2148-2150 3rd Ave New York, NY 10035

Listing agency Nassimi Realty

Listed by jonathan loloi · License #NY 10401293661

Source Crexi

Added: Apr 11 Updated: Jul 21 at 3:04PM Checked: Jul 22 at 11:39AM

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Investment Insights

Based on property information with market context.

The offering includes a 2-story commercial building that has no lease-holding tenant and will be delivered vacant, along with significant air rights. The site is described as having a residential FAR of 10, under R-7A/C4-6 zoning, with approximately 64,350 buildable square feet cited for the development potential.

The parcel is also stated to include a contiguous vacant lot at 183 East 117th Street, which adds approximately 6,116 buildable square feet. That additional parcel is noted as potentially enabling a separate entrance for development on the side street. The site is subject to mandatory inclusionary housing (MIH) provisions and a Special district designation (EHC).

An additional assemblage possibility is mentioned, with approximately 100,000 BSF and nearly 80 feet of frontage on 3rd Avenue, subject to the buyer’s independent assessment of feasibility and building requirements.

Key Highlights

• Development opportunity in East Harlem with significant air rights and residential FAR of 10
• R‑7A/C4‑6 zoning allows approx. 64,350 buildable SF for the main site
• Includes contiguous vacant lot at 183 East 117th St with an additional 6,116 buildable SF

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FAQs

What type of property is this?

Commercial land - Vacant 2-story commercial building offered with air rights and zoning allowing substantial buildable development.

Where is this commercial land located?

The property is located at 2148-2150 3rd Ave New York, NY.

What are key features of this property?

This property features: Development opportunity in East Harlem with significant air rights and residential FAR of 10; R‑7A/C4‑6 zoning allows approx. 64,350 buildable SF for the main site; Includes contiguous vacant lot at 183 East 117th St with an additional 6,116 buildable SF