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1375 1st Ave
New York, NY 10021
Multifamily Property For Sale · 7 Units

Investment Highlights

  • Corner Development Site

Executive Summary

DEVELOPMENT SITE. This property is being offered together with 352 and 354 East 74th street.
The site currently offers 34,260 buildable square feet.
For developers seeking larger-scale potential, the assemblage opportunity can be extended
to include more parcels and neighboring air rights, enabling a combined buildable area of
approximately 114,000 square feet. This rare offering allows for the creation of a
significant new residential or mixed-use tower with excellent frontage along 1st Avenue
and East 74th Street.

Property Facts

Sale Type Investment
No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.03 AC
Building Size 4,968 SF
No. Stories 4
Year Built 1920
Zoning C1-9 - Commercial district predominantly residential in character

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 7 - -

Property Taxes

Property Taxes

Parcel Number
1448-0030
Land Assessment
$207,320
Improvements Assessment
$944,057
Total Assessment
$1,151,377
  • Listing ID: 38199232

  • Date on Market: 10/24/2025

  • Last Updated:

  • Address: 1375 1st Ave, New York, NY 10021

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