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230 W 122nd St - Extra Wide Development Site in South Harlem 0.08 Acres of Commercial Land Offered at $2,050,000 in New York, NY 10027
Investment Highlights
- 34' Wide Development Site Zoned R7A.
- Located in South Harlem, Between Adam Clayton Powell & Frederick Douglas Blvd.
- High Demand Residential Area with Condo Buildings Averaging $1,300 Per Sq. Ft.
- 13,724 ZFA As-Of-Right.
- Proximity to A, B, C, D, 2, and 3 trains.
Executive Summary
Located in Central Harlem, 230 W 122nd St, New York, NY 10027 presents a compelling development opportunity for developers seeking to capitalize on the area’s strong residential demand and ongoing revitalization. This vacant midblock lot spans 3,431 square feet, with zoning designated as R7A and a Floor Area Ratio (FAR) of 4.0, allowing for a maximum buildable square footage (BSF) of 13,724 Sq. Ft. The property benefits from proximity to multiple subway lines, providing excellent transportation access to the rest of Manhattan and beyond. Its central location enhances both livability and market appeal for future residential or mixed-use development. With generous zoning, prime location, valuable tax incentives, and strong market fundamentals, this property is well-positioned for a successful development project that contributes meaningfully to Harlem’s continued growth. *Please note: A regulatory agreement is in place and a fire egress easement is in the removal process.
Property Facts
| Price | $2,050,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.08 AC |
| Property Type | Land | ||
| Zoning | R7A - Medium-density apartment house district with lower parking requirements | ||
| Price | $2,050,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.08 AC |
| Zoning | R7A - Medium-density apartment house district with lower parking requirements |
1 Lot Available
Lot
| Price | $2,050,000 | Lot Size | 0.08 AC |
| Price Per AC | $26,026,788.55 |
| Price | $2,050,000 |
| Price Per AC | $26,026,788.55 |
| Lot Size | 0.08 AC |
1 1
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 1927-0048 | Improvements Assessment | $0 |
| Land Assessment | $298,440 | Total Assessment | $298,440 |
Property Taxes
Parcel Number
1927-0048
Land Assessment
$298,440
Improvements Assessment
$0
Total Assessment
$298,440
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230 W 122nd St - Extra Wide Development Site in South Harlem
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