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Prime East Harlem development opportunity on Second Avenue with strong upside beyond its current use. The property is currently improved with two small commercial buildings occupied by a restaurant and barber shop, but the true value is in the site’s redevelopment potential. Situated on an approx. 2,265 SF lot with R9A zoning and a C2-5 commercial overlay, the property offers the potential to create a new high-rise mixed-use building with ground-floor retail and residential units above, subject to all required approvals. Renderings and architectural concepts show a modern 12-story mixed-use building with commercial space on the first floor, residential layouts above, elevator access, private balconies, and rooftop/open-space potential. Excellent Second Avenue frontage with strong visibility, nearby transportation, retail, dining, and neighborhood amenities. Located in a growing East Harlem corridor with long-term upside, especially with the future Second Avenue Subway expansion. Ideal for developers, investors, and buyers looking to unlock higher and better use in Manhattan.
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