1331 Park Place

Calling all contractors, investors, and developers. Bring your imagination to explore all the possibilities that this property offers. 1331 Park Place is undergoing a transformation from a 2-family to a 3-family home. Work that has been completed: COMPLETE: Plumbing in each of the units; Sprinkler system; Electrical infrastructure; Infrastructure for ceiling fixtures are all installed; HVAC is designed for mini-splits, infrastructure mostly done ; Windows are installed; Roof is sealed; Interior demolition done. Structural work complete and has an inspection sign off. Fixtures must be placed (plumbing that needs to happen is the new lines run from the street. The lines will need to be 3" supply lines to support the sprinkler system which is installed.) The current water main is a lead main that is actively leaking and will need to be replaced. Sprinklers: Would just need to be hooked into the system with a blowback compensator in line Electrical: (each unit has the box and breakers installed and the lines all run to the specific outlets. A few electrical runs still need to be done for the HVAC system (detailed below). Meters still need to be updated with ConEd and electrical panels in the basement still need to be finished.) Electrical ceiling fixtures have been purchased and are all on site. Infrastructure for ceiling fixtures are all installed. HVAC is designed for mini-splits. Runs for the rear of the house on all three levels still need to be finished (currently just stubbed out) and drain lines for the rear of the house need to be run. Electrical lines need to be run to all locations where the interior wall units will be mounted. 220v lines for the condensers on the roof still need to be run. No HVAC equipment is on site. None of the walls are insulated. Some sheetrock has already been installed. No utilities are on site. Windows Must be Done: Third floor, front of house: Sliding glass door for front balcony as well as sliding window for front bedroom. Basement: all three small windows in the basement on the front of the house need to be replaced. Roof bulkhead: window will need to be installed for FDNY compliance. Roof: The stair bulkhead will need to be wrapped again and sealed to be completed. Wall capping still needs to be completed, as well as finishing of party walls. 1329 Park Place chimney needs to be brought up to the level of the new roof. Front door will need to be installed and finished. ADA Chairlift will need to be installed All iron work needs to be done, i.e. stair guardrails, balcony and roof guardrails. Subway 7 minute walk away from Park Place. Cash and or private mortgage all acceptable. Lot size: 20’ x 100’. Annual Taxes: $4151. Will convey with approved plans for conversion from single- two-family to three family. (SERIOUS INQUIRIES ONLY)