PREMIER DEVELOPMENT OPPORTUNITY!8 East 132nd St is a 35 ft wide by 100 ft deep vacant lot located in East Harlem off 132nd Street between Madison and Fifth Avenues. The Property is easily accessible to Downtown Manhattan via the 2, 3 subway lines at 135th and Lenox Avenue as well as the 4, 5, 6 at 125th and 3rd Avenue.
The Property is well suited for a developer to capitalize on the rebounding residential market in Northern Manhattan. Zoning allows for 12,030 buildable sf (3.44 FAR) for mixed-use or 22,730 buildable sf (6.5 FAR) for use as a community facility.
Take advantage of this opportunity to develop in an area of Harlem that is going through a resurgence. Notable attractions include Fifth on the Park Condos, St. Claire on Fifth Condos, Harlem Hospital Center, Marcus Samuelsson’s Michelin Star rated Red Rooster, and the new East River Plaza retail center which is home to Best Buy, Target and Costco.