Meridian Capital Group
Meridian Investment Sales

1978-1982 3rd Avenue

Located on the corner of 3rd Avenue and East 109th Street in East Harlem
East Harlem

Property Details

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Neighborhood East Harlem
Size 9,600 Square Feet

Investment Highlights:

Meridian Investment Sales is pleased to exclusively present the fee simple sale for 1978-1982 3rd Avenue, a prime development site on the corner of 3rd Avenue and East 109th Street. The site currently contains three properties which span a combined 9,600 SF comprised of 4 occupied commercial units. Investors will have the opportunity to vacate the units in the near term as each lease features a demolition clause. Located in the favorable R9 residential zoning district with a C2-5 commercial overlay, the building has a maximum buildable of up to 33,390 GSF. The offering presents investors with a prime opportunity to immediately reposition the assets and develop a prominent building in a burgeoning neighborhood.