Property Description for 306 East 15th Street
> A 22.08' wide, 5 story, approximately 7,425 square foot townhouse delivered vacant and positioned for a renovation.
> The
property consists of an office on the ground floor and two apartments per floor with 1-bedroom units in the front and 3-
bedroom units in the rear.
> It offers permanent natural northern light and air with tremendous views of Stuyvesant Square Park.
The property benefits from soaring ceiling heights throughout and original detail.
> There are approximately 8,656 square feet of
unused air rights given the split zoning designation between R8A and C1-6A (R7A Equivalent).
> Also, the property lies in the
Stuyvesant Square Historic District as well as the Transit Land Use Special District (TA) which relates to the future
development of the Second Avenue Subway line.
> With restoration, this property would serve as an ideal investment as a
single family conversion or a boutique condominium development.