929-933 Broadway

> Massey Knakal Realty Services has been retained on an exclusive basis to arrange for the sale of 929-933 Broadway, a site consisting of 3 contiguous vacant buildings with almost 60' of frontage on the west side of Broadway between East 21st and East 22nd Streets. > The property is currently three (3) vacant 3-story buildings which are each accessible from the interior space. > Built in 1902 and suitable for renovation, this prime retail location will provide future retailers with an excellent venue to showcase their brands in the bustling Flatiron District. > The subject property falls under M1-5M zoning regulations and the facade is currently Landmarked within the Ladies' Mile Historic District. > Proposed plans call for a total above grade buildable square footage of approximately 17,092 square feet. > Proposed plans would restore the facade and enable the owner to divide the buildings into either three separate store fronts or to combine the properties for a larger retail tenant. > The current properties consist of approximately 9,364 square feet. > Proposed plans call for the excavation of a full basement, the extension of the ground through third floors to 4,362 square feet per floor, and the addition of a fourth floor with mezzanine space of 4,006 square feet. > Upon completion of the renovation the property would feature a total of 21,454 square feet of sellable retail space. > The owner would consider selling the properties individually. > In summation, we believe this offering represents a superb opportunity to rehabilitate the current site and capitalize on soaring retail rents in the neighborhood.