Share This Listing

Message

960 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

1725-1735 Park Ave
New York, NY 10035
Office Property For Sale

Executive Summary

Available for Sale: 136,200 buildable square feet. Corner of 121st Street and Park Avenue
SPECIAL ZONING DISTRICT:
EAST HARLEM CORRIDORS DISTRICT (EHC).
Zoning District: M1-6/R10
Opportunity Zone: May qualify for tax incentives
M1-6
M1 districts are often buffers between M2 or M3
districts and adjacent residential or commercial
districts. M1 districts typically include light industrial
uses, such as woodworking shops, repair shops, and
wholesale service and storage facilities. Although new
industrial buildings are usually low-rise structures
that fit within sky exposure planes, commercial and
community facility buildings can be constructed as
towers in M1-3 through M1-6 districts. In the M1-6
district, mapped only in Manhattan, an FAR of 12 can
be achieved with a bonus for a public plaza.
R10
R10 districts are mapped along portions of Fifth and
Park Avenues in Manhattan; however, most buildings
that conform to the R10 building envelope are found
in commercial districts with a residential district
equivalent of R10, the highest residential density in the
city. Much of Midtown, Lower Manhattan and major
avenues in Manhattan, as well as parts of Downtown
Brooklyn and Long Island City, are mapped at R10
density. The floor area ratio (FAR) is 10.0. Developers
may choose between Quality Housing regulations
or tower regulations; height factor regulations are
not applicable. Residential and mixed buildings can
receive a residential floor area bonus for the creation
or preservation of affordable housing, pursuant to the
Inclusionary Housing Program
TOTAL BUILDABLE SQUARE FEET
136, 200 SQUARE FEET
LOT SIZE
13,620 SQUARE FEET
BLOCK & LOT
01769-0003
CURRENT BUILT AREA
31,190 SQUARE FEET
DIMENSIONS
151.33 X 90 FT
COMMUNITY DISTRICT 11
SCHOOL DISTRICT 4
CURRENT STATUS
Currently 3 story building with office and retail component. Can be delivered vacant.
Close proximity to Mt Sinai Hospital (Main Campus), Columbia
University, 4 blocks from Metro North Station on 125th Street. Near
125th Street Shopping Hub, Marcus Garvey Park, Central Park,
Whole Foods, Target, Nordstrom Rack, Burlington Coat Factory,
American Eagle, Marshalls, TJ Max, Food Bazaar, Metro North
4 5 6

Property Facts

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
31,185 SF
Building Class
B
Year Built
2004
Price
$35,000,000
Price Per SF
$1,122.33
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
10,395 SF
Building FAR
2.31
Lot Size
0.31 AC
Opportunity Zone
Yes
Zoning
M16R10

Property Taxes

Property Taxes

Parcel Number
1769-0003
Land Assessment
$194,850
Improvements Assessment
$1,493,810
Total Assessment
$1,688,660
  • Listing ID: 38152383

  • Date on Market: 10/21/2025

  • Last Updated:

  • Address: 1725-1735 Park Ave, New York, NY 10035

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}