East Harlem Site for Development
2019 Lexington Ave, NYC Excellent location Site for Sale
Marketing description
2019 Lexington Ave: NYC, NY, 10035
Block: 1771 Lot: 20.
Property Tour Video: https://youtu.be/sJ_kkMHCzzo?si=Hvb6hVYlv8S5DfVo
Description: Excellent East Harlem site situated on the East Side between 122nd St and 123rd St. Only 200 feet from the 125th Street/Lexington Ave subway line. Lot size 14 x 60. Zoning: R7D, C2-5.
As per architect, a mixed used 5,000 Sq.Ft 2 family with two separate duplex apartments with a triplex commercial (including bsmt) can be erected on this site.
Asking price is only $139 per Sq.ft buildable. Zoning analysis: When a commercial overlay is mapped in a R7D district, the ground floor of a building must be reserved for retail use, rest can be multi-family.
It is also located in a special district (EHC - East Harlem corridors) with an additional designation of a MIH (mandatory inclusionary housing) area. The lot is 14.42' x 60'. 100% area coverage.
The Minimum base height is 60' and Maximum bldg height is 85
For more information, contact Exclusive Brokers:
Victor Weinberger 917-806-7040 ([email protected]), or
Nick Psomopoulos 917-882-3230 ([email protected])
Investment highlights
Site: Ideal for a mixed used development
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