Buildable air rights refer to the additional floor area or development potential a property may have under NYC zoning laws that is not currently being used. However, the majority of development site sales and valuations are based on total buildable air rights including any existing structures as the existing structure will likely be demolished. We help you assess how much development potential your property holds and how to monetize it in the sale or development process. You can also use our Air Rights Calculator to see one of the potential variables that may increase your property value.

A rezoning plan (neighborhood plan, mixed-use plan) can significantly increase the development potential of a site — by changing permitted uses, increasing FAR (floor area ratio) or unlocking new air rights. We analyze the impact of such plans and translate them into value for your property.

These are specific NYC rezoning initiatives that can impact land value, permitted uses and development potential in those neighborhoods. For example our site lists them as key rezoning agendas we track.

Not always. Value depends on market demand, infrastructure, development climate, condition of site, timing and terms of the rezoning. We help you understand the correlation and factor risk and timing into your value calculation.

Timing is critical. Rezoning announcements can trigger speculative value increases but also investor competition. Early engagement often yields better positioning and deals. Get a Zoning Analysis today!

We create tailored offerings that highlight unused air rights, highest-and-best-use scenarios, upcoming rezoning opportunities, and target developer/investor buyers. The marketing materials emphasize value beyond current use. Get a Zoning Report to get started and see how to value your property differently!

Simply call us at 917-238-9119 or send an email to Chris@ccdrealestate.com to schedule a consultation. Our offices are located at 34-18 Northern Blvd., Suite B-40, Long Island City NY 11101 and 89-14 Parsons Blvd., 5th Fl, Jamaica NY 11432. By Appointment.