1425 4879 East Harlem - Agorafy

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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. June 25, 2015 9:59 AM

211 East 120th Street, New York, NY 10035

N

1,425 Sq. Ft. Warehouse Building w/ Curb Cut & 4,879 Sq. Ft. of Air Rights | FOR SALE

1,425

70 St ee

4,879

Existing SF

167 St stead v

East Harlem

Air Rights

Location

Property Information

10

Address

211 East 120th Street, New York, NY 10035

Location

The subject property is located on the north side of East 120th Street between 2nd and 3rd Avenues

Block (Lot)

1785 / 6

Stories

1

Zoning (FAR)

R7A

(4.00)

Lot Dimensions

18.75' x 100.92'

(Irr.)

Lot Size

1,576

Sq. Ft. (Approx.)

D

B

BS

M GE Dimensions COBRID ABuilding

18.75' x 76'

Building Size Bx6 to Hunts

1,425

Pt Food Ctr via Buildable Sq. Ft. Yankee Stadium

6,304

Air Rights

4,879

M M DA Bx

6

Sq. Ft. (Approx.)

98

HA

N

$78,072

Harlem 148 St

W 150 ST

RIV

FREDERICK DOUGLASS BLVD

EM

RL

Assessment (15/16) 3 Taxes (15/16) ER

$8,341

DR

7 102 1

E Investment Highlights DG 2 BRI

W 147 ST W 146 ST

ST 145 Bx19 to Botanical

Bx

19

W 145 ST

3 Ariel Property Advisors 211 East 120th Street, a one-story warehouse with a curb cut loGardenpresents via 145 ST Southern cated on the north side ofBlvdEast 120th Street between 2nd and 3rd Avenues. Currently being used as a warehouse, this 1,425 square foot property represents a unique opportunity for owner-users seeking professional space. The property also presents a prime development opportunity as R7A zoning allows for approximately 6,304 buildable square feet, as-of-right. The building will be delivered vacant. The GE RID its prime East Harlem location and is steps away from the Hunter property benefits tremendouslyNfrom AV B W 139 ST O S I D School of Social Work, theMAEast River Plaza and various new construction rental and condominium TH NOR RO projects alongW 137Third Avenue. Located just 5 blocks away from the 4, 5 and 6 trains, downtown ManhatST MET 4 tanSCHOMBURG and the outer boroughs are easily accessible from this property. 5 CENTRE 102 7

2

Bx

4 5 6

Bx

103

100

O

1 AV

6 116 102

W 116 ST

98 101

E 116 ST

116

PLEASANT AV

S LA

2 3

EAST HARLEM

3 AV 116 ST

LEXINGTON AV

O CH

PARK AV

MADISON AV

E 120 ST

5 AV

NI

OLAS AV 116 St

Subject Property

101 103

AV

MT MORRIS PARK W

MARCUS GARVEY PARK

35

East 121st Street

60 35

1785

E 125 ST

IN

ST NICH

ST FREDERICK DOUGLASS BLVD

ROBERT F. KENNEDY BRIDGE

15

125 St

RANDALL’S ISLAND 6 35

ICAHN STADIUM

East 120th Street

116

102

AV 1

1

2

JEFFERSON

PARK Asking Price: $1,300,000 E 112 ST

W 112 ST

Central Park North (110 St)

15

2 3 2

CENTRAL PARKDANA DISCOVERY CENTRAL NORTH HARLEM LASKER RINK

MEER

E 110 ST

E 110 ST

6 110 ST 2

1

4

3

2

1

4

3

For More Information Please ContactWARD’S Our Exclusive Sales Agents 15

ISLAND

Jesse EDeutch 106 ST

106

212.544.9500 x.18

106

E 105 ST 212.544.9500 x.13 E 104 ST

[email protected] E 102 ST

Matthew Gillis

Sam Atlas

212.544.9500 x42

212.544.9500 x48

[email protected] RO 60

[email protected]

BER

T F.

KEN

NED

Ariel Property Advisors | Building Results | 122 East 42nd Street, Suite 1015 - New York NY 10168 Y| B212.544.9500 | arielpa.com RID 4 106

NORT MEADOW

Michael A.E 106Tortorici ST FDR DRIVE

MUSEO DEL BARRIO 6 MUSEUO OF [email protected] 103 ST CITY OF NEW YORK 1 3

B C 103 ST 10

35

E 126 ST

D LA PA

W 122 ST

B C

Tax map

15 35

E 124 ST

STUDIO MUSEUM IN HARLEM

Cathedral Pkwy (110 St)

Bx15 to Fordham Plaza via Third Av

3rd Avenue

METRO NORTH

Bx

60 15 100 101

2 3

10

W 116 ST

98

LLI 125 ST

DR MARTIN LUTHER KING BLVD

B C

GE

Bx

15

98

1

3

4 106

101 102 103 98

E 100 ST

GE

2nd Avenue

1

RID

W 130 ST

Bx15 from Fordham Plaza

VB

1

ROBERT F. KENNEDY BRIDGE

GE

RID VB

Location map

APOLLO THEATRE

116 St

THE BRONX

WI

HARLEM

6

Bx

33

3A

W 131 ST

W 135 ST

33

211 East 2 3 120th Street stands out as a prime opportunity for owner-users and developers looking for a 135 ST foothold in Northern Manahttan. LENOX AV

WESLEY WILLIAMS PL

ADAM CLAYTON POWELL JR BLVD (7 AVENUE)

1

SA

W 139 ST

2 AV

10