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East Harlem Mixed-Use Development Opportunity

$3,250,000

151-155 East 121st Street, New York, NY 10035

Active
Last Updated: 10/19/2026

4,126 sqft

Lot Area

R7D/C2-5; EHC

Zoning

Details:
Lot Area:    4,126 sqft
Zoning:    R7D/C2-5; EHC
Buildable Area:    17,362 sqft
Highlights:
  • Rare 3-lot assemblage in the heart of East Harlem with a combined 52.26’ of frontage and 4,125.5 SF
  • 4.66 FAR across Lots 24 & 25, 3.00 FAR on Lot 27, the assemblage delivers 17,362 BSF as-of-right, expandable to 21,195 BSF MIH/UAP
  • Efficient development opportunity with over 52 feet of frontage along 121st Street, just off of Lexington Ave
  • Eight (8) total vacancies allowing for day one upside
  • Positioned just blocks away from the 4, 5 and 6 subway lines and the Harlem-125th Street Metro-North station, offering future residents easy access around the city
  • Situated in a rapidly evolving corridor of East Harlem, surrounded by Marcus Garvey Park, the 125th Street retail and dining corridor, and strong residential demand
  • Located within a designated Opportunity Zone, offering potential tax advantages for qualified capital gains investments
  • Over 1 million square feet currently in development in the immediate area
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