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  • 1873 Lexington Avenue
  • $ 2,995,000
1873 Lexington Avenue East Harlem New York NY 10035
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1873 Lexington Avenue

East Harlem   |   East 116th Street & East 117th Street
Listing ID: 82455TH

  • $ 2,995,000
  • 4 Bedrooms
  • 2 Bathrooms
  • Low-RiseBuilding Type
  • 2,895/269 Approx. SF/SM

  • Details
    • Rental PropertyOwnership
    • $ 21,612Anual RE Taxes
    • Building Size
    • Lot Size
    • Year Built
    • ActiveStatus

1873 Lexington Avenue East Harlem New York NY 10035
  • Description
  • This is an Incredible and rare mixed use building, in the Heart Of East Harlem, where investors are interested in a deal like this. Recent facade lift and painting of the entire building. This building can be connected to another 2 buildings that are also for sale on 116th street, as a package for a massive redevelopment with significant air rights. This is 1 out of 4 buildings being sold as a package deal. The owners would prefer to sell all buildings at once, but may be open to individual sales. This building has 2 apts and 2 commercial spaces, which can be a great income producing investment. Close proximity to the 6 train and multiple bus routes. East River Plaza Mall is a stone through away, which has multiple department stores like, Costco, Target, Burlington, Marshalls, Aldi to name a few.

    Floor Area Ratio (FAR)
    Residential FAR 7.52 Has air rights..
    Facility FAR 10
    FAR as built 1.61
    Allowed usable floor area 13,528
    Usable floor area as built 2,896
    Unused FAR 10,632
    Lot sqft 1,799
    Lot dimensions 20.92 ft x 86 ft
    Square feet 2,895
    Building dimensions 21 ft x 43 ft
    Zoning districts R9, C2-5, EHC

    Note that the above is given for information only, as a very basic explanation of FAR and Development Rights (generally and related to specific property).

    This is an Incredible and rare mixed use building, in the Heart Of East Harlem, where investors are interested in a deal like this. Recent facade lift and painting of the entire building. This building can be connected to another 2 buildings that are also for sale on 116th street, as a package for a massive redevelopment with significant air rights. This is 1 out of 4 buildings being sold as a package deal. The owners would prefer to sell all buildings at once, but may be open to individual sales. This building has 2 apts and 2 commercial spaces, which can be a great income producing investment. Close proximity to the 6 train and multiple bus routes. East River Plaza Mall is a stone through away, which has multiple department stores like, Costco, Target, Burlington, Marshalls, Aldi to name a few.

    Floor Area Ratio (FAR)
    Residential FAR 7.52 Has air rights..
    Facility FAR 10
    FAR as built 1.61
    Allowed usable floor area 13,528
    Usable floor area as built 2,896
    Unused FAR 10,632
    Lot sqft 1,799
    Lot dimensions 20.92 ft x 86 ft
    Square feet 2,895
    Building dimensions 21 ft x 43 ft
    Zoning districts R9, C2-5, EHC

    Note that the above is given for information only, as a very basic explanation of FAR and Development Rights (generally and related to specific property).

    Listing Courtesy of Corcoran Group
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    Licensed Broker - President

    W: 212-677-4040
    M: 917-494-7209
    • Email Me
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2022 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
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.
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31 East 12th Street, New York, NY 10003
Tel: 212.677.4040 | Fax: 212.677.4041 | info@colemanrealestate.com
© 2022 by Coleman Real Estate.  All Rights Reserved
31 East 12th Street, New York, NY 10003
Tel: 212.677.4040
Fax: 212.677.4041
info@colemanrealestate.com

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T01.50.0.0 | Core: 50.0.0
31 East 12th Street, New York, NY 10003
T:   212.677.4040   |   Email:   info@colemanrealestate.com
T01.50.0.0 | Core: 50.0.0