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INVESTMENT HIGHLIGHTS
- FULLY APPROVED PLANS
- DELIVER VACANT
- OBTAIN NEW 4-FAMILY C of O
EXECUTIVE SUMMARY
DELIVER VACANT. FULLY APPROVED PLANS. OBTAIN NEW 4-FAMILY C of O.
START WORK TOMORROW. CASH FLOW IMMEDIATELY.
Modern Spaces is proud to exclusively present 1694 Lexington Avenue - a prime Four-Family investment in the heart of East Harlem, Manhattan - in the epicenter of Manhattan’s hottest growth corridor. With approved plans for a full interior renovation and a new 4-Family Certificate of Occupancy to be obtained, this property is delivered renovation-ready - ideal for immediate construction and swift income generation.
Prime Urban Infill Location:
Easy access to 6 train, MTA buses, FDR Drive, I-278 & I-95, & RFK Bridges.
Minutes to Central Park, Thomas Jefferson Park, and Randalls Island - green space on demand.
Top-tier dining, retail, cultural hubs, groceries, museums, parks, playgrounds - for daily convenience.
Columbia University, Hunter College, and elite schools – built-in tenant pipeline.
Close proximity to the Upper East Side and Upper West Side - luxury retail & dining are just blocks away.
Rare owner-occupant or full-rental play: live in one unit while leasing the others—or maximize cash flow with a full four-unit rental strategy.
This is a turnkey value-add opportunity in one of Manhattan’s fastest-appreciating corridors. Contact us today to secure plans and schedule a private tour, before the next bidder does!
SUMMARY
Block/Lot 1634/16
Zone R7D
Lot 1250.25 SF (16'8"x75')
Building 3757.57 SF Gross
Max FAR 4.66
Max Allowable 5826.17 SF
All material presented herein is intended for information purposes only. All dimensions are approximate and subject to construction variances. Plans, layouts, and dimensions may contain minor variations from floor to floor. The buyer should verify all information with their own attorney, architect, or zoning expert. Equal Housing Opportunity.
START WORK TOMORROW. CASH FLOW IMMEDIATELY.
Modern Spaces is proud to exclusively present 1694 Lexington Avenue - a prime Four-Family investment in the heart of East Harlem, Manhattan - in the epicenter of Manhattan’s hottest growth corridor. With approved plans for a full interior renovation and a new 4-Family Certificate of Occupancy to be obtained, this property is delivered renovation-ready - ideal for immediate construction and swift income generation.
Prime Urban Infill Location:
Easy access to 6 train, MTA buses, FDR Drive, I-278 & I-95, & RFK Bridges.
Minutes to Central Park, Thomas Jefferson Park, and Randalls Island - green space on demand.
Top-tier dining, retail, cultural hubs, groceries, museums, parks, playgrounds - for daily convenience.
Columbia University, Hunter College, and elite schools – built-in tenant pipeline.
Close proximity to the Upper East Side and Upper West Side - luxury retail & dining are just blocks away.
Rare owner-occupant or full-rental play: live in one unit while leasing the others—or maximize cash flow with a full four-unit rental strategy.
This is a turnkey value-add opportunity in one of Manhattan’s fastest-appreciating corridors. Contact us today to secure plans and schedule a private tour, before the next bidder does!
SUMMARY
Block/Lot 1634/16
Zone R7D
Lot 1250.25 SF (16'8"x75')
Building 3757.57 SF Gross
Max FAR 4.66
Max Allowable 5826.17 SF
All material presented herein is intended for information purposes only. All dimensions are approximate and subject to construction variances. Plans, layouts, and dimensions may contain minor variations from floor to floor. The buyer should verify all information with their own attorney, architect, or zoning expert. Equal Housing Opportunity.
PROPERTY FACTS
| Price | $3,807,375 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $951,844 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.03 AC |
| No. Units | 4 | Building Size | 3,920 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1910 |
| Zoning | R7-2 - medium-density residential zone for apartment buildings | ||
| Price | $3,807,375 CAD |
| Price Per Unit | $951,844 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.03 AC |
| Building Size | 3,920 SF |
| No. Stories | 3 |
| Year Built | 1910 |
| Zoning | R7-2 - medium-density residential zone for apartment buildings |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+4 | 4 | - | - |
1 1
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (82)
PROPERTY TAXES
| Parcel Number | 1634-0016 | Improvements Assessment | $140,324 CAD |
| Land Assessment | $127,625 CAD | Total Assessment | $267,949 CAD |
PROPERTY TAXES
Parcel Number
1634-0016
Land Assessment
$127,625 CAD
Improvements Assessment
$140,324 CAD
Total Assessment
$267,949 CAD
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1694 Lexington Ave
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