- RARE FIND IN NYC - Ground Lease Available in Upper East Side Suggested Idea for Uses: Outdoor Sitting Space, Temporary Tent Structures, Pergola, Energy Use or Community Facility for example Hospital, Child Day Care, House of Worship Consult with your professional architects & engineers. 8,000 Square Feet FAR - Available Air Rights As of right Location: 318 East 73rd Street, New York, NY 10021 Upper East Side - On 73rd Street Between 1st and 2nd Avenue - Lots of restaurant businesses on 1st and 2nd Avenue - Very High Foot Traffic during the day & at night. 1 Block away from the Q Train on 2nd Avenue and 72nd Street Location is Irreplaceable - it is smack in the middle of all the storefront with start from the 50's and go to the 90's on the East side of Manhattan. Description: Site is 125 x 16 (2,000 sq ft) / The parking on the side takes 25 x 16 as entrance for underground parking for rear building so the net usable is 100 x 16 (1,600 sq feet) Ground Level - Accessible from the street level. Company Branding and Signage for 100 feet of continuous frontage (High Visibility). Ground Lease Consideration: $55,000 per month - $660,000 per year Property taxes on the land is $4,792.32 per year