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Opportunity to build a single family home in the coveted South of Fifth (SoFi) neighborhood in close walking distance to Joe's, Milos, Carbone, Lucky Cat and the Atlantic Ocean. Adjacent similar home/concept/lot size at 819 2nd ST (4 story/3 beds/3 baths/2 half baths/4,215 SF) recently sold for $6mm in Dec 2021. Assuming build cost at $600 PSF on a similar concept plus full asking price nets a near $2mm unleveraged profit/equity. Zoning is RPS-2.
Address | Unit # | Price | %Chng | Bed/Bath | Square Feet | Square m2 | Maint/$ |
---|---|---|---|---|---|---|---|
809 2nd St | $1,695,000 | 4/4 | 0 | 0 | $0 | ||
1435 Lenox Ave | $1,699,000 | 4/3 | 1,573 | 146 | $0 | ||
0 South of Fifth | $1,900,000 | 4/3 | 0 | 0 | $0 | ||
1226 Lenox Ave | $2,250,000 | 7.14% | 4/4 | 2,226 | 207 | $0 | |
1300 Lenox Ave. | $2,500,000 | 4/2 | 2,005 | 186 | $0 | ||
1244 Michigan Ave | $3,795,000 | 5/4 | 3,295 | 306 | $0 | ||
912 4th St | $4,500,000 | 3/3 | 1,853 | 172 | $0 |
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