For Sale
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121 7Th StNew York, NY 10009

Prime East Village lot, 5,956 SF building, high air rights.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional East Village property presents a unique value-add investment opportunity. Situated at 121 East 7th Street, between 1st Avenue and Avenue A, this 22' wide by 97.5' deep lot features a 5,956 square foot, three-story existing structure, currently vacant. The property benefits from a permitted R8B zoning designation and substantial air rights totaling 4,341 square feet, offering significant potential for conversion or new development. Its prime location, just half a block from Tompkins Square Park, provides unparalleled access to a vibrant neighborhood and excellent public transportation, including the 4, 5, 6, N, Q, R, and W subway lines. The existing structure, while currently vacant, provides a solid foundation for a variety of redevelopment projects. This is a rare chance to acquire a substantial property in one of Manhattan's most sought-after neighborhoods. The property's size, zoning, and location combine to create an exceptional opportunity for a savvy investor.

Highlights

  • 5,956-square-foot existing building.
  • 22 feet of frontage in the prime East Village location.
  • Fully vacant and ready for immediate occupancy.
  • 4,341 square feet of transferable air rights.
  • Excellent conversion or development potential.
  • Exceptional location adjacent to Tompkins Square Park and multiple subway lines (4, 5, 6, N, Q, R, W).

Property Details for 121 7Th St

Property type
Mixed-use properties, Land
Square Feet
5,956 SF

Location Insight

City
New York
County
New York
State
New York
Latitude
40.7265673
Longitude
-73.9842054
121 7Th St, New York, New York

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121 7Th St
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