Updated 2 days ago
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2047 Second Ave

East Harlem, Manhattan | East 105th Street & East 106th Street

Development Site

$2,750,000
Building TypeVacant Lot
RE Taxes$6,048

Building Amenities

  • Elevator

Property Description for 2047 Second Ave

Buildable Lot available for sale on the Northwest corner of East 105th Street and 2nd Avenue in vibrant East Harlem. 9 blocks away from 96th & 2nd Ave Subway. Perfect time to build and invest is now as this area will explode once new 2nd Avenue subway line extension gets into place near 103rd and 2nd. Preliminary Zoning Analysis by the Sellers Architect is below. Must be verified by MTA (for 2nd Ave Subway Extension) for approval. - R9A Zoning with MIH (Mandatory Inclusionary Housing) component allows for an FAR of 8.5 (around 20k buildable sf) - 5,696 sf of floor area Air Rights to be transferred from Lot 22 (i.e. adjacent building 2049 2nd Ave which is the same owner). This will yield approx. 25,705 total BSF - this will also leave 6,631.98 sf available on Lot 22 after existing building is deducted - 14 stories at 9'-7" floor to floor (134'-9" total building height) - Building Footprint = 1,862.3 sf - Total of 27 Dwelling Units (931 sf Gross Floor Area per unit) - Some of the above may be deducted if developer wants to utilize ground floor for a commercial space and resident lobby use; this will still give you 26 residential units on floors 2-14 (2 units per floor, front & rear) Seller also has the adjacent building at 2049 available for sale which is an income-producing mixed-use free market investment property consisting of 12 Units above a Commercial space and willing to do a package deal for both properties. Setup sheet available upon request

Listing History for 2047 Second Ave

Now
12/10/2025
Contract Signed by Jonathan Kramer
Compass
10/21/2025
Contract Out by Jonathan Kramer
Compass

Building Details for 2047 Second Ave

OwnershipDevelopment Site
Building TypeVacant Lot
Learn More About the Building

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. 

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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: 101800TH