Contact for pricing
05 Aug, 2020
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The Nassimi Group, as exclusive agent, is pleased to offer for sale this great
development opportunity located in the heart of the newly up and coming East
Harlem Corridor. The property has significant air rights with a residential FAR of
10, R 7A/C4 6 zoning allowing for a total of approx. 64,350 buildable square feet.
This deal will also include a contiguous vacant lot located at 183 east 117th street
with an additional 6,116 buildable square feet and which would allow for a
separate entrance for any development on the side street.
Total buildable sqft 70,466.
The current existing structure is a 2 story commercial building without lease holding tenant that will
be delivered vacant. The site is subject to a mandatory inclusionary housing
(MIH) zoning provision and Special district designation.
Potential assemblage available with approx. 100,000 BSF and almost 80' frontage on 3rd Avenue.
Any potential buyer should complete their own independent assessment of the
sites potential and building requirements.
FREQUENTLY ASKED QUESTIONS
What is the lease rate for Prime East Harlem Development Site - Potential 100,000 BSF?
Rental asking rate at Prime East Harlem Development Site - Potential 100,000 BSF is 11,500,000 per square foot.
What is the total square footage of Prime East Harlem Development Site - Potential 100,000 BSF?
Prime East Harlem Development Site - Potential 100,000 BSF totals 9,895 square feet.
When was this property built?
Prime East Harlem Development Site - Potential 100,000 BSF was built in 1910.