Land plot for construction in the area of East Harlem, New York

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Land plot for construction in the area of East Harlem, New York

$4,500,000
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  • Land area
    1,502 m²

Land plot for construction in the area of East Harlem.

Description

The site is intended for the construction of a multifunctional complex.

Allowed Usable FAR: 1,502 m².

Buildable m² (As-of-right): 924 m².

The property is surrounded by a variety of new construction residential projects that are currently driving strong growth in pricing.

Financial performance

The cost of the property is $ 4,500,000.

Location and nearby infrastructure

The site is located close to such sites as the Cereza, North Park Tower, The Art House, and more.

The district of East Harlem (or Spanish Harlem) is becoming more interesting for tourists. This area is characterized by graffiti, museums, a strong influence of Spanish culture, very conveniently located metro stations.

New York is one of the most famous cities in the world, where financial institutions, numerous historical and cultural attractions, museums, shops, theaters are concentrated.

As a financial center, New York is a city with the most liquid stock markets in the world. This is facilitated by high investor confidence, which is manifested in large volumes of foreign direct investment (FDI).

New York is chosen to host its headquarters for organizations like Citigroup, J. P. Morgan Chase & Co., American International Group, Goldman Sachs Group, Morgan Stanley, Merrill Lynch, etc.

In the city there are such exchanges as the New York Stock Exchange, NASDAQ, the American Stock Exchange, the New York Commodity Exchange. The New York financial industry focuses on Wall Street in lower Manhattan.

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If this property wasn’t for you, take a look at other investment land for sale in New York City.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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