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PICTURES ARE LOADING...

House & single-family home for sale in Clason Point

United States > New York > Bronx > Clason Point
USD 9,000,000

House & Single-family home (For sale)

Reference: EDEN-T101768650 / 101768650
The Forray Team at The Corcoran Group is proud to present an exclusive development opportunity at 1723-1725 Lexington Ave and 152-156 E 108th St. These four contiguous vacant lots, spanning two streets, offer a unique opportunity for prime residential, community facility, commercial, or mixed-use development in the vibrant heart of East Harlem.The combined lots cover 7,313.37 square feet and are zoned C1-5/R7D (in EHC) and R7A. The potential maximum FAR is 4.2 for market-rate development or 5.5 for affordable housing, allowing for a total buildable square footage of up to 40,648 square feet, including 8,230 square feet dedicated to affordable housing. Additionally, with the City of Yes housing initiative, there is potential to increase the FAR to 5.5, yielding up to 42,361.31 square feet of buildable space. View more View less The Forray Team at The Corcoran Group is proud to present an exclusive development opportunity at 1723-1725 Lexington Ave and 152-156 E 108th St. These four contiguous vacant lots, spanning two streets, offer a unique opportunity for prime residential, community facility, commercial, or mixed-use development in the vibrant heart of East Harlem.The combined lots cover 7,313.37 square feet and are zoned C1-5/R7D (in EHC) and R7A. The potential maximum FAR is 4.2 for market-rate development or 5.5 for affordable housing, allowing for a total buildable square footage of up to 40,648 square feet, including 8,230 square feet dedicated to affordable housing. Additionally, with the City of Yes housing initiative, there is potential to increase the FAR to 5.5, yielding up to 42,361.31 square feet of buildable space.
Reference: EDEN-T101768650
Country: US
City: Manhattan
Postal code: 10029
Category: Residential
Listing type: For sale
Property type: House & Single-family home
Rooms: 1

SALE PRICE PER SQFT IN CLASON POINT

Average sale price per sqft
Jun 2022
3 months
1 year
House
-
-
-
Apartment
USD 1,328
-4.7%
-1.9%
* Average listing price
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REAL ESTATE PRICE PER SQFT IN NEARBY CITIES

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