Strategic Realty Partners has been exclusively retained to offer for sale a premier development opportunity
Located at 228-246 East 122nd Street in the heart of Second Avenue Subway Phase 2 transformation corridor. This exceptional 21,192 SF land assemblage presents 210 feet of frontage along East 122nd Street, offering 106,173 buildable square feet as-of-right under R7A zoning. The site benefits from Opportunity Zone designation, providing significant tax advantages for qualified investments. Located just three blocks from the 125th Street-Lexington Avenue transit hub (4/5/6 lines, Metro North and future Q train), the property sits at the nexus of East Harlem’s unprecedented development boom.
Major projects including One East Harlem, Memorial Sloan Kettering’s Proton Center, Clipper Equity’s 1800 Park Ave have established this corridor as Manhattan’s next frontier for growth. The current improvement will be delivered vacant, allowing immediate development of up to 156 residential units across a 10-story contextual building.
We invite qualified developers to explore this compelling opportunity to create value in one of New York’s most dynamic emerging markets.
| Block/Lot | 1786 / 31, 32, 33, 133, 34, 35, 36, 37 |
| Lot Dimensions | 209.99′ x 100.92′ |
| Lot Sq. Ft. | 21,192 |
| Existing Building | 11,319 SF |
| Cross Streets | 122nd St. between 2nd & 3rd Avenue |
| Zoning | R7A |
| FAR | 5.01 |
| Buildable Sq. Ft. | 106,173 |
| Maximum Unit Count | 156 |
| Real Estate Taxes (25/26) | $209,456 |
