2367 2nd Ave, New York, NY

Listing agent Michael Musto Show Phone

Listing office Development Site Advisors Show Phone

Listing date Dec 17, 2024

Source Moodyscre

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Overview

This offering consists of a four-lot assemblage totaling 6,443 square feet of land. One of the lots includes a 2,890 square foot commercial building situated on the corner of Second Avenue and East 121st Street in East Harlem, New York. The lots have 100.92 feet of frontage along the avenue and a depth of 82.62 feet at its deepest point. The property is designated R9A/C2-5, EHC, allowing for up to approximately 54,766 buildable square feet for a new mixed-use building. The site is located in a qualified opportunity zone and is a few blocks from the future Q train subway station entrance at Second Avenue and East 118th Street. The building will be delivered vacant.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

New York

County

New York

State

New York

Longitude

-73.9354

Latitude

40.8005

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FAQs

What type of property is this?

Commercial land - Four-lot assemblage near future Q train station.

Where is this commercial land located?

The property is located at 2367 2nd Ave New York, NY.

What is the asking price?

The asking price for this property is $6,650,000.

What are key features of this property?

This property features: Large development site: 6,443 square feet of land allowing for ±54,766 buildable square feet.; Favorable zoning: R9A/C2‑5, EHC allows for a new mixed‑use building.; Qualified Opportunity Zone: Potential tax benefits for investors.