ASHINGTON BRIDGE
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