23 East 127th Street

23 East 127th Street

New York, NY 10035
$1,650,000

CONTACT

Principal
212-875-1800 Ext. 2
Director
212-875-1800 Ext. 6
  • Development Site Advisors® is pleased to announce that we have been exclusively hired to market and arrange for the sale of 23 East 127th Street, New York, NY 10035 (“The Property”).
  • The Property consists of a 18.75’ x 99.92’ lot currently improved by a 3,572 square foot Brownstone building, which will be delivered vacant.
  • The Property is located in East Harlem, on East 127th Street in between 5th Avenue and Madison Avenue.
  • The ± 1,873 SF lot, in an R7B zone offers ± 5,619 buildable Residential SF.
  • This conversion opportunity allows for a 2,047 SF expansion by adding an additional floor and extending the building towards the rear.
  • The property is situated on a tree-lined block surrounded by newly renovated Brownstones.
  • The property is in close proximity to several mass transit options, including the Harlem-125th Street Metro North Station and both the 2,3 and 4,5,6 subway lines.
  • East Harlem, a Manhattan cultural epicenter, continues to see steady increases in value, with rental rates nearing $50/SF and condo sellout values achieving over $1,000/SF.
Location Description
North side of East 127th Street between 5th and Madison Avenues
Borough/Block/Lot
Northern Manhattan / 1752 / 11
Neighborhood
Lot Size
1,873 SF
Existing SF
3,572 SF
Building Class
C5
Assessed Value
R.E. Taxes
Subway Access 23456
Bus Lines
Community District
Zoning District
Residential FAR | ZFA
3.00 | ± 5,619 SF
Facility FAR | ZFA
3.00 | ± 5,619 SF
Max ZFA with Bonuses
5,619 SF
View Setup

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23 East 127th Street

New York, NY 10035
Thank You

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

CONTACT

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