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Type:
Development
Units:
Property Description
Investment Property Realty Group (IPRG) is pleased to present 1678 Third Avenue, a premier 17-unit mixed-use property located between 94th and 95th Streets in the heart of Manhattan’s prestigious Upper East Side. This 5-story corner building spans 8,360 square feet and features 16 studio apartments with a separate eat-in kitchen. All residential units will be delivered vacant upon sale. The ground-floor commercial space, currently occupied by The Barking Dog, can be delivered vacant via the execution of the existing
buy-out clause in the lease.
The building dimensions are 23’ x 75’ on a 25.67’ x 100’ lot which is zoned C2-8/R10. The floor area ratio (FAR) provides approximately 17,302 square feet of additional air-rights and a total of 25,670 buildable square feet as-of-right as a ground-up development site. With 125 feet of wrap-around frontage along Third Avenue and East 94th Street, this property offers exceptional visibility, accessibility, and long-term upside.
With its generous zoning and corner frontage, 1678 Third Avenue is a rare and exciting ground-up development opportunity in the heart of a high-demand residential and commercial corridor. Whether repositioned as a luxury residential property or developed as a new mixed-use asset, this site is ideal for investors and developers looking to make a statement in the Upper East Side.
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Block & Lot:
01523-0033
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Neighborhood:
Carnegie Hill
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Cross Streets:
94th and 95th Street
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Lot Dimensions:
25.67 ft x 100 ft
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Units:
1
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Zoning:
C2-8/R10
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FAR:
10
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Tax Class:
2
