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230 W 122nd St - Extra Wide Development Site in South Harlem 0.08 Acres of Commercial Land Offered at $2,834,125 CAD in New York, NY 10027
INVESTMENT HIGHLIGHTS
- 34' Wide Development Site Zoned R7A.
- Located in South Harlem, Between Adam Clayton Powell & Frederick Douglas Blvd.
- High Demand Residential Area with Condo Buildings Averaging $1,300 Per Sq. Ft.
- 16,400 ZFA As-Of-Right. Includes Air Rights from Neighboring Lots.
- Proximity to A, B, C, D, 2, and 3 trains.
EXECUTIVE SUMMARY
Located in Central Harlem, 230 W 122nd St, New York, NY 10027 presents a compelling development opportunity for developers seeking to capitalize on the area’s strong residential demand and ongoing revitalization. This vacant midblock lot spans 3,431 square feet, with zoning designated as R7A and a Floor Area Ratio (FAR) of 4.0, allowing for a maximum buildable square footage (BSF) of 13,724 Sq. Ft. With air rights transferrable from seller owned neighboring properties, this sums to 16,400 Sq. Ft BSF. The property benefits from proximity to multiple subway lines, providing excellent transportation access to the rest of Manhattan and beyond. Its central location enhances both livability and market appeal for future residential or mixed-use development. With generous zoning, prime location, valuable tax incentives, and strong market fundamentals, this property is well-positioned for a successful development project that contributes meaningfully to Harlem’s continued growth. *Please note: A regulatory agreement is in place and a fire egress easement is in the removal process
PROPERTY FACTS
| Price | $2,834,125 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.08 AC |
| Zoning | R7A | ||
| Price | $2,834,125 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.08 AC |
| Zoning | R7A |
1 LOT AVAILABLE
Lot
| Price | $2,834,125 CAD | Lot Size | 0.08 AC |
| Price Per AC | $35,982,036.53 CAD |
| Price | $2,834,125 CAD |
| Price Per AC | $35,982,036.53 CAD |
| Lot Size | 0.08 AC |
1 1
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (85)
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230 W 122nd St - Extra Wide Development Site in South Harlem
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