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East Harlem Development Opportunity with No MIH Requirement

$1,300,000

152 East 124th Street, New York, NY 10035

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Last Updated: 02/13/2025

2,153 sqft

Lot Area

130

Price per BSF

Details:
Lot Area:    2,153 sqft
Price per BSF :    $130
Zoning:    R7D, C2-5, EHC
Buildable Sq. Ft. (As-of-Right):    10,033 sqft
Highlights:
  • 2,153 SF vacant lot located in prime East Harlem
  • Situated in R7D/EHC/C2-5 zoning, allowing for 9,000+ SF of mixed-use development
  • No MIH Requirement
  • Nearby new construction rentals achieving rents in the mid-$60/sf range
  • Nearby new construction condos achieving approximately $1,000/sf
  • One block from the 4/5/6 trains and two blocks from the Metro North at the Harlem - 125 St station
  • Proximity to the bustling 125th Street retail corridor, Marcus Garvey Park, and Randall’s Island
  • Easy access to The Bronx, Queens and Long Island by RFK Bridge
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