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Corner Development Site Land Parcel
For Sale
Contact for pricing
Pending

1985-1991 Third Avenue, New York, NY 10029

Recently upzoned corner lot offered as a bankruptcy auction, located near major transit and a large park.

Property SizeContact for details
Lot Size0.21 Acres
Days on Market135

Property Features for 1985-1991 Third Avenue

General Information

Standard status Pending
Lot size 0.21 Acres
Property subtype Land, Mixed Use
Zoning R9/C2-5

Additional Details

Opportunity Zone Yes
Listing Agency: Maltz Auctions
Listed By: Richard Maltz · License #NY 10311204111
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Apr 11 at 12:01AM

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 Maltz Auctions

Investment Insights

Based on property information with market context.

This for-sale development land parcel consists of 9,285 square feet and is configured as a corner lot with frontage of 100.92’ x 92’. The site is listed as substantially vacant, with one existing residential rent-controlled tenant. The property is described as a recently upzoned opportunity zone site with primary zoning noted as R9/C2-5.

The property is located at 1985–1991 Third Avenue in Manhattan, with access to multiple transit options. It is stated to be one block to the MTA 4/6 Subway at 110th Street Station, with additional subway service referenced at 106th Street, and bus lines listed as M15, M101, M102, and M103. The parcel is also described as directly across from a 1.5+ acre NYC park (Poor Richard’s Playground) and approximately four blocks east of Central Park.

The submission also references the bankruptcy auction context through the United States Bankruptcy Court, Eastern District of New York, In Re: 1989 3Ave LLC (Case # 18-47234-nhl).

Key Highlights

  • 9,285 SF corner lot (100.92' x 92') substantially vacant
  • Recently upzoned; primary zoning R9/C2‑5
  • Opportunity Zone development site

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Accounting Firm Dental Office Acupuncture Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

11,076
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Recently upzoned corner lot offered as a bankruptcy auction, located near major transit and a large park.
Where is this residential land & home lot located?
The property is located at 1985-1991 Third Avenue New York, NY.
What are key features of this property?
This property features: 9,285 SF corner lot (100.92' x 92') substantially vacant; Recently upzoned; primary zoning R9/C2‑5; Opportunity Zone development site
(516) 349-7022 Call to check price and availability
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