Description
9 blocks away from 96th & 2nd Ave Subway. Perfect time to build and invest is now as this area will explode once new 2nd Avenue subway line extension gets into place near 103rd and 2nd.
Preliminary Zoning Analysis by the Sellers Architect is below. Must be verified by MTA (for 2nd Ave Subway Extension) for approval.
- R9A Zoning with MIH (Mandatory Inclusionary Housing) component allows...Buildable Lot available for sale on the Northwest corner of East 105th Street and 2nd Avenue in vibrant East Harlem.
9 blocks away from 96th & 2nd Ave Subway. Perfect time to build and invest is now as this area will explode once new 2nd Avenue subway line extension gets into place near 103rd and 2nd.
Preliminary Zoning Analysis by the Sellers Architect is below. Must be verified by MTA (for 2nd Ave Subway Extension) for approval.
- R9A Zoning with MIH (Mandatory Inclusionary Housing) component allows for an FAR of 8.5 (around 20k buildable sf)
- 5,696 sf of floor area Air Rights to be transferred from Lot 22 (i.e. adjacent building 2049 2nd Ave which is the same owner). This will yield approx. 25,705 total BSF
- this will also leave 6,631.98 sf available on Lot 22 after existing building is deducted
- 14 stories at 9'-7" floor to floor (134'-9" total building height)
- Building Footprint = 1,862.3 sf
- Total of 27 Dwelling Units (931 sf Gross Floor Area per unit)
- Some of the above may be deducted if developer wants to utilize ground floor for a commercial space and resident lobby use; this will still give you 26 residential units on floors 2-14 (2 units per floor, front & rear)
Seller also has the adjacent building at 2049 available for sale which is an income-producing mixed-use free market investment property consisting of 12 Units above a Commercial space and willing to do a package deal for both properties. Setup sheet available upon request
Listing Agent
![Jonathan Kramer]()
jonathan.kramer@compass.comP: (516)-423-9581
Property Details for 2047 2nd Avenue
| Status | Contract Signed |
|---|---|
| Days on Market | 97 |
| Taxes | $504 / month |
| Maintenance | - |
| Min. Down Pymt | 50% |
| Total Rooms | - |
| Compass Type | Land |
| MLS Type | - |
| Year Built | - |
| Lot Size | 2,354 SF |
| County | New York County |
| Buyer's Agent Compensation | 2% |
Location
Building Information for 2047 2nd Avenue
Payment Calculator
$8,997 per month
30 year fixed, 6.28% Interest
$8,493
$504
$0
Property History for 2047 2nd Avenue
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Dec 10, 2025 | Contract Signed Manual | — | |
| Oct 21, 2025 | Contract Out Manual | — | |
| Jul 15, 2025 | Listed (Active) Manual | $2,750,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 12/10/2025 | Contract Signed Manual | — |
| 10/21/2025 | Contract Out Manual | — |
| 07/15/2025 | Listed (Active) Manual | $2,750,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 2047 2nd Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 8 |
Rating | School | Distance |
|---|---|---|
P.S. 38 Roberto Clemente PublicPK to 5 | ||
Isaac Newton Ms For Math And Science Public6 to 8 | ||
Park East High School Public9 to 12 | ||
TAG Young Scholars PublicK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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