DEVELOPMENT RIGHTS 11 residential unit(s) in Yorkville

Naftali Group through 1461-1469 THIRD AVE OWNER LLC acquired development rights from 1459 THIRD AVENUE LLC valued at $9.3 million for 6 parcels, including the tax class miscellaneous (K9) and containing 11 residential units at 1459 3 Avenue, 1469 3 Avenue, 1467 3 Avenue, 1465 3 Avenue, 1463 3 Avenue, and others in Yorkville. The deal closed on June 28, 2019 and was recorded on July 11, 2019.
The property contains a total of 102,460 square feet of built space. The property has 68,650 square feet of available development rights.
The last time the property sold was October 22, 2014, for $10,250,000.

Over the past five years, there have been 4 NYC Department of Buildings permit applications filed for this parcel. There were 4 renovation/alteration projects (A2) applied for with a total estimated value of $931,400.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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