172 East 122nd Street, New York, NY 10035

172 East 122nd Street presents a prime development opportunity in the rapidly evolving East Harlem neighborhood of Manhattan. Situated on a 3,852-square-foot lot with approximately 52 feet of frontage, this shovel-ready site comes with approved plans for a seven-story residential building totaling approximately 16,615 buildable square feet. The project is designed to accommodate 15 residential units and includes eligibility for the coveted 421-A tax abatement, enhancing its long-term investment appeal. The property offers investors and developers a rare chance to capitalize on strong residential demand in one of Upper Manhattan's most active growth markets.

Ideally located in the heart of East Harlem, 172 East 122nd Street benefits from strong pedestrian traffic and excellent access to public transportation. The property is surrounded by a vibrant mix of neighborhood retailers, restaurants, and community services, including Dunkin', Domino's Pizza, McDonald's, AT&T Store, Dollar Tree, Taco Express Mexican Grill, and numerous local businesses. This highly accessible location offers strong appeal for future development and long-term investment in one of Manhattan's most active residential markets.