1632 Young Street
Honolulu, HI 96826
- – beds
- – baths
- – sqft
- – on site
This rare development opportunity at 1632, 1638, and 1644 Young St. offers a level, ready-to-develop site suitable for various uses, such as Bill 7 housing, mixed-use, and medical facilities. Located on the mauka side of Young St. with parcels on all three sides, this property provides excellent potential. The maximum allowable commercial density (FAR) is 0.4 (7,784 sq ft), with a building area of up to 50% of the zoning lot (9,730 sq ft). For structures exceeding 40 feet, additional rear and side setbacks are required, with an additional 1-foot setback for every 10 feet of height. The maximum FAR is 1.4892, providing a potential floor area of 28,979.83 sq ft. Additional features include 10-foot front, side, and rear yards, with allowances for parking lots and garages in the side and rear yards, subject to specific restrictions. Renderings illustrate potential development options. Priced at $7,449,000, this listing is based on the 2018 purchase price, adjusted for property taxes and six years of compounded loan interest, calculated at rates of 4%, 5%, and 6% over successive two-year periods.
Last checked:
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Last updated Nov 15, 2024
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MLS# 202424669 —
The Property
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Property Type:Land
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Property Sub Type:Land
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Lot Size Area:19460.0
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Lot Features:Cleared,Level
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Zoning Description:17 - AMX-2 Medium Density Apt M
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Parcel Number:1-2-8-001-076-0000
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Topography:Level
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View:City,Mountains
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View:true
Listing Agent
- Contact info:
- Agent phone:
- (808) 349-6210
- Office phone:
- (808) 725-2794
Taxes
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Tax Annual Amount:13725.6
Utilities
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Utilities:None,SewerConnected
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Sewer:Connected
The Community
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Subdivision Name:MOILIILI
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Community Features:Sidewalks
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/11/24
Nov 11, 2024
|
Listed / Active | HI_CENTRAL_MLS | $6,817,000 |
