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



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.
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
- Offering Memorandum
- Zoning Studies
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Lot Size | 0.31 AC |
| Lot Size | 0.31 AC |
1 1
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (82)
PROPERTY TAXES
| Parcel Number | 1750-0040 | Improvements Assessment | $0 CAD |
| Land Assessment | $475,909 CAD | Total Assessment | $475,909 CAD |
PROPERTY TAXES
Parcel Number
1750-0040
Land Assessment
$475,909 CAD
Improvements Assessment
$0 CAD
Total Assessment
$475,909 CAD
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