Address: 123 2nd Ave, New York, NY 10003, USA
Property Description
123 Second Avenue (Block 463, Lot 33) is a vacant
development site, with all existing structures having
been demolished. The lot features approximately
25 feet of frontage and 100 feet of depth along the
west side of Second Avenue between East 7th
Street and St. Marks Place.
The lot area is approximately 2,500 square feet
and is zoned R7A/C1-5, permitting an array of uses
including office, retail, residential, community
facility, and hotel.
Zoning allows for 4 FAR as of right for residential,
and 5.01 FAR with UAP, plus flexibility for 2 FAR
commercial and 4 FAR community facility, allowing
for a mixed use execution in one of Manhattan's
hottest neighborhoods.
The site sits within the East Village/Lower East
Side Historic District. Its location in the western part
of the East Village, just one block from Manhattan's
iconic NoHo and Greenwich Village
neighborhoods, commands some of the city's
highest rents and condo sellouts, alongside
unmatched historical significance and best in class
entertainment and dining.