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2 Prime Residential Development Sites 2 Land Properties Offered at $3,714,087 CAD in New York, NY
Investment Highlights
- R7A Zoning allows for 18,000 ZFA (Standard) Buildable SF and 22,525 ZFA (UAP) Buildable SF.
- Local condominiums are achieving sellouts approaching $1,000 and free market rents in the area are approaching $70/sqft.
- Served by major national retailers including Whole Foods Market, Trader Joe’s, Target, and Lidl,
- Ideal for luxury condominiums, high-end multifamily units, or a grand townhome conversion.
- Unrivaled connectivity featuring a perfect 100 Transit Score with immediate proximity to the A, C, B, and D subway lines at 125th Street.
- Immediate access to nature and green space with the properties located only one block from Morningside Park.
Executive Summary
Two prime residential development sites located at 310 West 121st Street and 502 Manhattan Avenue in West Harlem are offered for sale as a combined opportunity. With R7A zoning, the assemblage delivers 4,508 SF across both parcels, allowing up to 22,585 buildable SF under the Inclusionary Housing Program. The lots are positioned steps from Morningside Park and within four blocks of Columbia University, offering strong demand drivers for luxury condominiums, high-end rentals, or a signature townhome project.
Both sites provide superb connectivity with a perfect 100 Transit Score and immediate access to the A, B, C, and D subway lines at 125th Street, ensuring seamless commuting across Manhattan. Surrounded by major retailers including Whole Foods and Trader Joe’s, the property benefits from dynamic neighborhood growth and cultural landmarks such as the Apollo Theater and the Studio Museum in Harlem.
Both sites provide superb connectivity with a perfect 100 Transit Score and immediate access to the A, B, C, and D subway lines at 125th Street, ensuring seamless commuting across Manhattan. Surrounded by major retailers including Whole Foods and Trader Joe’s, the property benefits from dynamic neighborhood growth and cultural landmarks such as the Apollo Theater and the Studio Museum in Harlem.
Property Facts
| Price | $3,714,087 CAD | Number of Properties | 2 |
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Land Area | 0.10 AC |
| Price | $3,714,087 CAD |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Land Area | 0.10 AC |
Properties
| Property Name / Address | Property Type | Size | Individual Price |
|---|---|---|---|
| 310 W 121st St, New York, NY 10027 | Land | 0.06 AC | - |
| 502 Manhattan Ave, New York, NY 10027 | Land | 0.04 AC | - |
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