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Multi-Family

410 E 115th St

410 E 115th St, New York, NY 10029

Listing Price: $3,500,000

Lot Size
0.09 acres
Price/Acre
$40,280,053
Land Type
Redevelopment

Investment Overview

Marcus & Millichap has been exclusively retained to arrange the sale of 410 East 115th Street
located in the East Harlem section of Manhattan, NY. The subject property is an empty 3,785 square
foot lot located between First and Pleasant Avenues. The subject property measures
37.5 ft x 100.92 ft and is zoned R7B (with a smaller portion zoned R7-X / C1-5). The site has
approved architectural plans for the development of 21 condominium dwellings across 20,831 zoning
square feet.

Situated on a tree-lined block, the site’s location exemplifies urban tranquility while being
strategically positioned just a block away from prominent landmarks like the East River Plaza
shopping Mall with retail giants like Costco, Aldi, and the Lighthouse Fish Market. For recreation
and lifestyle, the proximity to Jefferson Park, Bobby Wagner Walk along the East River, and the
Manhattan Center for Science and Mathematics cannot be overlooked. Moreover, the bustling retail
corridors of 1st and 2nd Avenues are laden with diverse shopping and dining options.

Located just a 9 min walk from the 4 and 6 Subway Lines at the E 116th Station and near the 5
Subway Line at E 125th Street, 410 East 115th represents an opportunity for developers and
investors to take over a strategically located condominium development site with approved plans for
21 units in one of New York City’s most up-and-coming neighborhoods.

Investment Highlights

  • Residential Condominium or Rental Development Opportunity with Approved Architectural Plans for 21 Apartments (12,343 ZSF on lot 43 and an additional 11,859 ZSF transferred from lot 3)
  • Approved plans for 20,813 BSF condominium development on lot 43
  • R7B Zoning (with small portion zoned R7-X / C1-5) in the Heart of East Harlem

Exclusively Listed By

Multi-Family

410 E 115th St

Listing Price: $3,500,000

Lot Size
0.09 acres
Price/Acre
$40,280,053
Land Type
Redevelopment

Investment Highlights

  • Residential Condominium or Rental Development Opportunity with Approved Architectural Plans for 21 Apartments (12,343 ZSF on lot 43 and an additional 11,859 ZSF transferred from lot 3)
  • Approved plans for 20,813 BSF condominium development on lot 43
  • R7B Zoning (with small portion zoned R7-X / C1-5) in the Heart of East Harlem

Investment Overview

Marcus & Millichap has been exclusively retained to arrange the sale of 410 East 115th Street located in the East Harlem section of Manhattan, NY. The subject property is an empty 3,785 square foot lot located between First and Pleasant Avenues. The subject property measures 37.5 ft x 100.92 ft and is zoned R7B (with a smaller portion zoned R7-X / C1-5). The site has approved architectural plans for the development of 21 condominium dwellings across 20,831 zoning square feet. Situated on a tree-lined block, the site’s location exemplifies urban tranquility while being strategically positioned just a block away from prominent landmarks like the East River Plaza shopping Mall with retail giants like Costco, Aldi, and the Lighthouse Fish Market. For recreation and lifestyle, the proximity to Jefferson Park, Bobby Wagner Walk along the East River, and the Manhattan Center for Science and Mathematics cannot be overlooked. Moreover, the bustling retail corridors of 1st and 2nd Avenues are laden with diverse shopping and dining options. Located just a 9 min walk from the 4 and 6 Subway Lines at the E 116th Station and near the 5 Subway Line at E 125th Street, 410 East 115th represents an opportunity for developers and investors to take over a strategically located condominium development site with approved plans for 21 units in one of New York City’s most up-and-coming neighborhoods.

Exclusively Listed By

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