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3843 10th Ave
New York, NY 10034
3835-3843 10th Ave · Retail Property For Sale
·
10,500 SF Total
Investment Highlights
- 3835-3843 Tenth Avenue, one of Northern Manhattan’s premier mixed-use development opportunities
- 2 contiguous development sites, each measuring approximately 99.92’ × 100’, with a combined 200 feet of frontage along Tenth Avenue
- allowing for a combined development potential of approximately 143,885 buildable square feet
- 143,885 Buildable SF MIH Development Opportunity | 200' of Frontage
- Located within a C2-4 / R8A zoning district, in a Mandatory Inclusionary Housing (MIH) area, each lot supports approximately 71,942 buildable sf
- The properties may be acquired individually or together, flexibility to execute a phased development or a singlelarge-scale mixed-use project
Executive Summary
Investment Property Realty Group (IPRG) has been retained on an exclusive basis to arrange the sale of 3835-3843 Tenth Avenue, one of Northern Manhattan’s premier mixed-use development opportunities.
The offering consists of two contiguous development sites, each measuring approximately 99.92’ × 100’, with a combined 200 feet of frontage along Tenth Avenue. Located within a C2-4 / R8A zoning district, in a Mandatory Inclusionary Housing (MIH) area, each lot supports approximately 71,942 buildable square feet, allowing for a combined development potential of approximately 143,885 buildable square feet.
The properties may be acquired individually or together, providing developers with the flexibility to execute a phased development or a single large-scale mixed-use project.
The properties are currently improved with income-producing commercial tenants generating stable cash flow. The existing leases contain landlord demolition clauses, providing future owners with significant redevelopment flexibility while preserving in-place income.
Located one block from the 207th Street 1 subway station, the Property benefits from exceptional transit accessibility, is located within a Qualified Opportunity Zone, and is positioned within one of Northern Manhattan’s most active redevelopment corridors. Since the Inwood rezoning, approximately 2,100 residential units have been completed, are under construction, or have been proposed, underscoring the neighborhood’s continued transformation and reinforcing long-term demand for new residential and mixed-use development.
The offering consists of two contiguous development sites, each measuring approximately 99.92’ × 100’, with a combined 200 feet of frontage along Tenth Avenue. Located within a C2-4 / R8A zoning district, in a Mandatory Inclusionary Housing (MIH) area, each lot supports approximately 71,942 buildable square feet, allowing for a combined development potential of approximately 143,885 buildable square feet.
The properties may be acquired individually or together, providing developers with the flexibility to execute a phased development or a single large-scale mixed-use project.
The properties are currently improved with income-producing commercial tenants generating stable cash flow. The existing leases contain landlord demolition clauses, providing future owners with significant redevelopment flexibility while preserving in-place income.
Located one block from the 207th Street 1 subway station, the Property benefits from exceptional transit accessibility, is located within a Qualified Opportunity Zone, and is positioned within one of Northern Manhattan’s most active redevelopment corridors. Since the Inwood rezoning, approximately 2,100 residential units have been completed, are under construction, or have been proposed, underscoring the neighborhood’s continued transformation and reinforcing long-term demand for new residential and mixed-use development.
Property Facts
| Price / SF | $2,000 / SF | Number of Properties | 2 |
| Sale Condition | Redevelopment Project | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 10,500 SF |
| Status | Active | Total Land Area | 0.46 AC |
| Price / SF | $2,000 / SF |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 10,500 SF |
| Total Land Area | 0.46 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 3843 10th Ave, New York, NY 10034 | Retail | 7,500 SF | 1951 | - |
| 3835 10th Ave, New York, NY 10034 | Retail | 3,000 SF | 1956 | - |
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