$35,000,000
Updated 7 years ago
Off Market

1908 Park Ave

East Harlem, Manhattan | East 128th Street & East 129th Street

21,183 Square FeetDevelopment Site

$35,000,000
floors1
Lot Size99'x106'
Building TypeLow-Rise
RE Taxes$130,754
Price Per SF
$1,652

Building Amenities

  • Garage

Property Description for 1908 Park Ave

Take advantage of the East Harlem rezoning!East Harlem Development Opportunity. Corner Site Totaling ~ 86,930 BSF1908-1914 Park Avenue, a 99 X 106 corner lot currently configured as a 21,183 SF garage on a 10,658 SF lot. The property can be provided vacant. This property is uniquely positioned to take advantage of the East Harlem rezoning passed in 2017 that has already seen significant projects like Blumenfeld Development Group and Architect Bjarke Ingels 233 rental units break ground on 126th Street. The property is located in the rapidly growing East Harlem corridor on the southwest corner of 130th Street and Park Avenue. The property is Located 7 blocks from Whole Foods, and a short distance from Starbucks, Chase Bank, Duane Reade, and Red Rooster. The location is within 6 blocks from the 4,5,6 trains. The M1-6 R9 & R7B zoning designation allows for a total of 77,138 buildable SF as of right, or a maximum potential of 86,930 BSF through the Inclusionary Housing Bonus Program. The new potential building can take advantage of an estimated 10,658 SF of corner commercial space with ~100 ft of frontage on Park Avenue. Available for sale or land lease.East Harlems cornucopia of food, culture and lively street life reflects its history. From the exclusive Raos Restaurant, founded in 1896, and Patsys Pizzeria, established in 1933 in part of Old Little Italy, to modern-day bodegas, shopping and dining in this neighborhood continue to evolve. On the artsy side of East Harlem, provocative murals by celebrated artist James De La Vega some commissioned, some not dot the neighborhood and the living legacy of Salsa greats continues at venues such as Creole, a jazz/supper club, and Orbit, a bar/restaurant that hosts open mic nights in its jazz and cabaret schedule. Additional hotspots include Red Rooster-the famed restaurant by Andrew Chapman and Marcus Samuelsson serving world renowned cuisine and live music, Sylivas- dubbed the queen of soul food, founded in 1962 serves authentic soul food and its ever popular brunch, and Corner Social- offering American cuisine, delicious cocktails, and an array of craft beers. East Harlem residents also enjoy the shopping at East River Plaza on 116th Street off the FDR Drive. If you want to stock your home and wardrobe, there are big box retailers such as Target, Old Navy, and Manhattans first Costco. A Metro-North Railroad Station at 125th Street with a 4-5-6 Lexington Avenue subway stop and easy access to the FDR Drive make commutes to both Long Island and Westchester a possibility.

Building Details for 1908 Park Ave

OwnershipDevelopment Site
Building TypeLow-Rise
AgePost-War
AccessWalk-up
Year Built2006
Floors1
Learn More About the Building

Transit and Citi Bike

Subway

125 St
0.28 miles
125 St
0.43 miles
135 St
0.46 miles

Railroad

Harlem-125 StMetro-North Railroad
0.23 miles

Citi Bike

E 128 St & Madison Ave
0.11 miles
Lexington Ave & E 128 St
0.14 miles

Contact Agents

Contact Agents

Ryan Gloor
Corcoran
Todd Vitolo
Corcoran

East Harlem | Manhattan

Quick Profile

Take a stroll through East Harlem and you’ll find a vibrant, culturally diverse neighborhood, which is evident no matter which direction you look. East Harlem is also known as Spanish Harlem, El Barrio, and “The Neighborhood,” as it is home to a population that represents Hispanic immigrants, primarily from Puerto Rico, as well as from Mexico, Cuba, and the Dominican Republic. These immigrants brought their cultures with them, in the form of music, dance, art, and food. During the day, you’ll find the neighborhood filled with opportunities to experience Latin culture. Both the salsa dance craze and the graffiti style of art were born right in East Harlem. There are many great places to sample authentic cuisine, from Rao’s (where you cannot get a table unless you inherit one, and any reservations must be booked years in advance) to sidewalk carts, where you can get the best “street meat” to be had in NYC.

In East Harlem you’ll find a number of innovative educational opportunities in the form of specialized and charter schools that are considered top-notch. Many of these have very competitive admissions criteria and offer curricula that focus on creativity and social awareness. Such schools are a draw for young families that want to raise their children in an educational system that goes above and beyond the standard.

The vibe of East Harlem is one of community and neighbors that interact with each other routinely. There are many small, family-owned and -operated businesses and restaurants that have been neighborhood anchors for years. As you stroll through East Harlem, you will be immersed in sights, sounds and flavors that are straight from Latin American or the Caribbean islands, sometimes both at once. You can sample Puerto Rican-inspired plantain mofongo, which is mashed plantains with garlic and pork rinds, from local sidewalk carts. Or if it is a hot summer’s day, you might enjoy a Mexican-inspired licuado, which is a blended drink similar to a smoothie, made with milk, fruit, and ice. Sometimes, spices, citrus juices, and sugar are added. Although you will find an abundance of authentic cuisine and music no matter where you look in East Harlem.

Prefer to cook at home? East River Plaza offers Target, Costco, and Aldi stores, all of which offer fresh food at reasonable prices.

East Harlem housing consists of more affordable walk-ups, low-rise pre-war buildings, brownstones, and is dominated housing complexes. You can find some comparatively large apartments at reasonable price points, and even some rent-stabilized apartments. Luxury co-op and condo units are being built on the southern boundary of East Harlem. 

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. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 73432TH