Central Harlem Development Opportunity An exceptional Opportunity to acquire three contiguous lots surrounded by institutional anchors, historic architecture, and cultural landmarks.


Property

Website:https://www.nestseekers.com/5313690
Address:
New York, NY 10027
Ownership: For Sale
Type: Unknown
Lot Size: 0.1 Acres

Financials

Price:$6,500,000
Annual Taxes:$27,978.80

Description

Central Harlem Development Opportunity An exceptional Opportunity to acquire three contiguous lots surrounded by institutional anchors, historic architecture, and cultural landmarks. (Block 1912, Lots 60, 61, and 62) totaling approximately 7,491 square feet located along Adam Clayton Powell Jr. Blvd in West Harlem. This vacant land assemblage offers strong visibility and corner exposure in a high-demand Manhattan submarket. Zoned R7-2 with a C1-4 commercial overlay, the property allows for mid-rise residential development and potential mixed-use configuration with ground-floor retail. Residential FAR up to 3.44 under Quality Housing guidelines provides approximately 25,000+ buildable square feet (subject to architect verification). Conveniently located near the 125th Street corridor for long term appreciation with excellent access to transportation, retail, and established residential density. Survey and additional due diligence materials available upon request.

Amenities

  • Cable - Available
  • Cleared
  • Corner Lot
  • Electricity Available
  • Level
  • Natural Gas Available
  • Near Public Transit
  • Near School
  • Near Shops
  • Phone Available
  • Sewer Available
  • Subdivided
  • Trash Collection Public
  • Water Available

Contact

505 Park Ave, New York, NY 10022
Listing Courtesy of Weichert Realtors Heritage Pro