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Prime East Harlem Development Opportunity

$9,500,000

2148-2150 Third Avenue, New York, NY 10035

Active
Last Updated: 11/05/2021

Mixed Use

Development Type

9,895 sqft

Building Size

Details:
Development Type:    Mixed Use
Building Size:    9,895 sqft
Zoning:    R7A, C4-6
Combined Buildable Area :    70,466 sqft
Highlights:
  • Great Development opportunity
  • Prime East Harlem
  • 48' to 80' frontage on 3rd Avenue
  • Between 117th and 118th Street
  • Delivered Vacant
Description:

The Nassimi Group, as exclusive agent, is pleased to offer for sale this great development opportunity located in the heart of the newly up and coming East Harlem Corridor. The property has significant air rights with a residential FAR of 10, R-7A/C4-6 zoning allowing for a total of approx. 64,350 buildable square feet. This deal will also include a contiguous vacant lot located at 183 east 117th street with an additional 6,116 buildable square feet and which would allow for a separate entrance for any development on the side street. The current existing structure is a 2-story commercial building without lease holding tenant that will be delivered vacant. The site is subject to a mandatory inclusionary housing (MIH) zoning provision and Special district designation (EHC).
Potential Assemblage with approx. 100,000 BSF and almost 80' frontage on 3rd Avenue.
Any potential buyer should complete their own independent assessment of the sites potential and building requirements.

Map:
Documents:
Title
2148-2150_Third_Avenue_TNG_with_Foor_Plans.pdf
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Location
Gallery