Three High-Quality Potential Sites for Investment

From June through September 2015, the Public Building Inventory workgroup searched a database of city-owned properties and narrowed down a list of 84 to 3 very promising potential sites of investment based on factors such as proximity to retail and public transportation, flood zone status, and size and condition of the buildings.

Here are the potential sites:

1) 106 Locust Avenue, Bronx

In Port Morris, a historic ferry gantry and cable shop on desirable waterfront property.

106 Locust Avenue, Bronx


2) 146-39 105th Avenue, Queens

This building is owned by the NYC Department of Health. Nested in a residential area, this is a non-commercial zone that may be off the speculator radar.

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3) 2327 Neptune Avenue, Brooklyn

4,500 square foot former pumping station in Coney Island.

2327 Neptune Avenue, Brooklyn

Stay tuned for more from the Public Building Inventory workgroup! We are developing action plans regarding how to further evaluate these properties and formulate outreach strategies to surrounding communities.