Prime Development Site on Park
For Sale
Contact for pricing
1800 Park Avenue New, York, NY 10035
Excavated development site with significant zoning floor area.
Property SizeContact for details
Days on Market157
Property Features for 1800 Park Avenue New
General Information
Standard status
Active
Property subtype
Mixed-Use Development Site
Listing Agency:
BKREA
(917) 509-9501
Listed By:
Bob Knakal · License #10301211305
Source:
Bkrea
Added: Mar 5
Changed: Aug 8
Last Checked: Jul 16 at 8:01AM
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 development site offers a zoning floor area (ZFA) of 488,759, with the potential to increase to 682,317 through bonus programs. The location benefits from substantial frontage along Park Avenue, East 124th Street, and East 125th Street, providing ample light and air. Zoned C4-7 within the 125th Street Special District (TA*), the site allows for both residential and commercial development as of right. Existing structures have been demolished, and the site has been excavated. The current ownership has acquired neighboring Transfer of Development Rights (TDRs), adding an additional 127,982 ZFA. The property is located near the 125th Street-Lexington Avenue subway station, providing access to the 4, 5, and 6 lines. Additionally, the Metro North station is situated at the corner of 125th Street and Park Avenue.
Key Highlights
- Significant development potential with a ZFA of 488,759, expandable to 682,317 through bonus programs.
- Prime location with substantial frontage on Park Avenue, East 124th Street, and East 125th Street, ensuring excellent light and air.
- Zoning C4‑7, 125th Street (Special District), TA* allows for both residential and commercial development as of right.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,029
Businesses Nearby
Explore this area
Business Placement
Demographics for 10035, NY
35,980
Population
16,340
Households
2.2
Avg Household Size
38
Median Age
31%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
25,700
Density / Sq Mi
$40,556
Median Household Income
$44,042
Median Earnings
$1,283
Median Rent
$663,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Excavated development site with significant zoning floor area.
Where is this commercial land located?
The property is located at 1800 Park Avenue New York, NY.
What are key features of this property?
This property features: Significant development potential with a ZFA of 488,759, expandable to 682,317 through bonus programs.; Prime location with substantial frontage on Park Avenue, East 124th Street, and East 125th Street, ensuring excellent light and air.; Zoning C4‑7, 125th Street (Special District), TA* allows for both residential and commercial development as of right.
