7-11 East 115th Street, NY

East Harlem Development Opportunity | 55K BSF Standard | 68K BSF UAP | 88K BSF w/ Community Facility

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Overview

Key Highlights

  • Price $9,900,000
  • Frontage 135' of Frontage
  • Buildable Sq. Ft. 55,496
  • CF Buildable Sq. Ft. 88,556
  • UAP Buildable Sq. Ft. 68,121

Investment Highlights

• 135 feet of frontage along Wide 115th Street

• 54,496 buildable SF Standard, 68,121 buildable SF with UAP & 88,556 buildable SF with community facility

• Condo market with sellouts exceeding $1,200/sqft

• Efficient rectangular layout
• Short distance to Central Park and Marcus Garvey Park

• Close proximity to the 6 train on Lexington and the 2/3 trains on Malcom X Blvd

• Easy access to bus routes North (Madison Ave), South (5th Ave), East & West (along 116th Street)

• Easement requiring 19 parking spots within the new development

Location

Our Team

Victor Sozio

Victor Sozio

Founding Partner
Ariel Property Advisors
212.544.9500 Ext. 12
Alexander Taic

Alexander Taic

Ariel Property Advisors
212.544.9500 Ext. 44
Michael Tortorici

Michael Tortorici

Founding Partner
Ariel Property Advisors
212.544.9500 Ext. 13
Shimon Shkury

Shimon Shkury

President and Founder
Ariel Property Advisors
212.544.9500 Ext. 11
Erik Moloney

Erik Moloney

Ariel Property Advisors
212.544.9500 Ext. 24

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