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2265 2nd Avenue

New York NY 10035

12
6
Multi-Family
Currently for sale - view listing

Overview

Renovate and hold, or develop over 20,000 square feet in a prime location! Harlem Lofts Inc is pleased to present 2265 and 2267 Second Avenue, two twenty-foot-wide mixed-use townhouses each consisting of ground floor commercial space plus three apartments. The properties can be sold separately for $2,000,000 each, or together for a total listing price of $4,000,000. Both properties are partially renovated, and 2267 Second Avenue has one finished two-bedroom one-bath apartment and one that is almost complete. For developers, the site has R9A zoning and a combined width of 40 feet and depth of 70 feet, giving a maximum buildable area of over 20,000 square feet adjacent to 116th Street and two blocks from East River Plaza, poised to deliver a spectacular CAP rate or maximum condominium sellout return.These properties are situated just two blocks from the 116th Street 6 train subway station and half a block from the upcoming Q train station which is predicted to open in 2027 and cause a spike in property prices in the neighborhood. Major area institutions such as Mount Sinai Medical Center are in close proximity and serviced by the same subway lines. Additionally, the location adjacent to the 116th Street commercial corridor and East River Plaza gives ready access to attractive area retail such as Costco and Target, and local Italian restaurants and Patsy's New York Pizzeria.2265 and 2267 Second Avenue present a prime acquisition opportunity for investors and owner-users. Contact Harlem Lofts today for your showing appointment!

Features

12 bedrooms
6 bathrooms
Multi-Family

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