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1824 Park Ave 0.31 Acres of Residential Land in New York, NY 10035

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INVESTMENT HIGHLIGHTS

  • Located directly across the street from 125th Street Transit Hub connecting the Metro North with the new Q line and the 4/5/6 at Lexington Avenue
  • 162,000 Residential Zoning Floor Area
  • Prime Park Avenue location in East Harlem neighborhood experiencing rapid development and public infrastructure improvements.

EXECUTIVE SUMMARY

Unparalleled Development Opportunity in Manhattan – 1824 Park Ave

Set amid Harlem's ongoing transformation, 1824 Park Avenue presents a rare development opportunity in one of the city’s fastest-growing residential corridors.

With 161,900 square feet of buildable residential floor area, this site is primed for a residential project supporting up to 238 apartments in a neighborhood experiencing a wave of new investment and modern living spaces.

The area surrounding 125th Street has seen significant revitalization, including the rise of new luxury and mixed-income residential developments like the critically acclaimed Smile and 1856 Park Avenue which is almost completely leased in record time and the new mixed-income building under construction at 132 East 125th Street.

Alongside these projects, a surge of new retail, entertainment, and dining establishments has solidified Harlem as a premier destination for urban living.
Adding to the appeal, major transit enhancements are underway, including the construction of the Second Avenue Subway hub at 125th Street and Park Avenue, further enhancing neighborhood connectivity.

The Park Avenue Metro North Viaduct Reconstruction and 125th Street Harlem Metro North station improvements will further strengthen the area’s connectivity, making 1824 Park Avenue an ideal site for a new residential landmark.

Please see the Offering Memorandum for more details, and contact us to receive the planning studies.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Mixed Use
  • Multifamily
Total Lot Size 0.31 AC
Zoning TA, 125th, C6-4 - Special Transit Land Use District (TA), Special 125th Street District (125th) & C6-4

1 LOT AVAILABLE

Lot

Lot Size 0.31 AC
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1750-0040
Land Assessment
$475,909 CAD
Improvements Assessment
$0 CAD
Total Assessment
$475,909 CAD
  • Listing ID: 36230338

  • Date on Market: 2025-06-12

  • Last Updated:

  • Address: 1824 Park Ave, New York, NY 10035

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