Vacant Mixed-Use Development
For Sale
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1600-1602 Lexington Avenue, New York, NY 10029
Vacant 33-foot-wide development site on Lexington Avenue with R7-2/C1-5 zoning offering buildable space for mixed-use.
Property SizeContact for details
Days on Market122
Property Features for 1600-1602 Lexington Avenue
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Ariel Property Advisors
(212) 544-9500
Listed By:
Michael Tortorici · License #NY 401085153
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: May 7 at 4:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ariel Property Advisors
Investment Insights
Based on property information with market context.
1600–1602 Lexington Avenue is a vacant, west-side development site with approximately 33 feet of frontage on Lexington Avenue. The property is zoned R7-2/C1-5, which provides approximately 9,948 buildable square feet as-of-right for a mixed-use project with the site’s specified FAR allowances.
The site also allows a larger overall buildout of approximately 16,166 square feet by using the entire site as a community facility, or by adding a community facility in addition to retail and residential components. Additional floor area may be incorporated below grade.
The location sits between East 101st Street and East 102nd Street near the border of East Harlem and the Upper East Side. The site is steps from multiple charter schools and two major hospitals, Mount Sinai Hospital and Metropolitan Hospital, and is described as benefiting from a community facility bonus suitable for educational, medical, or non-profit uses.
The site also allows a larger overall buildout of approximately 16,166 square feet by using the entire site as a community facility, or by adding a community facility in addition to retail and residential components. Additional floor area may be incorporated below grade.
The location sits between East 101st Street and East 102nd Street near the border of East Harlem and the Upper East Side. The site is steps from multiple charter schools and two major hospitals, Mount Sinai Hospital and Metropolitan Hospital, and is described as benefiting from a community facility bonus suitable for educational, medical, or non-profit uses.
Key Highlights
- Vacant 33’ wide development site on the west side of Lexington Avenue between E 101st St and E 102nd St
- R7‑2/C1‑5 zoning with approximately 9,948 buildable SF as‑of‑right for a mixed‑use project
- Larger potential: 16,166 SF possible using the full site as a community facility or adding a community facility with retail and residential
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
11,225
Businesses Nearby
Explore this area
Business Placement
Demographics for 10029, NY
78,141
Population
36,955
Households
2.1
Avg Household Size
36
Median Age
36%
College-Educated
78%
High-School Grad
1.2 sq mi
ZIP Area
65,118
Density / Sq Mi
$38,308
Median Household Income
$41,951
Median Earnings
$1,183
Median Rent
$818,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Vacant 33-foot-wide development site on Lexington Avenue with R7-2/C1-5 zoning offering buildable space for mixed-use.
Where is this commercial land located?
The property is located at 1600-1602 Lexington Avenue New York, NY.
What are key features of this property?
This property features: Vacant 33’ wide development site on the west side of Lexington Avenue between E 101st St and E 102nd St; R7‑2/C1‑5 zoning with approximately 9,948 buildable SF as‑of‑right for a mixed‑use project; Larger potential: 16,166 SF possible using the full site as a community facility or adding a community facility with retail and residential
