1655 Madison Ave New York, NY 10029
- Apartment buildings
- 16,459 SF
- 0.09 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 1655 Madison Ave
- Year built
- 2009
- Lot size
- 0.09 lot acres
- Property size
- 16,459 SF
- Zone code
- R7-2
- Property type
- Apartment buildings
- APN
- 01616-0021
- APU
- 16160021
Description
This exceptional 3,750 square foot vacant lot at 1655 Madison Avenue, New York, NY 10029 presents a unique development opportunity. Situated in a prime location between East 110th and East 111th Streets, this property boasts R7-2 and C1-5 zoning, offering considerable flexibility for various projects. Its convenient proximity to Central Park and the 2, 3, and 6 subway lines enhances its appeal. The lot benefits from protected light and air to the south, thanks to an adjacent community garden created from a donated corner lot. Previously approved plans for the site included a substantial development encompassing 22,000 gross square feet, 15,000 net square feet, and 19 residential units, providing a strong foundation for future development. This is an exceptional chance to capitalize on a highly desirable location and create a significant return on investment. Detailed information is available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9473
- Latitude
- 40.7963
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
