Commercial Development
For Sale
Contact for pricing
1621-1625 Second Avenue, New York, NY 10028
C1-9-zoned assemblage with existing mixed-use buildings and substantial residential, community facility, and commercial development capacity.
Property SizeContact for details
Days on Market15
Property Features for 1621-1625 Second Avenue
General Information
Standard status
Active
Property subtype
Land
Zoning
C1-9 (R10)
Investment Type
Redevelopment
Building Details
Buildings
3
Listing Agency:
BKREA
(917) 509-9501
Listed By:
Bob Knakal · License #NY 10301211305
Source:
Crexi
Added: Aug 17
Changed: Aug 30
Last Checked: Aug 31 at 5:00AM
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 BKREA
Investment Insights
Based on property information with market context.
This commercial land offering combines two tax lots totaling 6,506 square feet on Second Avenue. Each lot currently contains a 4-story mixed-use building, while the assemblage provides approximately 75 feet of frontage along the avenue. The property is zoned C1-9, equivalent to R10, with an as-of-right FAR of 10 for residential or community facility use and up to 2 FAR for commercial use. These provisions support 65,060 square feet of zoning floor area, including up to 13,012 square feet of commercial space.
Residential density may reach 12 FAR, or 78,072 square feet of zoning floor area, through Residential UAP. The affordability component may be constructed on-site or addressed through the purchase of offsite UAP, which is not included in the sale. The site is located in Manhattan's Upper East Side on the west side of Second Avenue between East 84th and East 85th Streets, near schools, parks, restaurants, and retail destinations.
Residential density may reach 12 FAR, or 78,072 square feet of zoning floor area, through Residential UAP. The affordability component may be constructed on-site or addressed through the purchase of offsite UAP, which is not included in the sale. The site is located in Manhattan's Upper East Side on the west side of Second Avenue between East 84th and East 85th Streets, near schools, parks, restaurants, and retail destinations.
Key Highlights
- 6,506‑square‑foot assemblage of two tax lots
- Approximately 75 feet of frontage on Second Avenue
- Existing 4‑story mixed‑use building on each tax lot
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
19,014
Businesses Nearby
17k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 72%
Dining 28%
7-Eleven
Shops & Services
6,122 visits/mo
0.4 miles
Bareburger
Dining
4,753 visits/mo
0.3 miles
7-Eleven
Shops & Services
3,182 visits/mo
0.3 miles
Public Storage
Shops & Services
2,808 visits/mo
0.5 miles
Demographics for 10028, NY
48,116
Population
29,535
Households
1.6
Avg Household Size
39
Median Age
83%
College-Educated
98%
High-School Grad
0.3 sq mi
ZIP Area
160,387
Density / Sq Mi
$168,125
Median Household Income
$116,860
Median Earnings
$2,702
Median Rent
$1,600,400
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - C1-9-zoned assemblage with existing mixed-use buildings and substantial residential, community facility, and commercial development capacity.
Where is this commercial land located?
The property is located at 1621-1625 Second Avenue New York, NY.
What are key features of this property?
This property features: 6,506‑square‑foot assemblage of two tax lots; Approximately 75 feet of frontage on Second Avenue; Existing 4‑story mixed‑use building on each tax lot
