|2 bedrooms||6406 sq ft|
|1 bathroom||Zip: 10035|
Harlem Lofts latest exclusive listing. An East Harlem corner lot mixed-use development project or medical facility that is and will be delivered VACANT!Multiple Development Options Available including but not limited to: Build a 6-story mixed-use luxury rental building with commercial on the ground floor and free market apartments upstairs yielding a cap rate ~ 7.2%. Build and Sell luxury condos and earn a gross ROI of ~ 80% (40% annualized based on a 2-year project). Medical Offices: finish buildout for medical offices and use for a medical practice, it's perfect for an urgent care facility.2323 First Avenue is a 2-story, 4500 sq ft building on a high-traffic corner in a rapidly developing section of East Harlem. Built full on a 25' X 90' lot this vacant building is currently configured as a medical clinic with a Certificate of Occupancy for medical and professional offices. Some othe important building facts: Zoned R7X with a C1-5 overlay Max FAR of 5.0 Maximum building height of 120ft Parcel offers over 11,400 total buildable sq feet. Located a few blocks from Costco, 125th Street, the 4/5/6 subways. If you max out the FAR your all-in project cost in $/gross sq ft post development is ~ $483 sf.Pleae email for all inquiries; no text messages please.Additional listing info available.
It's so safe at 2323 1st Avenue you can dance in your underwear with the blinds open
Nothing's going to make you act a fool up in 2323 1st Avenue
It's like having the Midas touch without the downside at 2323 1st Avenue
Living at 2323 1st Avenue will literally make you feel like you've won the grand prize - every day
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