2108 3rd Avenue

2108 3rd Avenue

New York, NY 10029
$17,500,000

CONTACT

Principal
212-875-1800 Ext. 1
Director
212-875-1800 Ext. 6
Principal
212-875-1800 Ext. 2
  • Development Site Advisors is pleased to announce that we have been exclusively hired to market and arrange for the sale or ground lease of 2108 3rd Avenue, New York, NY 10029 (“The Property”).
  • The Property consists of three contiguous lots, measuring a total of 87.08’ x 100.00’ and are currently improved by a 22,100 square foot retail building, which will be delivered vacant.
  • The Property is located in East Harlem, on the westerly side of 3rd Avenue between East 115th Street and East 116th Street.
  • The ± 8,708 SF lot, in a C4-6 zone, offers ± 78,372 buildable residential/commercial SF.
  • Developers also have the opportunity to acquire unused Air Rights from adjacent lots totaling ± 44,411 SF.
  • This would allow potential developers to utilize the full building envelope of ± 122,783 SF.
  • The C4-6 zoning allows for a mixed-use building with ground floor retail and residential space on the upper floors.
  • The property benefits from being one block away from the 116th Street 6 train and is also in close proximity to the 116th Street retail corridor, which offers many eateries and neighborhood amenities.
Location Description
Located on the westerly side of 3rd Avenue between East 115th Street and East 116th Street
Borough/Block/Lot
Borough: Northern Manhattan Block: 1643 Lot: 35, 37, 137
Neighborhood
Lot Size
8,708
Existing SF
3,032 SF
Building Class
K4
Assessed Value
$17,500,000.00
R.E. Taxes
Subway Access 46
Bus Lines
M1, M116
Community District
Zoning District
Inclusionary
Mandatory Inclusionary Housing Area
Residential FAR | ZFA
9.00 | 78,372
Commercial FAR | ZFA
3.40 | 29,607
Facility FAR | ZFA
9.00 | 78,372
Max ZFA with Bonuses
78,372 SF
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2108 3rd Avenue

New York, NY 10029
Thank You

Thank you for your interest in this site. One of our agents will contact you shortly.

CONTACT

Principal
212-875-1800 Ext. 1
Director
212-875-1800 Ext. 6
Principal
212-875-1800 Ext. 2