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172 E 122nd st
New York, NY 10035

$3,450,000 USD

Land For Sale  •  0.09 AC

Property Details

  • Property Type Land
  • Lot Size 0.09 AC
  • Zoning R7B
100 Transit Score
98 Walk Score

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.

Highlights

Development Opportunity located in the East Harlem.
11,556 square feet is the allowable buildable square footage.
Approved plans for a 7-story residential building with 15 units.
Eligible for the 421-A tax abatement.
Shovel ready, with access agreements in place.
Property is located in the opportunity zone.

Public Transportation

Commuter RailDriveWalkDistance
Harlem-125Th Street Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North), Hudson Line - Metro-North Commuter Railroad Company (Metro-North), New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 1 min 5 min 0.3 mi
Yankees-E 153Rd Street Station (Hudson Line - Metro-North Commuter Railroad Company (Metro-North)) 4 min - 2.5 mi
Transit/SubwayDriveWalkDistance
125 Street (4,5,6 Line) (4 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway)) 1 min 3 min 0.2 mi
116 Street (4,6 Line) (4 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway)) 2 min 6 min 0.4 mi
110 Street (4,6 Line) (4 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway)) 3 min 12 min 0.7 mi
125 Street (2,3 Line) (2 - New York MTA Subway (The Subway), 3 - New York MTA Subway (The Subway)) 2 min 13 min 0.7 mi
116 Street (2,3 Line) (2 - New York MTA Subway (The Subway), 3 - New York MTA Subway (The Subway)) 3 min 15 min 0.8 mi
AirportDriveWalkDistance
Laguardia 13 min - 5.9 mi
John F Kennedy International 26 min - 17.2 mi
Newark Liberty International 30 min - 24.1 mi
Sadya Liberow 646-363-6175 Asset CRG Advisors LLC
Sadya Liberow 646-363-6175 Asset CRG Advisors LLC