12191 r8a / c1-5 25' east harlem - Agorafy
Theinformationcontainedhereinhaseitherbeengiventousbytheownerofthepropertyorobtainedfromsourcesthatwedeemreliable.Wehavenoreasontodoubtitsaccuracybutwedonotguaranteetheaccuracyofany information provided herein. As an example, all zoning information, buildable footage estimates and indicated uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example, and does not necessarily relate to actual vacancy, if any. The value of this prospective investment is dependent upon these estimates and assumptions made below, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. The prospective buyer should carefully verify each item of income, and all other information contained herein. April 6, 2015 11:46 AM
2282 2ND AVENUE, NEW YORK, NY 10035 12,191 Buildable Sq. Ft. East Harlem Development Site | FOR SALE
12,191 R8A / C1-5
St
Buildable SF
St ad
25'
Zoning
EAST HARLEM
Lot Frontage
LOCATION
PROPERTY INFORMATION ADDRESS
2282 2ND AVENUE, NEW YORK, NY 10035
Location
The subject property is located on the northeast corner of 2nd Avenue and East 117th Street
Block / Lot
1689 / 1
Stories
1
Zoning (FAR)
R8A / C1-5
Lot Dimensions
25' x 81'
Lot Size
2,025
Sq. Ft. (Approx.)
12,191
Sq. Ft. (Approx.)
D
S MBDGE Area I COBuildable MA M BR DA
10
B
Building Dimensions
25' x 80'
Pt Food Ctr via Building Size Yankee Stadium
2,000
Sq. Ft. (Approx.)
Air Rights
10,191
Sq. Ft. (Approx.)
Bx6 to Hunts
Bx
6
(6.02)
98
HA
$16,562
EM
RL
Taxes (14/15) ER
3
RIV
Harlem 148 St
W 150 ST
DR
INVESTMENT HIGHLIGHTS 7 102 1
W 147 ST
GE
RID 2 Ariel Property Advisors ST B presents 2282 2nd Avenue, a prime corner development opportunity located at 145 Bx19 to Botanical 2nd Avenue and East 117th Street in East Harlem. 3
W 146 ST
Bx
19
W 145 ST
Garden via Southern Blvd
145 ST
The site currently contains a 2,000 square foot, single-story retail building that nearly occupies the entire 22’ x 81’ lot. This building will be delivered vacant. R8A/C1-5 zoning (6.02 FAR) provides approximately 12,191 total buildable square feet (as-of-right) for mixed-use development, allowing developers GE to capitalize on the area’s rapidly residential and retail markets. The property’s corner IDappreciating V BR ST N A to maximize asset’s residential potential with efficient unit layouts and O location alsoW 139allows developers S I D A M TH abundant light and air. NOR RO 102 7
2
W 139 ST
4
GE
RID
VB
Plaza via Third Avneighborhoods, 2282 2nd AvOffering a prime corner location in one of Manhattan’s fastest growing enue is a rare, mixed-use development site for mixed-use luxury condominiums or rentals. Bx
IS A
WI LL
4 5 6
1 AV
AV
2 AV
LA
6
S
116 102
116
PLEASANT AV
3 AV
5 AV
PARK AV
MADISON AV
Subject Property EAST HARLEM
98 101
LEXINGTON AV
MT MORRIS PARK W
O
E 120 ST
W 116 ST
E 116 ST
East 118th Street
RANDALL’S ISLAND
1689
35
ICAHN STADIUM
1
116
102
AV
East 117th Street
1
1
JEFFERSON
15
2 3 2
E 110 ST
E 110 ST
6 110 ST 2
1
4
3
Michael A. MEERTortorici
2
1
4
3
ISLAND
Victor Sozio 212.544.9500 x12 E 104 ST
6 103 ST
[email protected]
3
E 102 ST
Matthew Gillis
Josh Berkowitz
Sam Atlas
212.544.9500 x42
212.544.9500 x41
212.544.9500 x48
[email protected]
[email protected] RO
[email protected]
E 106 ST 106
E 105 ST
FDR DRIVE
BARRIO
60
BER
T F.
KEN
NED Ariel Property Advisors | Building Results | 122 East 42nd Street, Suite 1015 - New York NY 10168 Y B|R 212.544.9500 | arielpa.com I 4 106
NORT
15
E 106 ST
[email protected] MUSEUO OF THE 1
WARD’S For More Information Please Contact Our Exclusive Sales Agents 106
LASKER
RINK 212.544.9500 MUSEO DEL x13 CITY OF NEW YORK
PARK ASKING PRICE: $2,950,000 E 112 ST
W 112 ST
Central Park North (110 St)
ENTRAL PARKDANA DISCOVERY CENTRAL NORTH HARLEM B C 103 ST
IN
HO
C NI
OLAS AV
B C
100
101 103
116 ST
60 35
E 125 ST
D LA PA
ST NICH
ST
2 3
2
Cathedral Pkwy (110 St)
ROBERT F. KENNEDY BRIDGE
15
103
MARCUS GARVEY PARK
116 St
W 116 ST
35
E 126 ST
E 124 ST
STUDIO MUSEUM IN HARLEM
W 122 ST
TAX MAP
15 35
125 St
35
1st Avenue
METRO NORTH
Bx
60 15
100 101
2nd Avenue
125 ST
Bx
DR MARTIN LUTHER KING BLVD
B C
98
15
98
LOCATION MAP 2 3
APOLLO THEATRE
116 St
Bx15 to Fordham
VB RID
1
GE
3A
1
W 130 ST
ROBERT F. KENNEDY BRIDGE
THE BRONX
Bx
ARLEM
10
33
33
LENOX AV
W 131 ST
MET
Bx
1
W 137 ST
Avenue is surrounded5 by several new residential developments, bustling retail along 3rd ST Avenue andW 135 116th Street, and several6notable landmarks, including The East River Plaza, Hunter Col2 3 lege’s 135 STSchool of Social Work and Thomas Jefferson Park. The property enjoys easy access to lower Manhattan and the outer boroughs via the local 6 subway train, located just two blocks away at East Bx15 from 116th Street and Lexington Avenue. Fordham Plaza
ADAM CLAYTON POWELL JR BLVD (7 AVENUE)
WESLEY WILLIAMS PL
SCHOMBURG CENTRE 2282 2nd
1
3
4 106
101 102 103 98
E 100 ST
DGE
2282 2ND AVENUE, NEW YORK, NY 10035 12,191 Buildable Sq. Ft. East Harlem Development Site | FOR SALE
12,191 R8A / C1-5
St
Buildable SF
St ad
25'
Zoning
EAST HARLEM
Lot Frontage
LOCATION
PROPERTY INFORMATION ADDRESS
2282 2ND AVENUE, NEW YORK, NY 10035
Location
The subject property is located on the northeast corner of 2nd Avenue and East 117th Street
Block / Lot
1689 / 1
Stories
1
Zoning (FAR)
R8A / C1-5
Lot Dimensions
25' x 81'
Lot Size
2,025
Sq. Ft. (Approx.)
12,191
Sq. Ft. (Approx.)
D
S MBDGE Area I COBuildable MA M BR DA
10
B
Building Dimensions
25' x 80'
Pt Food Ctr via Building Size Yankee Stadium
2,000
Sq. Ft. (Approx.)
Air Rights
10,191
Sq. Ft. (Approx.)
Bx6 to Hunts
Bx
6
(6.02)
98
HA
$16,562
EM
RL
Taxes (14/15) ER
3
RIV
Harlem 148 St
W 150 ST
DR
INVESTMENT HIGHLIGHTS 7 102 1
W 147 ST
GE
RID 2 Ariel Property Advisors ST B presents 2282 2nd Avenue, a prime corner development opportunity located at 145 Bx19 to Botanical 2nd Avenue and East 117th Street in East Harlem. 3
W 146 ST
Bx
19
W 145 ST
Garden via Southern Blvd
145 ST
The site currently contains a 2,000 square foot, single-story retail building that nearly occupies the entire 22’ x 81’ lot. This building will be delivered vacant. R8A/C1-5 zoning (6.02 FAR) provides approximately 12,191 total buildable square feet (as-of-right) for mixed-use development, allowing developers GE to capitalize on the area’s rapidly residential and retail markets. The property’s corner IDappreciating V BR ST N A to maximize asset’s residential potential with efficient unit layouts and O location alsoW 139allows developers S I D A M TH abundant light and air. NOR RO 102 7
2
W 139 ST
4
GE
RID
VB
Plaza via Third Avneighborhoods, 2282 2nd AvOffering a prime corner location in one of Manhattan’s fastest growing enue is a rare, mixed-use development site for mixed-use luxury condominiums or rentals. Bx
IS A
WI LL
4 5 6
1 AV
AV
2 AV
LA
6
S
116 102
116
PLEASANT AV
3 AV
5 AV
PARK AV
MADISON AV
Subject Property EAST HARLEM
98 101
LEXINGTON AV
MT MORRIS PARK W
O
E 120 ST
W 116 ST
E 116 ST
East 118th Street
RANDALL’S ISLAND
1689
35
ICAHN STADIUM
1
116
102
AV
East 117th Street
1
1
JEFFERSON
15
2 3 2
E 110 ST
E 110 ST
6 110 ST 2
1
4
3
Michael A. MEERTortorici
2
1
4
3
ISLAND
Victor Sozio 212.544.9500 x12 E 104 ST
6 103 ST
[email protected]
3
E 102 ST
Matthew Gillis
Josh Berkowitz
Sam Atlas
212.544.9500 x42
212.544.9500 x41
212.544.9500 x48
[email protected]
[email protected] RO
[email protected]
E 106 ST 106
E 105 ST
FDR DRIVE
BARRIO
60
BER
T F.
KEN
NED Ariel Property Advisors | Building Results | 122 East 42nd Street, Suite 1015 - New York NY 10168 Y B|R 212.544.9500 | arielpa.com I 4 106
NORT
15
E 106 ST
[email protected] MUSEUO OF THE 1
WARD’S For More Information Please Contact Our Exclusive Sales Agents 106
LASKER
RINK 212.544.9500 MUSEO DEL x13 CITY OF NEW YORK
PARK ASKING PRICE: $2,950,000 E 112 ST
W 112 ST
Central Park North (110 St)
ENTRAL PARKDANA DISCOVERY CENTRAL NORTH HARLEM B C 103 ST
IN
HO
C NI
OLAS AV
B C
100
101 103
116 ST
60 35
E 125 ST
D LA PA
ST NICH
ST
2 3
2
Cathedral Pkwy (110 St)
ROBERT F. KENNEDY BRIDGE
15
103
MARCUS GARVEY PARK
116 St
W 116 ST
35
E 126 ST
E 124 ST
STUDIO MUSEUM IN HARLEM
W 122 ST
TAX MAP
15 35
125 St
35
1st Avenue
METRO NORTH
Bx
60 15
100 101
2nd Avenue
125 ST
Bx
DR MARTIN LUTHER KING BLVD
B C
98
15
98
LOCATION MAP 2 3
APOLLO THEATRE
116 St
Bx15 to Fordham
VB RID
1
GE
3A
1
W 130 ST
ROBERT F. KENNEDY BRIDGE
THE BRONX
Bx
ARLEM
10
33
33
LENOX AV
W 131 ST
MET
Bx
1
W 137 ST
Avenue is surrounded5 by several new residential developments, bustling retail along 3rd ST Avenue andW 135 116th Street, and several6notable landmarks, including The East River Plaza, Hunter Col2 3 lege’s 135 STSchool of Social Work and Thomas Jefferson Park. The property enjoys easy access to lower Manhattan and the outer boroughs via the local 6 subway train, located just two blocks away at East Bx15 from 116th Street and Lexington Avenue. Fordham Plaza
ADAM CLAYTON POWELL JR BLVD (7 AVENUE)
WESLEY WILLIAMS PL
SCHOMBURG CENTRE 2282 2nd
1
3
4 106
101 102 103 98
E 100 ST
DGE
