224-228 East 118th St
New York, NY
East Harlem
HIGHLIGHTS
- Along with air rights transferred from Lot 37, R7A zoning provides 45,313 SF with Standard FAR and up to 54,376 BSF with the UAP FAR.
- Ownership secured a light and air easement from Lot 37, providing significant flexibility for future building & unit layouts.
- Centrally located among several recently constructed rental and condominium properties, its an ideal candidate for either residential types.
- Major local and national retailers are steps away at East 116th Street, Second & Third Avenues and the nearby East River Plaza.
- Easy access to mass transit is provided by the Lexington Avenue 6 train at East 116th Street, and the 4/5 train at East 125th Street.
OVERVIEW
Ariel Property Advisors presents 224-228 East 118th Street, a prime East Harlem development site that includes additional air rights and light & air easement from an adjacent neighbor. The 79’ wide, ~7,980 square foot parcel currently consists of a vacant lot and vacant townhouse. Offering exceptional scale, rare layout optionality via a neighboring easement and prime location, 224-228 East 118th Street represents a premier Northern Manhattan development opportunity.
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212-544-9500
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212-544-9500
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