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1800 Park Ave New York, NY 10035

Prime East Harlem land, 488,759 ZFA

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional East Harlem development opportunity presents a 36,078 sq ft lot at 1800 Park Avenue, offering a substantial 488,759 buildable square feet as of right. The site boasts significant frontage on Park Avenue, East 124th Street, and East 125th Street, providing excellent light and air. Zoned C4-7, 125th Street Special District, it allows for both residential and commercial development. Existing structures have been demolished and the site excavated, saving developers considerable time and cost. The property includes transferred development rights from an adjacent property, adding 127,982 buildable square feet. Further density increases are possible through various bonus programs, potentially reaching 682,317 buildable square feet. Comprehensive massing and zoning studies are available. The site's prime location offers convenient access to multiple subway lines (4, 5, 6) and the Metro-North Harlem-125th Street station, connecting to Grand Central Terminal and beyond. Nearby amenities include the Apollo Theater, El Museo del Barrio, and Marcus Garvey Park. This is a rare chance to create a landmark development in a thriving East Harlem neighborhood.

Highlights

  • 488,759 buildable square feet (ZFA), expandable to 682,317 sq ft via bonus programs.
  • Significant frontage on Park Avenue, East 124th, and East 125th Streets, providing excellent light and air.
  • C4-7 zoning (125th Street Special District) allows for residential and commercial development as-of-right.
  • Demolished and excavated site; vacant possession.
  • Includes 127,982 sq ft of transferred development rights (TDRs).
  • Excellent accessibility: nearby 4, 5, 6 subway lines and Metro-North Harlem-125th Street station.

Property Details for 1800 Park Ave

Property type
Land

Location Insight

City
New York
County
New York
State
New York
Latitude
40.804936
Longitude
-73.939793
1800 Park Ave, New York, New York

FAQs

What type of property is this?
Land - Prime East Harlem land, 488,759 ZFA
Where is the land located?
The property is located at 1800 Park Ave New York, NY.
What are key features of this property?
This property features: 488,759 buildable square feet (ZFA), expandable to 682,317 sq ft via bonus programs.; Significant frontage on Park Avenue, East 124th, and East 125th Streets, providing excellent light and air.; C4-7 zoning (125th Street Special District) allows for residential and commercial development as-of-right.
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1800 Park Ave
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