East Harlem Commercial Redevelopment
For Sale
$7,999,000
2252 3rd Avenue, New York, NY 10035
COMMERCIAL - New York, NY
Property Size14,500 SF
Lot Size0.11 Acres
Price / SF$551.66
Days on Market154
Property Features for 2252 3rd Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C4-6
Basement
Full
Subdivision
East Harlem
Standard status
Active
Size
14,500 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Annual Amount
36225
Building Details
Year built
1900
Floors in Building
3
Number of units
1
Building materials
Brick
Roof type
Asphalt, Flat
Listing Agency:
RE/MAX Real Estate Professiona
(718) 532-2000
Listed By:
Billy Apter · License #BEA5721
(718) 532-2000
Added: Mar 2
Changed: May 12
Last Checked: Aug 3 at 5:06AM
MLS# 499264
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Investment Insights
Based on property information with market context.
This commercial property, situated in East Harlem, presents a redevelopment opportunity. Currently, the site hosts an established neighborhood department store encompassing 14,500 square feet across three stories, along with a full basement. The basement comprises 5,000 square feet of retail space and 9,500 square feet of storage space. The property is suitable for an end user seeking entry or expansion within this Manhattan submarket. Alternatively, the 0.1148-acre lot, measuring 50 x 100, offers redevelopment potential with over 50,000 buildable square feet and an allowed FAR of 10.0. Its mid-block position, adjacent to other potential assemblage lots, enhances its appeal for investors and developers. Located in an MIH zone, the property may qualify for higher density development and applicable tax abatement programs. The property is zoned C4-6.
Key Highlights
- 50,000 buildable sqft in East Harlem.
- Located in an MIH zone, potentially allowing for higher density build and tax abatements.
- Prime location on 3rd Avenue.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
7,202
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 - Prime East Harlem commercial property with significant redevelopment potential.
Where is this commercial land located?
The property is located at 2252 3rd Avenue New York, NY.
What is the asking price?
The asking price for this property is $7,999,000.
What are key features of this property?
This property features: 50,000 buildable sqft in East Harlem.; Located in an MIH zone, potentially allowing for higher density build and tax abatements.; Prime location on 3rd Avenue.
