60-62 W 116th St
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60-62 W 116th St
0.23 Acres of Residential Land Offered at $12,500,000 in New York, NY 10026
Investment Highlights
- West Harlem Block-Thru Development Site
Executive Summary
Call Listing Broker Yuli at 212-838-0777 yulitsai@compass.com
Listing Broker Larry at 917-680-4616 larry.ross@compass.com
A 50’ x 202’ development site with allowable buildable square feet up to 60,000. The property is a block through site located between 115th and 116th Streets, which will be delivered vacant. Currently zoned C4-5X, it is ideal for affordable housing or a senior living residential development project. Due to its proximity to Columbia University and Mt. Sinai Hospital it can also be developed for student housing and/or a related medical facility. The property is located within steps of the 2 & 3 subway lines, and major bus lines. Long term ownership, first sale in 27 years. OM available upon request.
Listing Broker Larry at 917-680-4616 larry.ross@compass.com
A 50’ x 202’ development site with allowable buildable square feet up to 60,000. The property is a block through site located between 115th and 116th Streets, which will be delivered vacant. Currently zoned C4-5X, it is ideal for affordable housing or a senior living residential development project. Due to its proximity to Columbia University and Mt. Sinai Hospital it can also be developed for student housing and/or a related medical facility. The property is located within steps of the 2 & 3 subway lines, and major bus lines. Long term ownership, first sale in 27 years. OM available upon request.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $12,500,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 0.23 AC |
| Price | $12,500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.23 AC |
1 Lot Available
Lot
| Price | $12,500,000 | Lot Size | 0.23 AC |
| Price Per AC | $54,347,826 |
| Price | $12,500,000 |
| Price Per AC | $54,347,826 |
| Lot Size | 0.23 AC |
Lot Size: 10,091 Sq FT Lot Dimensions: 50' x 202' Frontage: 50 Ft
Walk Score ®
Walker's Paradise (97)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (82)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,385,010 | |
| Land Assessment | $336,600 | Total Assessment | $1,721,610 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$336,600
Improvements Assessment
$1,385,010
Total Assessment
$1,721,610
zoning
| Zoning Code | C4-5X (Zoned C4-5X, it is in an Applicable Residential District R7X, Contextual District with Quality Housing Program Zoning. As of right 50-60,000 BSF) |
| C4-5X (Zoned C4-5X, it is in an Applicable Residential District R7X, Contextual District with Quality Housing Program Zoning. As of right 50-60,000 BSF) |
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60-62 W 116th St
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