The Paul Rudolph Institute for Modern Architecture is offering to sell roughly 10,642 SF of unused air rights for about $118 PBSF, ROUGHLY ¼ OF THEIR APPRAISED VALUE! The property was recently designated as an individual landmark, affording additional options for air-rights transfer. The air rights are contiguous with other properties already assembled on the northeast corner of 57th Street and Second Avenue.
The Paul Rudolph Institute for Modern Architecture is offering to sell roughly 10,642 SF of unused air rights for about $118 PBSF, ROUGHLY ¼ OF THEIR APPRAISED VALUE! The property was recently designated as an individual landmark, affording additional options for air-rights transfer. The air rights are contiguous with other properties already assembled on the northeast corner of 57th Street and Second Avenue.
Listing Courtesy of Sotheby's International Realty, Inc.