264 West 135th Street
New York, NY 10030

Cross street:Adam Clayton Powell Boulevard

Building

Type:Low-rise
Era:Post-war
Floors:1

Property

Ownership: Development Site
Rooms: 1
Bedrooms: Studio

Financials

Price: $1,975,000
505 Park Ave, New York, NY 10022
Listing Courtesy of Compass

Description

Discover a rare and exceptional development opportunity in the heart of Harlem at 262-264 West 135th Street. This unique property, currently a vacant building, is situated on a substantial lot of 2,898 square feet with dimensions of 29 by 99.92 feet, presenting an unparalleled canvas for visionary developers. The property boasts mixed-use zoning (R7-2, C1-4), offering a diverse range of development possibilities. The flexible zoning accommodates both residential and commercial uses, allowing for the creation of a dynamic and multifaceted development. With a residential Floor Area Ratio (FAR) of 3.44, there is potential to construct up to 9,900 square feet of residential space. Additionally, the facility FAR of 6.5 further enhances the opportunity, permitting an expansive development of up to 18,837 square feet, ideal for a combination of residential, commercial, and community spaces. Located in a prime area of New York City, the property ensures excellent connectivity with easy access to cross-town buses and the 2/3 and B/C subway lines. Its proximity to St. Nicholas Park, various successful condominium developments, and convenient public parking options add to its appeal, making it an attractive location for both residents and businesses. This property is not merely a building; it is an opportunity to create a mixed-use masterpiece in a neighborhood brimming with life and potential. Whether envisioning upscale apartments, bustling retail spaces, or essential community facilities, this property offers the flexibility and scope to bring ambitious projects to fruition. This is a chance to invest in and shape the future of West 135th Street, a vibrant area synonymous with growth and opportunity. Seize this moment to make a lasting impact on one of New York City's most dynamic neighborhoods.

Amenities

  • Elevator
  • Video Intercom

Neighborhood

More listings:

Discover a rare and exceptional development opportunity in the heart of Harlem at 262 264 West 135th Street.


OLR IDX

RLS Data display by Nest Seekers LLC.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.