Active
1632 Young Street
Honolulu HI, 96826
$6,853,080
$352.16 per sqft
Active
0.45 Acres
Land
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.
202424669
MLSⓇ ID
November 1, 2024
Listed
December 5, 2024
Updated
Map
1632 Young Street
Honolulu HI, 96826
Exterior/Building Features
Lot Size
0.45 Acres
Lot Features
Cleared, Level
Sewer
Connected
Other Property Details
Area Name
Metro
Taxes
$13,726
Tax Frequency
Annually
Days on Market
24
Garage
No
View
Yes
View Description
City, Mountain(s)
County
Oahu
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
11/25/2024 | Price change | $6,853,080 0% |
Courtesy of eXp Realty, Loren BA Graham
Listing Contact: (808) 725-2794
Based on information from the Multiple Listing Service of HI - Honolulu Board of REALTORS® / HiCentral (HBR) listings last updated on 12/5/2024 5:29 PM UTC. Information is deemed reliable but not guaranteed. Copyright: 2024 by the Honolulu Board of REALTORS®/ HICentral. Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require the use of other disclaimers as necessary to protect participants and/or the MLS from liability.
©2024 Honolulu Board of REALTORS®/ HICentral. All rights reserved.
Data last updated 5:29 PM UTC, 12/5/2024
