East Side & Chinatown, Manhattan. See the neighborhood's recent sales, median prices and top owners.