551-227-2426
228-246 E 122nd St, New York, NY for Sale
Residential LAND - FOR SALE
1/11
21,188 SF

228-246 E 122nd St
New York, NY 10035
East Harlem


HIGHLIGHTS

  • 228-246 East 122nd presents a premier East Harlem development site offering 106,426 ZSF in an Opportunity Zone Corridor.
  • 156 units across Two, 11-story buildings encompassing all ZFA and avoids prevailing wage under 485x
  • Positioned three blocks from the 125th Street transit hub, providing swift access to the 4/5/6 trains, Metro-North, and the Second Avenue Subway.
  • Near major developments, including One East Harlem, 1800 Park Avenue, The Smile, and The LABS on 121, reinforcing strong neighborhood momentum.
  • Set within a high-demand rental market with 83% renter households and 600,000 residents nearby, offering powerful long-term growth potential.

OVERVIEW

Strategic Realty Partners has been exclusively retained to offer for sale a premier development opportunity Located at 228-246 East 122nd Street in the heart of Second Avenue Subway Phase 2 transformation corridor. This exceptional 21,243 SF land assemblage presents 210 feet of frontage along East 122nd Street, offering 106,426 buildable square feet as-of-right under R7A zoning. The site benefits from Opportunity Zone designation, providing significant tax advantages for qualified investments. Located just three blocks from the 125th Street-Lexington Avenue transit hub (4/5/6 lines, Metro North and future Q train), the property sits at the nexus of East Harlem’s unprecedented development boom. Major projects including One East Harlem, Memorial Sloan Kettering’s Proton Center, Clipper Equity’s 1800 Park Ave have established this corridor as Manhattan’s next frontier for growth. The current improvement will be delivered vacant, allowing immediate development of up to 156 residential units across two 11-story contextual buildings. We invite qualified developers to explore this compelling opportunity to create value in one of New York’s most dynamic emerging markets.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Commercial, Mixed Use, Multi-Family, Apartment Units, Apartment Units - Condo

LAND ACRES

0.49 AC

LAND SF

21,189 SF

OFFSITE IMPROVEMENTS

-

ZONING

R7A

APN/PARCEL ID

1786-0031,1786-0032,1786-0033,1786-0034,1786-0035,1786-0036,1786-0037,1786-0133

ASK ABOUT THIS PROPERTY

Anthony GaglianoStrategic Realty PartnersMore Info
551-227-2426

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Anthony GaglianoStrategic Realty PartnersMore Info
551-227-2426

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.