417 WEST 202ND STREET NEW YORK, NY

FOR SALE: INWOOD MIXED USE DEVELOPMENT SITE - OPPORTUNITY ZONE

417 WEST 202ND STREET NEW YORK, NY
Asking Price Submit Offers
Type Development Site
Neighborhood Inwood
Properties 1
Lot Size 75' x 200' (Approx.)
Zoning Code Flexible M1-4/R7A
Size 14,928 SF
Stories 1
Units
Air Rights

Investment Highlights:

Meridian Investment Sales is pleased to present the exclusive offering of 417 West 202nd Street, a mixed-use/commercial development opportunity located in the thriving Inwood section of Upper Manhattan. The site is located within an Opportunity Zone which presents investors with significant tax benefits. The property sits on a nearly 15,000 square foot block-through lot on West 202nd and 203rd Streets and will be delivered vacant.

417 West 202nd Street presents a prime opportunity to acquire a development site of scale in one of Manhattan’s fastest growing enclaves and be part of the neighborhood’s evolution. The recent Inwood re-zoning is accelerating the area’s growth as young professionals seek lower rents while still enjoying the proximity to Manhattan. Situated just a short walk from the 207th Street subway station, future residents of the property will enjoy easy access into Midtown and Lower Manhattan.

The development site under the Inwood rezoning is now located in an M1-4 / R7A zoning district ideal for residential, community and commercial development.

Location:

The site is situated on the north side of 202nd Street with 75’ of frontage along West 202nd and 203rd Streets between Ninth & Tenth Avenues.

Property Listing Contact:

David Schechtman // Senior Executive Managing Director // 800 3rd Ave., New York, NY // 212.468.5907 // dschechtman@meridiancapital.com

Lipa Lieberman // Managing Director // 800 3rd Ave., New York, NY // 212.468.5908 // llieberman@meridiancapital.com

Abie Kassin // Director // 800 3rd Ave., New York, NY // 212.468.5909 // akassin@meridiancapital.com

Jason Goldy // Vice President// 800 3rd Ave., New York, NY // 212.468.5926 // jgoldy@meridiancapital.com