287 East Houston Street   Unit HOUSE

A 50? x 100? development site on the south side of East Houston Street. The lot footprint is approx. 5,000 SF and is in a R8A* zone. R8A* has a Commercial FAR of 2.00, Residential FAR of 5.40, Community Facility FAR of 6.50 and Inclusionary Housing FAR of 7.20. The site would allow for approximately 36,000 BSF based on a development that incorporates inclusionary housing (FAR of 7.20). Alternatively, the site would allow for approximately 27,000 BSF and 120? in height based on a residential development of market housing (FAR of 5.40). The property has a curb cut in place as well as a 25? x 100? single story building (2,500 SF with mezzanine) which can be delivered vacant at the time of sale. 287-291 East Houston Street would be ideal for a retail and residential rental or condominium development. A Foundation Engineering and Subsurface Exploration Report are available upon request. The site has a transferable Green Building project registration under LEED NC 2.2.