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Note
AUCTION: BANKRUPTCY SALE – Qualifying Bid Deadline: June 29
Listing was updated at: 10/24/2018
Property Overview
Price/Rent PSF Inquire
Asset Type Land
Trade Type Sale
Acres Available 0.14
Date Available 10/22/2018
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Description

Location
Situated upon a bluff, in the upper Manhattan area, lays Hudson Heights highlighting the best parts of New York living with plentiful green spaces, Hudson River views and convenient access to city transportation. This property is only a two-block walk southeast to the 181st Street A Subway station, providing convenient access to all of New York City, while the George Washington Bridge is just 0.40 miles away. Less than half a mile northeast of the property is Fort Tryon Park, one of the most noteworthy parks in the area with: a popular dog run, the largest in Manhattan; Heather Garden, the city’s largest garden with unrestricted public access; the Cloisters, a branch of the Metropolitan Museum of Art; and famed New Leaf restaurant. The site is also surrounded by various trendy cafes, boutiques, and restaurants such as Café Buunni, Frank’s Market, Le Cheile, Saggio, and Monkey Room. Neighborhood schools include the City College Academy of the Arts and Public School 187, which is only 800 feet from the subject property.

Sale
QUALIFYING BIDS DUE THIS FRIDAY JUNE 29, 2018!

REVIEW THE BID PROCEDURES LOCATED IN OUR DOCUMENTS SECTION FOR DETAILS ON PLACING A QUALIFYING BID.

Hilco Real Estate is pleased to announce the sale of a premium residential development site in blossoming Hudson Heights at 203-207 Cabrini Boulevard in New York. The site consists of three lots totaling 5,310± square feet with 5,912± square feet for building calculations (utilizing the area of a 4th lot where an access easement is located). The current zoning is R7-2 allowing for 27 dwelling units (up to 30 with the 4th lot) and a total buildable square footage of 18,266± (up to 20,337± with the 4th lot).

A hidden gem, Hudson Heights is bounded by the Hudson River and Broadway in the east-west space and stretches north from 173rd Street to the lush gardens of Fort Tryon Park. The property is only a two-block walk to the 181st Street A Subway station providing convenient access to all of New York City. The area is known for its many parks, scenic views, and numerous veiled local hangouts.

This opportunity presents savvy developers with an opportunity to acquire an idyllic, well-located site in the thriving Hudson Heights neighborhood of Manhattan.

Sale Subject to Court Approval
*Note: This Bankruptcy Sale includes three lots totaling 5,310± square feet, these lots are subject to the approved Sale Order, Bid Procedures and the Bankruptcy Court Approval. A fourth lot totaling 602± square feet is available for sale and can add to the total buildable square feet and total dwelling units. Please contact Melvin Caro at 917-825-8285 for details on this additional lot.

Location

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