ABS Partners to market 4452 Broadway site

ABS Partners Real Estate has been retained to market a 24,299 s/f mixed-use development site. The site, 4452 Broadway, is located at the corner of Broadway and Fairview Ave., which is the equivalent of W. 190th St. This Washington Heights/Inwood development site has a footprint of 24,299 s/f, the existing zoning of R7-2/C2-4 would permit an as of right development of up to 83,589 s/f above grade. Under quality housing the FAR can be increased to 97,196 s/f. Additionally, in conjunction with a community facility use a maximum of 157,943 s/f can be built on the site. The site could either accommodate a single large retailer or the smaller traditional neighborhood stores, numerous apartments, or special purpose institutional/educational uses. Several new condominium developments in the Washington Heights and Inwood section of Manhattan have sellout prices in excess of $650 per s/f. The ABS team consisting of Alan Cohen, Jeff Liew, Randy Modell and Steve Hornstock will be handling the assignment.