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1623 Second Ave
New York, NY 10028
1621-1625 Second Avenue · Property For Sale
·
20,470 SF Total
Investment Highlights
- 1621-1625 Second Avenue is ideally located in the heart of the Upper East Side allowing developers to benefit from the unmatched demand drivers
- The Site will be delivered with 65,060 ZFA, with the potential to increase up to 78,072 ZFA, creating flexible development opportunities
- The Site is a 1-minute walk from 86th Street and Second Avenue providing access to the Q - line.
- With 75' of frontage along Second Avenue, the future development will benefit from strong visibility and a high volume of foot traffic.
- Situated in a favorable C1-9 (R10) zoning district, the site offers exceptional flexibility with a wide range of development options
Executive Summary
BKREA has been retained on an exclusive basis to arrange the sale of 1621–1625 Second Avenue (the “Site”), an exceptional development assemblage located in the highly desirable Upper East Side of Manhattan. Positioned on the west side of Second Avenue between East 84th and East 85th Streets, this offering presents a rare development opportunity in one of Manhattan’s most sought-after neighborhoods.
The asymmetrical 6,506-square-foot lot provides approximately 75 feet of prime frontage along Second Avenue, offering both excellent visibility and strong retail potential on a heavily trafficked corridor. With its desirable lot dimensions and solid efficiency, the Site is well-suited for a wide range of development possibilities.
Currently, each tax lot consists of 4-story mixed-use buildings.
This assemblage represents an exceptional opportunity for developers to capitalize on the strong fundamentals of the Upper East Side. The area has long been one of New York City's most desirable residential enclaves, boasting proximity to prestigious schools, abundant parks and playgrounds, renowned dining establishments, and remarkable retail destinations.
The asymmetrical 6,506-square-foot lot provides approximately 75 feet of prime frontage along Second Avenue, offering both excellent visibility and strong retail potential on a heavily trafficked corridor. With its desirable lot dimensions and solid efficiency, the Site is well-suited for a wide range of development possibilities.
Currently, each tax lot consists of 4-story mixed-use buildings.
This assemblage represents an exceptional opportunity for developers to capitalize on the strong fundamentals of the Upper East Side. The area has long been one of New York City's most desirable residential enclaves, boasting proximity to prestigious schools, abundant parks and playgrounds, renowned dining establishments, and remarkable retail destinations.
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 20,470 SF |
| Number of Properties | 3 | Total Land Area | 0.15 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 20,470 SF |
| Total Land Area | 0.15 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1623 Second Ave, New York, NY 10028 | Multifamily | 7,950 SF | 1920 | - |
| 1621 2nd Ave, New York, NY 10028 | Multifamily | 6,200 SF | 1920 | - |
| 1625 2nd Ave, New York, NY 10028 | Retail | 6,320 SF | 1920 | - |
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