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Northern Manhattan Development Site Goes on Auction Block
Connect Apartments is coming up on June 26th in Los Angeles. Here’s a link to find out more about the conference and to register.
June 29 is the qualifying bid deadline for a development site in Manhattan’s Hudson Heights enclave, Hilco Real Estate said Wednesday. The property at 203-207 Cabrini Blvd. is going on the auction block July 9 as the result of a bankruptcy.
“Rarely does a land site like this become available with in-place zoning for a premium residential development,” said Jeff Azuse, SVP with Hilco. “Furthermore, as a result of this being a bankruptcy sale, the new owner has the unique opportunity to obtain clean title free and clear of liens and transfer taxes.”
The property is zoned R7-2, and may allow for total buildable area of 18,266 square feet and as many as 27 apartments. The property is two blocks from the 181st Street subway stop, and offers views of the Hudson River and George Washington Bridge.
For comments, questions or concerns, please contact Paul Bubny
- ◦Development
- ◦Sale/Acquisition

