Full Block-Front Mixed-Use High-Density Development Opportunity | 194,162 Buildable Square Feet

Highlights:

• Commanding Footprint: Expansive blockfront visibility along the highly traveled Third Avenue corridor, paired with highly coveted corner exposure on East 124th Street
• Massive Manhattan Scale: Major, institutional-sized project delivering 194,162 buildable square feet of mixed-use potential
• High-Density Zoning Advantage: Premium C4-6 / EHC zoning allows for an exceptional commercial and residential equivalent of up to a 10.00 FAR
• Expansive Lot Area: Offers a rare, substantial footprint of approximately 22,270 square feet of contiguous lot area, providing developers with the critical mass and layout flexibility needed for an efficient building footprint and optimal construction staging
• Qualified Opportunity Zone Benefits: Situated entirely within a federal Opportunity Zone, unlocking massive structural tax shelters, capital gains deferrals, and tax-free appreciation benefits
• Unbeatable Transit-Oriented Location: Adjacent to the MTA 125th Street expansion station connecting the existing 125th station on Lexington with the future 2nd Avenue Subway
• Robust Retail & Institutional Demand: Strategically located near major economic engines like the New York Proton Center biotech hub and Columbia's Manhattanville expansion. Over 1.5M sqft of mixed-use development slated for the immediate vicinity

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