222-226 West 125th Street
New York, NY
10027
- Development Site Advisors® is pleased to announce that we have been hired exclusively to market and arrange for the ground lease of 222-226 West 125th Street, New York, NY 10027 (“The Property”). The property consists of two adjoining lots currently improved by two retail buildings with a total gross square footage of ±32,275. The combined ±17,660 SF through lot measures 87.5’ x 201.83’ with frontage on both West 125th Street and West 124th Street. Located in the Special 125th Street District, the property is partially zoned C6-3 and partially zoned C4-4D, providing a total of ±134,217 of buildable ZFA including ±38,852 SF of floor area bonus through Inclusionary Housing.
- Located at the heart of Central Harlem on the bustling 125th street corridor, the property is steps away from iconic landmarks such as the Apollo Theatre and Victoria Theatre, across from the soon-to-be-completed 26-story Marriott Renaissance Hotel, and just one block away from the A, C, B, D, 2, 3 Subway Lines and 20 mins train ride from Midtown. 222-226 West 125th Street represents the best Harlem has to offer, attracting major retail tenants and professionals of all industries. In addition, investors can take advantage of the property’s location within the Opportunity Zone and capitalize on the preferential tax treatment.
| Location Description | South of West 125th Street between Adam Clayton Powell Boulevard and Frederick Douglass Boulevard. |
| Borough/Block/Lot | Northern Manhattan / 1930 / 40, 41 |
| Neighborhood | Central Harlem |
| Lot Size | 17,660 SF |
| Existing SF | 32,275 SF |
| Building Class | K2 |
| Assessed Value | $6,531,170.00 |
| R.E. Taxes | $688,189.00 |
Subway Access
Community District
2
Special District
Inclusionary
Residential FAR | ZFA
5.40
|95,365 SF
Commercial FAR | ZFA
4.00/6.00
|88,301 SF
Facility FAR | ZFA
6.00
|105,961 SF
Max ZFA With Bonuses
134,217 SF