Former Union HQ on the Block
The former headquarters of Local Workers 452 (and the current site of the Medgar Evers Headstart program) has been on the market, along with the empty lot next door, for six weeks now. The 5,500-square-foot building has a price tag of $2,350,000 and the 22-foot-wide lot is asking $795,000. According to PropertyShark, the combined buildable…
The former headquarters of Local Workers 452 (and the current site of the Medgar Evers Headstart program) has been on the market, along with the empty lot next door, for six weeks now. The 5,500-square-foot building has a price tag of $2,350,000 and the 22-foot-wide lot is asking $795,000. According to PropertyShark, the combined buildable square footage for the two parcels is a little less than 13,000 square feet. Does $250 per buildable square foot seem reasonable for this location?
315 Vanderbilt Avenue [Douglas Elliman] GMAP P*Shark
313 Vanderbilt Avenue [Douglas Elliman]
I’m pretty certain it has been on and off the market for years. Or, at least, it was on the market once a couple years ago or so.
its been on sale for months already
the sign says: candy & confectionery workers local 452. i always liked this little building.
It used to be the union hall for the confectioners union. The candy factories were down the hill towards Park and Flushing (there’s a candy factory loft conversion down there).
I also relished the idea of the tots getting their “head start” inside a former candy and confectioners’ workers’ building. Alas, neither incarnation bears much resemblance to Mr. Wonka’s eponymous factory.
So where is the Head Start program relocating to?
I really like this building, just liking it as a Head Start too. I think it used to be a candy factory? There’s a sign that says “Confections” or something on the facade.
The height restrictions associated with the zoning change last summer almost dictate, at this price, that you tear down the building and build new on both lots. At a lower price, a buyer could do what Nokilissa laid out.
What #2 said – any price has to figure in LPC designation and the time and cost (and uncertainty) of a public review.
Good news is that the zoning is probably pretty close to what LPC would allow for a new building.
Another one of Kathryn Lilly’s winning listings–the owner gave their “dream” price and Lilly was just licking her chops at getting a listing that she never advised to a reasonable price. A real developer doesn’t care about all of the descriptive neighborhood fluff in the listing, since a real developer would know their market already! The listing, for a developer to take it, needs more numbers and facts like Massey Knakal has in their listings.