Development Site at 62 West 116th Street in New York

Asset CRG Advisors, LLC, has been exclusively retained to market 62 W 116th St, a rare block-through development opportunity in Central Harlem. Situated on a 10,091-square-foot lot, the property features an existing one-story building totaling approximately 8,245 square feet. The building currently houses two commercial units, offering a clear path for redevelopment or repositioning.

Zoned C4-5X / R7X equivalent, the site allows for approximately 50,455 buildable square feet as-of-right, with the potential to reach up to 60,546 buildable square feet under the UAP program. The property will be delivered vacant, enabling immediate execution of a new development plan, making it an ideal opportunity for developers and investors seeking frontage, scale, and flexibility in a prime Central Harlem location.