Real Estate Portfolio: USA

New York · USA

DEVELOPMENT SITE #1

Location: Manhattan, Upper East Side Between First and Second Avenue
Lot Size: 125 Feet X 104 Feet
Zone: C2-8A (Commercial + Residential)
F.A.R. : 10
Max. usable floor area: 128,250 Gross Buildable As of Right
Asking Price: SUBMIT OFFER AT $116,000,000. (@ $900 per square foot)
Cost of Construction: $90,000,000 ($700 per square foot)

All in Total Cost: $206,000,0000
Sell Out Gross: $277, 020,000 (@ $2,700 blended rate per square foot)

This number accounts for a 20% loss factor for the 128,250 gross Buildable. Thus we use 102,600 actual saleable square feet.

DEVELOPMENT SITE #2

Location: Manhattan, Third Avenue Upper East Side Triple A Location
Lot Size: 203 Feet X 77 Feet
Zone: C1-9(Commercial + Residential)
F.A.R. : 10
Max. usable floor area: 207,000 Gross Buildable As of Right
Asking Price: SUBMIT OFFER AT $207,000,000. (@ $1000 per square foot)
Cost of Construction: $155,250,000 (@ 750 per square foot)

All in Total Cost: $362,250,000
Sell Out Gross: $486,750,000 (@ $2,950 per square foot)

This number accounts for a 20% loss factor for the 207,000 gross buildable. Thus we use 165,600 actual saleable square feet.

DEVELOPMENT SITE #3

Location: Upper East Side
Lot Size: 50 Feet X 125 Feet
Zone: C1(Commercial + Residential)
F.A.R. : 10
Max. usable floor area: 46,000 Gross Buildable Square Feet
Asking Price: $39,100,000 (@ $850 per square foot)
Cost of Construction: $27,600,000 (@ $600 per square foot)

All in Total Cost: $66,700,000
Sell Out Gross: $126,500,000 (@$2,750per square foot)

This number accounts for a 20% loss factor for the —— gross buildable. Thus we use —— actual saleable square feet.

** This site has approved plans. It is Shovel ready. Buyer can begin construction immediately.

Contact us:

Engel &Völkers

Chris Liem

Tel: +852 2561 3616

ChinaGoAbroad

Helen Sunderland

Cindy Lu

Tel: +86 10 6505 5992

Tel: +86 10 6505 8370

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