80 South St New York, NY 10038
- Land
Current Use by Public Records
- Fiona INC / Bait Shop
Property Details for 80 South St
- Property type
- Land
Description
80 South Street presents a unique mixed-use development opportunity in Manhattan's vibrant Seaport District. This vacant, 14,718 sq ft lot boasts significant frontage on South, Fletcher, and Front Streets, offering unparalleled visibility. The C5-3, LM zoning allows high-density development for commercial, residential, and community uses, with a maximum floor area of 817,784 sq ft, including 441,077 sq ft for residential and 376,707 sq ft for commercial. This includes transferable development rights (TDRs) and South Street Seaport Development Rights (SDRs). The site benefits from unobstructed panoramic views, ample natural light, and convenient access to multiple subway lines, including the Fulton Transit Center. This exceptional location, within a revitalized neighborhood featuring new housing, office, and hotel projects, offers developers a chance to capitalize on strong market demand in a thriving area with numerous restaurants, bars, and shops nearby. The existing structures can be demolished immediately, allowing for swift project commencement.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -74.0044
- Latitude
- 40.7058