Possible Development Site Up For Sale At 1291-1297 Third Avenue, Upper East Side

1291-1297 Third AvenuePresent-day 1291-1299 Third Avenue, with 1297-1299 Third Avenue at left. Image via Google Maps.

Premier Equities is placing on the market an assemblage of five tenement buildings along Third Avenue, between East 74th Street and 75th streets, on the Upper East Side. According to Crain’s, the five-story tenements at 1291-1297 Third Avenue (the corner property also uses the address 201 East 74th Street) and another undisclosed four-story building on 75th Street are being advertised to developers. There’s roughly 115,000 square feet of development potential at the site, although a developer would most likely demolish two of the tenement buildings for a 95,000 square-foot residential tower, according to Meridian Investment Sales, the brokerage firm tasked to sell the properties. The assemblage doesn’t come with an asking price.

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TFC Horizon

1 Comment on "Possible Development Site Up For Sale At 1291-1297 Third Avenue, Upper East Side"

  1. yehuda veg , broker I T A REAL ESTATE CO. | August 2, 2016 at 10:04 pm |

    do you co-on the sale of this buildings/development ?
    what is the asking price ?

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