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Investment Highlights
- Delivered Vacant
- 25,700 buildable square feet
Executive Summary
Investment Property Realty Group (IPRG) is pleased to present 1678 Third Avenue, a premier 17-unit mixed-use property located between 94th and 95th Streets in the heart of Manhattan’s prestigious Upper East Side. This 5-story corner building spans 8,360 square feet and features 16 studio apartments with a separate eat-in kitchen. All residential units will be delivered vacant upon sale. The ground-floor commercial space, currently occupied by The Barking Dog, can be delivered vacant via the execution of the existing buy-out clause in the lease.
The building dimensions are e 23’ x 75’ on a 25.7’ x 100’ lot which is zoned C2-8/R10. The floor area ratio (FAR) provides approximately 17,340 square feet of additional air-rights and a total of 25,700 buildable square feet as-of-right as a ground-up development site. With 125 feet of wrap-around frontage along Third Avenue and East 94th Street, this property offers exceptional visibility, accessibility, and long-term upside.
With its generous zoning and corner frontage, 1678 Third Avenue is a rare and exciting ground-up development opportunity in the heart of a high-demand residential and commercial corridor. Whether repositioned as a luxury residential property or developed as a new mixed-use asset, this site is ideal for investors and developers looking to make a statement in the Upper East Side.
The building dimensions are e 23’ x 75’ on a 25.7’ x 100’ lot which is zoned C2-8/R10. The floor area ratio (FAR) provides approximately 17,340 square feet of additional air-rights and a total of 25,700 buildable square feet as-of-right as a ground-up development site. With 125 feet of wrap-around frontage along Third Avenue and East 94th Street, this property offers exceptional visibility, accessibility, and long-term upside.
With its generous zoning and corner frontage, 1678 Third Avenue is a rare and exciting ground-up development opportunity in the heart of a high-demand residential and commercial corridor. Whether repositioned as a luxury residential property or developed as a new mixed-use asset, this site is ideal for investors and developers looking to make a statement in the Upper East Side.
Property Facts
| Price | $10,000,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.06 AC |
| Zoning | C2-8/R10 - Commercial district predominantly residential in character | ||
| Price | $10,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.06 AC |
| Zoning | C2-8/R10 - Commercial district predominantly residential in character |
1 Lot Available
Lot
| Price | $10,000,000 | Lot Size | 0.06 AC |
| Price Per AC | $169,759,111.82 |
| Price | $10,000,000 |
| Price Per AC | $169,759,111.82 |
| Lot Size | 0.06 AC |
1 1
Walk Score®
Walker's Paradise (100)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (72)
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1678 3rd Ave
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