Property Description for 453 Wales Ave
Douglas Elliman has been retained on an exclusive basis to arrange for the sale of a Mott Haven development site. 451-453 Wales Avenue is ideally situated two blocks north of the 6 subway at East 143rd Street and five blocks south of the 2 and 5 subway at Jackson Avenue. The location features a 25 minute commute to Grand Central Station and Midtown Manhattan. The site is approximately 7,500 square feet and features 75' of frontage along Wales Avenue. The property is a current auto repair shop and a townhouse, both to be delivered vacant at the time of closing. The site's location between two express subway stops allows developers the opportunity to construct a building in one of New York City's fastest emerging neighborhoods. The total buildable square footage equates to approximately 25,800 square feet of residential space.