Forsyth Lot Adjacent to Nativity Mission Center for Sale

Posted on: July 28th, 2011 at 6:42 am by

Last August, the New York Times broke news that the Nativity Mission Center, located at 204 Forsyth Street since 1948, was looking to sell.  The Jesuit institution historically educated poor immigrant families fresh off the boat, as it were.  But the Lower East Side is quickly pricing out those that would most benefit from such assistance.  So, in the last year, Nativity has been on a mission for a new mission.  At the time of publication, their sights were set on the South Bronx, with hopes of moving by 2012.  While this move might still be in the playbook, the Jesuit school remains intact one year later.

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However, now it looks like the adjacent 25′-by-100′ driveway and parking lot has become a new development opportunity.  Shocker.  Indeed, a Boogie tipster sent along the following real estate listing from Halstead Property.  It’s interesting to note that the address is not even included.  Anyway, here’s what you get for a cool $2.5 million:

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A 25′ x 100′ vacant lot which faces Sara Roosevelt Park. The site is right off East Houston & Stanton Streets, which have excellent residential and commercial exposure. The property has 10,000 square feet of buildable air rights which can be used to build apartments of different sizes. A not for profit organization can use it for themselves or develop their facilities on it. The current zoning allows for a mixed use building or a commercial or residential property to be built.

Obviously, the northern section of Sara D. Roosevelt Park is the major selling point here. Ironic, considering the history of this public space. From the Times piece:

For years, the neighborhood was rough and tumble. Father Podsiadlo recalls having to wear gloves in the fall to clear the playground across the street for recess — piles of autumn leaves sometimes hid the needles that had been dropped by addicts. The prostitutes who plied their trade in the park would proposition visitors in the school’s doorway.

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