Ariel Property Advisors is pleased to present 320 East 120th Street, a multifamily walk-up building located on the south side of East 120th Street between First Avenue and Second Avenue in East Harlem. 320 East 120th Street is a 19.08' wide, four (4) story walk-up building spanning approximately 4,045 gross square feet. The property contains four (4) floor-through units that enjoy free market status. The entire property is currently gutted and will be delivered vacant. Additionally, the property's R7A zoning (4.00 FAR) provides approximately 3,659 square feet of additional air rights for redevelopment. The property is located in the rapidly expanding neighborhood of East Harlem, where several major development projects are underway. Notable developments include the revitalized Corn Exchange on East 125th Street, the Durst Organization's 1800 Park Avenue development, and the recently announced "Sandero Verde", a 751,000 square foot, mixed-use project to be built at East 111th Street and Park Avenue. Other local attractions include the Silberman School of Social Work at Hunter College, East River Plaza, Thomas Jefferson Park and Manhattan Center for Science and Mathematics. Easy access to Lower Manhattan and the outer boroughs is provided by the 4/5/6 subway lines at the East 125th Street and Lexington Avenue. 320 East 120th Street offers owner-users and developers the opportunity to customize a sizable vacant building in a prime East Harlem location.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
