Every property. Every angle.

This parcel is currently utilizing 80% of allowable FAR with 148,000 sf residual capacity. Comparable TDR trades within the receiving subarea have cleared at a median $184/sf over the last twelve months, supporting an $41M+ residual value. Confidence is High given three verified comps.

Rooftop supports a 450 kW system generating ~618 MWh/yr. At current PPA rates and available ITC, projected annual revenue is $418k with a 5.1-year payback. Very High confidence given verified rooftop geometry and on-site interconnection.

Rooftop offers line-of-sight to three macro cells and clean structural loading. Comparable Manhattan carrier leases pay $180–$220k per carrier per year; a three-carrier stack yields $1.6–2.1M annually.

The improvement's age and deferred capex, combined with strong neighborhood redevelopment velocity, support a Highest & Best Use of mixed-use vertical addition rather than continued single-tenant office.

Existing electrical service and fiber redundancy allow a colocated EV fast-charging plaza and 1.4 MWh battery pod without utility upgrades — a rare urban configuration.

Parcel sits in a federally designated Opportunity Zone. A QOF-structured acquisition eliminates capital gains on the appreciation post 10-year hold.