24375 R7-2 / C1-5 50' 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 Bx3 Riverdale 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, 238 St - Bway 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 22, 2015 9:46 AM Bx11 to West Farm Rd via 170 St Bx13 to Yankee Stadium via Odgen Av Bx35 to West Farms Rd via 167 St Bx36 to Olmstead Av/Randall Av via 180 St

1655 Madison Avenue, New York, NY 10029

24,375 Buildable Sq. Ft. East Harlem Development Site, Approved Plans Available | FOR SALE

24,375 R7-2 / C1-5 Buildable SF

50'

Zoning

East Harlem

Lot Frontage

Location

Property Information Address

1616 / 21

Lot Dimensions Bx6 to Hunts

50' x 75'

M M DA

B D Bx

6

98

Pt Food Ctr via Yankee Stadium

3,750

Harlem 148 St

ER

3

DR

Buildable SF 7 102

FAR

4.0

(as-of-right)

17,887

(as-of-right)

RIV

FREDERICK DOUGLASS BLVD

EM

FAR W 150 ST

Sq. Ft. (Approx.)

R7-2 / C1-5

RL HA

BRADHURST AV

Lot Size

Zoning (FAR)

JACKIE ROBINSON PARK

6.5

1

W 147 ST

(w/ Community Facility) E

Buildable SF

G RID 24,375 ST B

W 146 ST

3 Assesment (15/16)

$308,700 Garden via

Taxes (15/16)

$39,683

145 ST

Southern Blvd

102 7

2

10

(w/ Community Facility)

145 Bx19 to Botanical

Bx

19

W 145 ST

2

Current

Investment Highlights SON

W 139 ST

W 139 ST

GE

ADI

RID AV B

Bx

1

Bx

98

15

98

LLI

WI Bx

A C

15

35

Bx

35

60 15 100 101

15

1 AV 116 102

W 116 ST

2

6 2

1

4

3

96 106

East 110th Street

106

E 104 ST

6

Asking Price: $7,500,000

103 ST 1

3

E 102 ST

1

101 102

3

103 98

4 106

60

ROB

ERT

F. K

ENN

EDY

For More Information Please Contact Our Exclusive Sales Agents

5 AV

E 100 ST

Shimon Shkury

Michael A. Tortorici

101 102 103 98

E 97 ST

CENTRAL PARK212.544.9500 x11

[email protected] 96 ST

E 106 ST E 105 ST

212.544.9500 x12 B C

3 106

96

E 96 ST

Matthew Gillis

BRID

GE M60 LaGuardia Airport

Josh Berkowitz

Sam Atlas

212.544.9500 x13 E 96 ST

212.544.9500 x42

212.544.9500 x41

212.544.9500 x48

[email protected]

[email protected]

[email protected]

[email protected]

96

6 [email protected] 96 ST

E 94 ST TON AV

JEWISH MUSEUM

AV

Ariel Property Advisors | Building Results | 122 East 42nd Street, Suite 1015 - New York NY 10168 | 212.544.9500 | arielpa.com N AV

W 96 ST

EST

W 97 ST

4

FDR DRIVE

Victor Sozio

1

E 106 ST

4 106

W 100 ST

2

1616

WARD’S 21 ISLAND

15

110 ST

MEER

MUSEO DEL BARRIO MUSEUO OF THE CITY OF NEW YORK

NORT MEADOW

E 110 ST

E 110 ST

East 111th Street

35

Madison Avenue

15

B C 103 ST 10

2 AV

E 112 ST

W 112 ST

2 3

LASKER RINK

1

JEFFERSON PARK

Subject Property

Central Park North (110 St)

Tax map

116

1

1

CENTRAL PARKDANA DISCOVERY CENTRAL NORTH HARLEM

W 103 ST

E 116 ST

RANDALL’S ISLAND ICAHN STADIUM

AV

7 116

98 101

116

102

B C

4

EAST HARLEM

3 AV

6

116

Cathedral Pkwy (110 St)

116 ST

LEXINGTON AV

2 3

2

7

PARK AV

MADISON AV

116 St

S LA

W 116 ST

E 120 ST

5 AV

O CH

FREDERICK DOUGLASS BLVD

NI B C

AV

MANHATTAN AV

O

PARK

Location map

116 St

IN

101 103

OLAS AV

ST

ST NICH

3

AD

W 122 ST

100

L PA

10

MT MORRIS PARK W

103

Bx

15

101

35

60 35

PLEASANT AV

B D 125 ST

3

VB

1

RID

Bx15 to Fordham 1655 Madison Avenue is located in an expanding neighborhood, surrounded W 130 ST Plaza via Third Av by bustling retail and several new residential developments. Local attractions include The Harlem Meer, Central Park, Marcus Garvey Park, and Mt. Sinai HosMETRO access 4 5 pital. The property also enjoys easy to lower Manhattan and the outer NORTH 125 ST APOLLO 6 E 126 ST boroughs via blocks away at East 110th ROBERT Street and BRIDGE 2 3 the 6 subway train just two F. KENNEDY THEATRE 125 St E 125 ST DR MARTIN LUTHER KING BLVD Lexington Avenue. Offering an accessible, centralized location and approved E 124 ST development STUDIOplans, 1655 Madison Avenue offers any investor the ability to capiMARCUS talize on INMUSEUM this expanding market today. HARLEM GARVEY

HARLEM

E

ROBERT F. KENNEDY BRIDGE

GE

RID

VB

Fordham Plaza

GE

W 131 ST

THE BRONX

Bx

3A

HOLAS RK

33

33

LENOX AV

Bx

33

ADAM CLAYTON POWELL JR BLVD (7 AVENUE)

1

135 ST B C

SA

S AV

M TH Ariel Property Advisors presents 1655 Madison Avenue, a 50’ wide development NOR RO W 137 ST MET 4Avenue between East 110th Street and site located on the east side of Madison SCHOMBURG CENTRE in East Harlem. Zoned5 R7-2/C1-5 (4.00/2.00 FAR), the propEast 111th Street WESLEY W 135 ST 6 WILLIAMS erty PLpermits approximately 24.375 buildable square feet (w/ CF Bonus) or 17,887 2 3 buildable square feet as-of-right for mixed-use development. The property will 135 ST be delivered with DOB approved building plans - please inquire for more details. Bx15 from

31 86

E 92 ST V

EDGECOMBE AV

East side of Madison Avenue between East 110th and 111th Streets

BS E

B

OM G Block / Lot AC BRID

Park Avenue

Location D

10

Proposed

1655 Madison Avenue, New York, NY 10029