2 Prime Residential Development Sites in West Harlem
310 West 121st Street, New York City, NY 10027
Marketing description
Harlem's 125th Street is undergoing a dramatic transformation led by the 2024 arrival of major retailers like Trader Joe's, Target, and Sephora at the new Urban League Empowerment Center. Cultural milestones are also reshaping the corridor, highlighted by the November 2025 opening of the new Studio Museum in Harlem and the ongoing renovation of the legendary Apollo Theater, which is set to debut a modernized lobby and soundstage in 2026.
The area dining scene has also modernized with a blend of celebrity-backed ventures and popular fast-casual chains. New highlights include "Wonder", a multi-restaurant delivery hub featuring Bobby Flay and Marcus Samuelsson, alongside local expansions like PB Brasserie Steak House and L.A. Sweets NY. Combined with newcomers like Dave's Hot Chicken and Raising Cane's, 125th Street has solidified its status as a premier destination for both shopping and dining.
The skyline is reaching new heights with glossy developments like the 28-story Renaissance New York Harlem Hotel and Columbia University 34-story residential tower at Broadway. These high-rises are joined by massive mixed-use projects such as the 21-story National Black Theatre redevelopment, which combines luxury housing with permanent cultural space to ensure the neighborhood's artistic heritage remains central to its growth.
Investment highlights
- R7A Zoning allows for 18,000 ZFA (Standard) Buildable SF and 22,525 ZFA (UAP) Buildable SF
- Ideal for luxury condominiums, high-end multifamily units, or a grand townhome conversion
- Local condominiums are achieving sellouts approaching $1,000 and free market rents in the area are approaching $70/sqft
- Unrivaled connectivity featuring a perfect 100 Transit Score with immediate proximity to the A, C, B, and D subway lines at 125th Street
- Served by major national retailers including Whole Foods Market, Trader Joe’s, Target, and Lidl
- Sites are located just four blocks from the Columbia University Campus and in close proximity to the Manhattan School of Music, Barnard College, and the Riverside Theatre
- Immediate access to nature and green space with the properties located only one block from Morningside Park
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
