Land For Sale • 0.49 AC
Strategic Realty Partners has been exclusively retained to offer for sale a premier development opportunity Located at 228-246 East 122nd Street in the heart of Second Avenue Subway Phase 2 transformation corridor. This exceptional 21,243 SF land assemblage presents 210 feet of frontage along East 122nd Street, offering 106,426 buildable square feet as-of-right under R7A zoning. The site benefits from Opportunity Zone designation, providing significant tax advantages for qualified investments. Located just three blocks from the 125th Street-Lexington Avenue transit hub (4/5/6 lines, Metro North and future Q train), the property sits at the nexus of East Harlem’s unprecedented development boom. Major projects including One East Harlem, Memorial Sloan Kettering’s Proton Center, Clipper Equity’s 1800 Park Ave have established this corridor as Manhattan’s next frontier for growth. The current improvement will be delivered vacant, allowing immediate development of up to 156 residential units across two 11-story contextual buildings. We invite qualified developers to explore this compelling opportunity to create value in one of New York’s most dynamic emerging markets.
| 228-246 East 122nd presents a premier East Harlem development site offering 106,426 ZSF in an Opportunity Zone Corridor. |
| 156 units across Two, 11-story buildings encompassing all ZFA and avoids prevailing wage under 485x |
| Positioned three blocks from the 125th Street transit hub, providing swift access to the 4/5/6 trains, Metro-North, and the Second Avenue Subway. |
| Near major developments, including One East Harlem, 1800 Park Avenue, The Smile, and The LABS on 121, reinforcing strong neighborhood momentum. |
| Set within a high-demand rental market with 83% renter households and 600,000 residents nearby, offering powerful long-term growth potential. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Harlem-125Th Street Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North), Hudson Line - Metro-North Commuter Railroad Company (Metro-North), New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) | 2 min | 8 min | 0.4 mi |
| Yankees-E 153Rd Street Station (Hudson Line - Metro-North Commuter Railroad Company (Metro-North)) | 5 min | - | 2.5 mi |
| Transit/Subway | Drive | Walk | Distance |
| 125 Street (4,5,6 Line) (4 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway)) | 2 min | 6 min | 0.3 mi |
| 116 Street (4,6 Line) (4 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway)) | 2 min | 9 min | 0.5 mi |
| 110 Street (4,6 Line) (4 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway)) | 3 min | 14 min | 0.8 mi |
| 125 Street (2,3 Line) (2 - New York MTA Subway (The Subway), 3 - New York MTA Subway (The Subway)) | 3 min | 15 min | 0.8 mi |
| 116 Street (2,3 Line) (2 - New York MTA Subway (The Subway), 3 - New York MTA Subway (The Subway)) | 3 min | 18 min | 0.9 mi |
| Airport | Drive | Walk | Distance |
| LaGuardia | 14 min | - | 6.2 mi |
| John F Kennedy International | 27 min | - | 17.4 mi |
| Newark Liberty International | 31 min | - | 24.3 mi |