2047 2nd Avenue, New York, NY 10029

This buildable lot is available for sale on the northwest corner of East 105th Street and 2nd Avenue in East Harlem. Preliminary zoning analysis by the sellers’ architect indicates an R9A zoning designation with an MIH (Mandatory Inclusionary Housing) component, supporting an FAR of 8.5 (approximately 20,000 buildable square feet). The plan contemplates a maximum of 14 stories with 9'-7" floor-to-floor heights and an overall building height of 134'-9". The building footprint is indicated as 1,862.3 square feet, for a total of 27 dwelling units with Gross Floor Area of about 931 square feet per unit. The analysis notes that part of the program may shift if the developer uses the ground floor for commercial space and a resident lobby.

A key feature of the offering is the included air rights. The seller indicates 5,696 square feet of floor area air rights are available to be transferred from Lot 22, associated with the adjacent property at 2049 2nd Ave (same owner). The stated transfer would yield approximately 25,705 total buildable square feet, while leaving 6,631.98 square feet available on Lot 22 after the existing building is deducted. The sellers also note the need to verify related approvals tied to the 2nd Avenue subway extension through MTA.

For developers, this site offers a clear, zoning-based framework for a mid-rise residential building, with optional ground-floor commercial and lobby use depending on design and approvals. The adjacent building at 2049 2nd Ave is also available for sale as an income-producing mixed-use free market investment, and a package deal may be considered.