224 E 118th St

For Sale

224 E 118th St, New York, NY 10035

This New York property for sale is located at 224 E 118th St. The current listed sale price for 224 E 118th St is $7,000,000. 224 E 118th St is situated on a lot that is 7,980 square feet in size.

Contacts

Alexander Taic

Ariel Property Advisors

Michael A. Tortorici

Ariel Property Advisors

Howard Raber

Ariel Property Advisors

Property Details

  • Property Type Mixed Use
  • Property Size 4,224 SF
  • Lot Size 7,980 SF
  • Zoning R7A
  • # of Floors 3
  • Date Updated Apr 27, 2026

Executive Summary

Ariel Property Advisors presents 224-228 East 118th Street, a prime East Harlem

development site that includes additional air rights and light & air easement from

an adjacent neighbor.

The 79’ wide, ~7,980 square foot parcel currently consists of a vacant lot and

vacant townhouse.

Property Highlights

Unique Scale: Along with air rights transferred from Lot 37, R7A zoning

provides 45,313 SF with Standard FAR and up to 54,376 BSF with the UAP FAR

Layout Optionality: Ownership secured a light and air easement from Lot 37,

providing significant flexibility for future building & unit layouts

Strong Residential Location: Centrally located among several recently

constructed rental and condominium properties, the property is an ideal

candidate for either residential types.

Retail Convenience: Major local and national retailers are steps away at East

116th Street, Second & Third Avenues and the nearby East River Plaza.

Transit Accessibility: Easy access to mass transit is provided by the Lexington

Avenue 6 train at East 116th Street, the 4/5 train at East 125th Street and the

planned Second Avenue Q train which is slated to have an entrance at East

116th Street.

Offering exceptional scale, rare layout optionality via a neighboring easement

and prime location, 224-228 East 118th Street represents a premier Northern

Manhattan development opportunity.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Attachments

Getting around

  • 96/100

    Walk Score ®

  • 100/100

    Transit Score ®

  • 83/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City New York, NY
  • Neighborhood East Harlem
  • Zip Code 10035
  • Market Manhattan

Points of Interest

  • East 116th Street & Lexington Avenue at Northeast Corner

    0.17 miles

  • East 116th Street & Lexington Avenue at Northwest Corner

    0.18 miles

  • East 116th Street & Lexington Avenue at Southeast Corner

    0.18 miles

  • East 116th Street & Lexington Avenue at Southwest Corner

    0.19 miles

  • 110th Street & Lexington Avenue at Northeast Corner

    0.41 miles

  • 110th Street & Lexington Avenue at Northwest Corner

    0.42 miles

  • 110th Street & Lexington Avenue at Southeast Corner

    0.42 miles

  • 110th Street & Lexington Avenue at Southwest Corner

    0.43 miles

  • Harlem–125th Street

    0.46 miles

  • Lenox Avenue & 116th Street at Northeast Corner

    0.64 miles

  • Shell

    0.24 miles

  • BP

    0.24 miles

  • Mobil

    0.64 miles

  • Citgo

    1.42 miles

  • plugNYC

    1.62 miles

  • ChargePoint

    1.62 miles

  • FLO

    2.14 miles

  • Tesla Supercharger

    2.54 miles

  • East River Plaza Garage

    0.43 miles

  • Edison ParkFast

    0.45 miles

  • Parking Lot E

    0.90 miles

  • MPG

    0.92 miles

  • Parking Lot F

    0.95 miles

  • Mount Sinai

    1.01 miles

  • Astor Terrace Parking Garage

    1.23 miles

  • Knickerbocker Plaza Car Park

    1.31 miles

  • Quik Park

    1.53 miles

  • Astoria Park Parking

    1.66 miles

  • Efuru Guest House

    0.69 miles

  • Park View Hotel

    0.72 miles

  • L-Hostels

    0.79 miles

  • Apollo Hotel

    0.82 miles

  • Comfort Inn & Suites

    0.91 miles

  • House ZAZA

    0.92 miles

  • Aloft Hotel

    1.00 miles

  • Astor on the Park

    1.14 miles

  • La Maison d'Art Private Gallery

    1.17 miles

  • Jazz on the Park

    1.20 miles

  • Shop Fair

    0.14 miles

  • Cherry Valley

    0.18 miles

  • City Fresh Market

    0.19 miles

  • Fine Fare Supermarket

    0.25 miles

  • La Costeñita Grocery

    0.31 miles

  • Food Bazaar

    0.38 miles

  • ALDI

    0.40 miles

  • Key Food

    0.42 miles

  • Fine Fare

    0.42 miles

  • East River Plaza

    0.43 miles

Contact 224 E 118th St
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.