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