Corner Assemblage for Future
For Sale
Contact for pricing
928 3rd Ave, New York, NY 10022
Rare opportunity: corner assemblage for future development in New York.
Property Size20,081 SF
Lot Size0.11 Acres
Days on Market734
Property Features for 928 3rd Ave
General Information
Standard status
Active
Size
20,081 SF
Class
B
Lot size
0.11 Acres
Property subtype
Land, Mixed Use
Zoning
C6-6
Lease Type
NNN
Building Details
Units
20
Tenancy
Multi
Listing Agency:
MIdtown - Keller Williams NYC
(646) 383-1165
Listed By:
Mirza Avdovic · License #NY 10401278796
Source:
Crexi
Added: Aug 7, 2024
Changed: Aug 9
Last Checked: Aug 9 at 7:48PM
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 MIdtown - Keller Williams NYC
Investment Insights
Based on property information with market context.
A rare opportunity exists to acquire a corner assemblage of three lots located at the corner of East 56th Street and 3rd Ave. The properties, consisting of 926-928 Third Ave, 930 Third Ave and 164 East 56th Street, offer a 50 x 95 ft lot size suitable for future development. The properties encompass 71,835 square feet of commercial space and 47,890 square feet of residential space. Located on the southwest corner of 56th St and Third Ave, the property benefits from a robust public transportation network, including the 4, 5, 6, F, N, R, and W trains, as well as MTA buses. The properties have favorable C6-6 zoning, allowing for approximately 71,835 square feet of future development. The commercial component consists of 5 units generating $891,149.40 of existing rents. The residential component consists of 15 units generating $320,420.40 with future upside. The collection of properties is being offered for the first time as it has been in the same family for 45 years.
Key Highlights
- Rare corner assemblage of three lots (50 x 95 Ft) at the corner of East 56th Street and 3rd Ave, offered for the first time in 45 years.
- Favorable C6‑6 zoning as of right with approximately 71,835 SF of future development.
- Existing commercial component of 5 units generating $891,149.40 in rents.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
46,622
Businesses Nearby
Explore this area
Business Placement
Demographics for 10022, NY
36,708
Population
25,686
Households
1.4
Avg Household Size
45
Median Age
84%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
91,770
Density / Sq Mi
$171,038
Median Household Income
$119,657
Median Earnings
$2,928
Median Rent
$1,116,700
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Rare opportunity: corner assemblage for future development in New York.
Where is this commercial land located?
The property is located at 928 3rd Ave New York, NY.
What are key features of this property?
This property features: Rare corner assemblage of three lots (50 x 95 Ft) at the corner of East 56th Street and 3rd Ave, offered for the first time in 45 years.; Favorable C6‑6 zoning as of right with approximately 71,835 SF of future development.; Existing commercial component of 5 units generating $891,149.40 in rents.
