62 W 116th St

62 W 116th Street is ideally located in the heart of Harlem, just a three-minute walk from the 116th Street subway station (2 & 3 lines), providing direct and convenient access to Midtown Manhattan, Downtown Manhattan, and the Bronx. The property benefits from excellent connectivity, making it an attractive option for residents, businesses, or investors seeking a well-linked urban location. The surrounding neighborhood is rich in culture, history, and amenities, with easy access to iconic destinations such as the Apollo Theater, local dining, galleries, and retail establishments. Residents and visitors enjoy vibrant street life, parks, and community resources, combining the convenience of city living with the character and energy of one of Manhattan’s most dynamic neighborhoods.Asset CRG Advisors, LLC, has been exclusively retained to market 62 W 116th St, a rare block-through development opportunity in Central Harlem. Situated on a 10,091-square-foot lot, the property features an existing one-story building totaling approximately 8,245 square feet. The building currently houses two commercial units, offering a clear path for redevelopment or repositioning. Zoned C4-5X / R7X equivalent, the site allows for approximately 50,455 buildable square feet as-of-right, with the potential to reach up to 60,546 buildable square feet under the UAP program. The property will be delivered vacant, enabling immediate execution of a new development plan, making it an ideal opportunity for developers and investors seeking frontage, scale, and flexibility in a prime Central Harlem location.