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2019 Lexington ave - East Harlem 865 Sq.Ft Site for Redevelopment 0.02 Acres of Commercial Land Offered at $699,000 in New York, NY 10035
Investment Highlights
- Prime East Harlem Location
- 200 Feet to the 125 Street subway
Executive Summary
Block: 1771 Lot: 20.
Description: Excellent East Harlem site situated on the East Side between 122nd St and 123rd St. Only 200 feet from the 125th Street/Lexington Ave subway line. Lot size 14 x 60. Zoning: R7D, C2-5.
As per architect, a mixed used 5,000 Sq.Ft 2 family with two separate duplex apartments with a triplex commercial (including bsmt) can be erected on this site.
Asking price is only $139 per Sq.ft buildable. Zoning analysis: When a commercial overlay is mapped in a R7D district, the ground floor of a building must be reserved for retail use, rest can be multi-family.
It is also located in a special district (EHC - East Harlem corridors) with an additional designation of a MIH (mandatory inclusionary housing) area. The lot is 14.42' x 60'. 100% area coverage.
The Minimum base height is 60' and Maximum bldg height is 85For more information, contact Exclusive Brokers:
Victor Weinberger 917-806-7040 (VWremax@gmail.com), or
Nick Psomopoulos 917-882-3230 (Npsomopoulos@yahoo.com)
Taxes & Operating Expenses (Actual - 2026) |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$199
|
$10,007.00
|
Taxes & Operating Expenses (Actual - 2026)
| Taxes | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $199 |
| Annual Per AC | $10,007.00 |
Property Facts
| Price | $699,000 | Property Subtype | Commercial |
| Sale Type | Owner User | Proposed Use | Mixed Use |
| No. Lots | 1 | Total Lot Size | 0.02 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | R7D, C2-5 - Mixed Use. As per architect 5,000 SF building is allowed to be built on the site. | ||
| Price | $699,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 0.02 AC |
| Opportunity Zone |
Yes |
| Zoning | R7D, C2-5 - Mixed Use. As per architect 5,000 SF building is allowed to be built on the site. |
1 Lot Available
Lot 1771
| Price | $699,000 | Lot Size | 0.02 AC |
| Price Per AC | $35,199,919.43 |
| Price | $699,000 |
| Price Per AC | $35,199,919.43 |
| Lot Size | 0.02 AC |
2019 Lexington Ave: NYC, NY, 10035 Block: 1771 Lot: 20. Lot size 14 x 60. Zoning: R7D, C2-5. Can build 5,000 Sq.Ft. as per architect/
Description
2019 Lexington Ave: NYC, NY, 10035 Block: 1771 Lot: 20. Video Tour: https://youtu.be/sJ_kkMHCzzo?si=Hvb6hVYlv8S5DfVo Description: Excellent East Harlem site situated on the East Side between 122nd St and 123rd St. Only 200 feet from the 125th Street/Lexington Ave subway line. Lot size 14 x 60. Zoning: R7D, C2-5. As per architect, a mixed used 5,000 Sq.Ft 2 family with two separate duplex apartments with a triplex commercial (including bsmt) can be erected on this site. Asking price is only $139 per Sq.ft buildable. Zoning analysis: When a commercial overlay is mapped in a R7D district, the ground floor of a building must be reserved for retail use, rest can be multi-family. It is also located in a special district (EHC - East Harlem corridors) with an additional designation of a MIH (mandatory inclusionary housing) area. The lot is 14.42' x 60'. 100% area coverage. The Minimum base height is 60' and Maximum bldg height is 85For more information, contact Exclusive Brokers: Victor Weinberger 917-806-7040 (VWremax@gmail.com), or Nick Psomopoulos 917-882-3230 (Npsomopoulos@yahoo.com)
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2019 Lexington ave - East Harlem 865 Sq.Ft Site for Redevelopment
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