Assignments

East Harlem Development Site w/ Approved Plans

13 E 128th St, New York, NY 10035

13 E 128th St, New York, NY 10035

under contract

Asking
Sale Price
$
1100000

Property Details

Status
For Sale
Property Type
Residential Development Site
Price Summary
$
1100000
Sale Price
$
Buildable SF
5796
Building SF
5796
LOT SF
5796
Cap RATE
%
Zoning
R7B

Highlights

• 1,931 ft² development site with 5,793 buildable ft² • Approved plans in place, enabling immediate execution • Delivered vacant with demolition complete • Boutique residential development in a supply-constrained submarket • Proximity to 125th Street subway hub (4, 5, 6 and 2, 3 lines)

Property DEscription

13 East 128th Street presents a prime, shovel-ready development opportunity in East Harlem—an area experiencing steady residential growth and increasing investor interest. Situated on a 1,931 SF lot with R7B zoning and a 3.0 FAR, the property offers approximately 5,793 buildable SF, well-suited for boutique residential development. The site will be delivered vacant with demolition complete and approved plans in place, allowing for a streamlined and immediate path to construction. This minimizes pre-development risk and shortens the timeline to execution. Located just moments from the 125th Street transportation corridor, the property is within close proximity to the 4, 5, 6 and 2, 3 subway lines, providing convenient access to Midtown Manhattan and the surrounding boroughs.

Map

Dean Abouelhassan
Senior Associate
(516) 532-5385
DA@landairnyc.com
Anand Melwani
Partner
(646) 559-4700
AM@landairnyc.com
Alexandre Goulet
Partner
(646) 559-4700
ag@landairnyc.com

Documents

Offering Memorandum
Data Room

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