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East Harlem Development Opportunity | 55K BSF Standard | 68K BSF UAP | 88K BSF w/ Community Facility

$9,900,000

7-11 East 115th Street, New York, NY 10029

Active
Last Updated: 01/17/2025

Multifamily

Development Type

13,624 sqft

Lot Area

Details:
Development Type:    Multifamily
Lot Area:    13,624 sqft
Zoning:    R7-2
Buildable Area:    54,496 sqft
Description:

Investment Highlights
• 135 feet of frontage along Wide 115th Street
• 54,496 buildable SF Standard, 68,121 buildable SF with UAP & 88,556 buildable SF with community facility
• Efficient rectangular layout
• Condo market with sellouts exceeding $1,200/sqft
• Close proximity to the 6 train on Lexington and the 2/3 trains on Malcom X Blvd
• Easy access to bus routes North (Madison Ave), South (5th Ave), East & West (along 116th Street)
• Short distance to Central Park and Marcus Garvey Park

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