Block-Through Mixed-Use Development
259 West 123rd Street, New York, NY 10027
For Sale
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A block-through parcel with flexible zoning options for residential, commercial, or community facility development.
Property SizeContact for details
Days on Market161
Property Features for 259 West 123rd Street
General Information
Standard status
Property subtype
Site & Location
Neighborhood
Listing Agency:
B6 REAL ESTATE ADVISORS
Listed By:
Jonathan Buerger · License #10401339131
(646) 933-2608
Source:
B6realestateadvisors
Added: Jun 2
Changed: Nov 6
Last Checked: Nov 8 at 4:58AM
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 B6 REAL ESTATE ADVISORS
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Investment Insights
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This block-through development site offers approximately 50 feet of frontage along West 123rd Street and 37 feet along West 124th Street, spanning about 201.84 feet in depth. The property is being offered with vacant possession, providing a straightforward starting point for a new mixed-use concept. The configuration supports a flexible approach to site planning within the stated zoning framework.
The parcel is located between Frederick Douglass Boulevard and Adam Clayton Powell Jr. Boulevard in Manhattan’s Harlem area, with access along both West 123rd Street and West 124th Street. It is positioned one block from the 125th Street subway station, supporting convenient transit access for prospective tenants, residents, and visitors.
From a development perspective, the property presents an “as of right” opportunity under R7A and C4-4D (R8A) Districts. The zoning flexibility is described as permitting residential, commercial, or community facility development, which can help guide a range of joint venture strategies and yield-driven programming. The exclusive joint venture arrangement also indicates a focused path for a partner-led redevelopment plan.
The parcel is located between Frederick Douglass Boulevard and Adam Clayton Powell Jr. Boulevard in Manhattan’s Harlem area, with access along both West 123rd Street and West 124th Street. It is positioned one block from the 125th Street subway station, supporting convenient transit access for prospective tenants, residents, and visitors.
From a development perspective, the property presents an “as of right” opportunity under R7A and C4-4D (R8A) Districts. The zoning flexibility is described as permitting residential, commercial, or community facility development, which can help guide a range of joint venture strategies and yield-driven programming. The exclusive joint venture arrangement also indicates a focused path for a partner-led redevelopment plan.
Key Highlights
- Block‑through development site at 259 West 123rd Street, Manhattan, between Frederick Douglass Blvd and Adam Clayton Powell Jr. Blvd
- Approximately 50' frontage along West 123rd St and 37' frontage along West 124th St, spanning 201.84' in depth
- Flexible zoning permitting residential, commercial, or community facility development
Property Analytics
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Location Intelligence
Trade Area within ½ mile
9,915
Businesses Nearby
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Business Placement
Demographics for 10027, NY
64,037
Population
28,038
Households
2.3
Avg Household Size
32
Median Age
52%
College-Educated
87%
High-School Grad
0.9 sq mi
ZIP Area
71,152
Density / Sq Mi
$64,220
Median Household Income
$44,231
Median Earnings
$1,609
Median Rent
$915,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - A block-through parcel with flexible zoning options for residential, commercial, or community facility development.
Where is this commercial land located?
The property is located at 259 West 123rd Street New York, NY.
What are key features of this property?
This property features: Block‑through development site at 259 West 123rd Street, Manhattan, between Frederick Douglass Blvd and Adam Clayton Powell Jr. Blvd; Approximately 50' frontage along West 123rd St and 37' frontage along West 124th St, spanning 201.84' in depth; Flexible zoning permitting residential, commercial, or community facility development
