60-62 WEST 116 STREET

For Sale - Manhattan - Upper East Side

$18,000,000

Net Operating Income: Contact Agent

Ic expand

Key Details

Property Type
Land
Neighborhood
Upper East Side
Property Dimensions
39.0 x 202.0
Property Area
8,245 sq.ft.
Total Units:
2
Stories:
2
NOI
Contact Agent
Price
$18,000,000

Listing Description

Marcus & Millichap is the exclusive sales broker for 60-62 West 116th Street, a two-story commercial building between Fifth Avenue and Malcolm X Boulevard in Central Harlem. The subject property has 42,210 square feet of additional development rights totaling 50,455 buildable square feet for the entire lot. The building is neither landmarked nor in an historic district. Located five blocks from Central Park and Columbia University. Nearby developments include 300 West 122nd Street (155 condominium units), the Sendero Verde (655 apartments) and 11 Hancock Place (71 condominium units).

Property Details

Block/Lot:
1599/65
Lot Dimensions
50.0 x 202.0
Lot Area
8,245 sq.ft
Zoning:
C4-5X
Max FAR:
5
John Stewart Marcus & Millichap
Contact Agent Download Listing Flyer

Sales & Transactions

AddressSale PriceSale DateProperty Type
1491 1 AVENUE$558,20012/14/2016Land
NA FDR DRIVE-12/14/2015Land
NA FDR DRIVE-12/14/2015Land
NA FDR DRIVE-12/14/2015Land
NA FDR DRIVE-12/14/2015Land
NA FDR DRIVE-12/14/2015Land
NA FDR DRIVE-12/14/2015Land
NA FDR DRIVE-12/14/2015Land
NA FDR DRIVE-12/14/2015Land
NA FDR DRIVE-12/14/2015Land