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2047 2nd Ave
New York, NY 10029
Land For Sale
·
0.05 AC
Executive Summary
Buildable Lot available for sale on the Northwest corner of East 105th Street and 2nd Avenue in vibrant East Harlem.
9 blocks away from 96th & 2nd Ave Subway. Perfect time to build and invest is now as this area will explode once new 2nd Avenue subway line extension gets into place near 103rd and 2nd.
Preliminary Zoning Analysis by the Sellers Architect is below. However this MUST be verified and approved by MTA prior to filing of permits and plans:
- 14 stories at 9'-7" floor to floor (134'-9" total building height)
- Building Footprint = 1,862.3 sf
- Total of 27 Dwelling Units (931 sf Gross Floor Area per unit)
- Some of the above may be deducted if developer wants to utilize ground floor for commercial and amenity use
- This will still give you 26 residential units on floors 2-14 (2 units per floor, front & rear) and still a fairly large commercial space on ground floor with a resident lobby
- 5,696 sf of floor area Air Rights to be transferred from Lot 22 (i.e. adjacent building 2049 2nd Ave which is the same owner). This will leave 6,631.98 sf available on Lot 22 after existing building is deducted
Seller also has the adjacent building at 2049 available for sale which is an income-producing mixed-use free market investment property consisting of 12 Units above a Commercial space and willing to do a package deal for both properties. Setup sheet available upon request
9 blocks away from 96th & 2nd Ave Subway. Perfect time to build and invest is now as this area will explode once new 2nd Avenue subway line extension gets into place near 103rd and 2nd.
Preliminary Zoning Analysis by the Sellers Architect is below. However this MUST be verified and approved by MTA prior to filing of permits and plans:
- 14 stories at 9'-7" floor to floor (134'-9" total building height)
- Building Footprint = 1,862.3 sf
- Total of 27 Dwelling Units (931 sf Gross Floor Area per unit)
- Some of the above may be deducted if developer wants to utilize ground floor for commercial and amenity use
- This will still give you 26 residential units on floors 2-14 (2 units per floor, front & rear) and still a fairly large commercial space on ground floor with a resident lobby
- 5,696 sf of floor area Air Rights to be transferred from Lot 22 (i.e. adjacent building 2049 2nd Ave which is the same owner). This will leave 6,631.98 sf available on Lot 22 after existing building is deducted
Seller also has the adjacent building at 2049 available for sale which is an income-producing mixed-use free market investment property consisting of 12 Units above a Commercial space and willing to do a package deal for both properties. Setup sheet available upon request
Property Facts Under Contract
1 Lot Available
Lot
| Price | $3,770,690 CAD | Lot Size | 0.05 AC |
| Price Per AC | $75,413,801.67 CAD |
| Price | $3,770,690 CAD |
| Price Per AC | $75,413,801.67 CAD |
| Lot Size | 0.05 AC |
Buildable corner lot at E 105th & 2nd Ave in East Harlem. Zoned for 14 stories, 27 units. Includes 5,696 SF air rights. Near future 2nd Ave subway extension—prime time to build and invest.
Property Taxes
| Parcel Number | 1655-0022 | Improvements Assessment | $995,750 CAD |
| Land Assessment | $70,386 CAD | Total Assessment | $1,066,136 CAD |
Property Taxes
Parcel Number
1655-0022
Land Assessment
$70,386 CAD
Improvements Assessment
$995,750 CAD
Total Assessment
$1,066,136 CAD
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