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7-11 E 115th St
New York, NY 10029
East Harlem Development Opportunity · Land For Sale
·
0.31 AC
Investment Highlights
- FOR SALE - Development site well located in East Harlem, Manhattan just blocks from Central Park, multiple subways, busses, hopping, and employment.
- Permitted Uses include Multifamily, Student Housing, Senior Housing, Nursing Homes Health Centers/Hospitals, and Schools.
Property Facts
Description
7-11 E 115th Street is zoned R7-2 and located on a wide street allowing for greater density as per NYC zoning code. The site is 135’ x 100.92’ or 13,624 SF (.3128 acres) of land area. According to the attached zoning opinion, as of right FAR is 4.0 or 54,496 Buildable SF. It is estimated that 75 dwelling units can be constructed as of right. The density can be increased to 70,041 Buildable SF utilizing the Community Facility bonus.
Property Taxes
| Parcel Number | 1621-0007 | Improvements Assessment | $0 |
| Land Assessment | $1,098,990 | Total Assessment | $1,098,990 |
Property Taxes
Parcel Number
1621-0007
Land Assessment
$1,098,990
Improvements Assessment
$0
Total Assessment
$1,098,990
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