172 E 122nd st | New York, NY 10035
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- LoopNet Team
172 E 122nd st
New York, NY 10035
Development Opportunity · Land For Sale
·
0.09 AC
Investment Highlights
- Development Opportunity located in the East Harlem.
- Approved plans for a 7-story residential building with 15 units.
- Shovel ready, with access agreements in place.
- 11,556 square feet is the allowable buildable square footage.
- Eligible for the 421-A tax abatement.
- Property is located in the opportunity zone.
Property Facts
| Property Type | Land | Total Lot Size | 0.09 AC |
| Property Subtype | Residential | ||
| Zoning | R7B - Medium-density apartment house district with lower parking requirements | ||
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.09 AC |
| Zoning | R7B - Medium-density apartment house district with lower parking requirements |
Description
Development opportunity in the East Harlem neighborhood of Manhattan. The property has 11,556 buildable square feet. There are approved plans for a 7-story residential building with 15 units. The property is eligible for the 421-A tax abatement. The property is shovel ready, with access agreements in place. Approved plans and due diligence documents are available upon request. Situated conveniently near the MTA [4,5,6 lines] Subway Station, accessibility is a strong feature of this location.
Property Taxes
| Parcel Number | 1770-0045 | Improvements Assessment | $0 |
| Land Assessment | $273,600 | Total Assessment | $273,600 |
Property Taxes
Parcel Number
1770-0045
Land Assessment
$273,600
Improvements Assessment
$0
Total Assessment
$273,600
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