515 W 43rd St - Commercial LAND FOR SALE


New York, NY 10036 10,023 SF
$26,000,000 USD
212-596-7570
515 W 43rd St, New York, NY for Sale
$26,000,000 USD
Commercial LAND - FOR SALE
1/5
10,023 SF

515 W 43rd St
New York, NY 10036


HIGHLIGHTS

  • Condominium Location
  • Can be Delivered Vacant
  • Block-Through
  • 60,000 BSF as-of-right and over 80,000 BSF with inclusionary housing.

OVERVIEW

INVICTUS Property Advisors has been retained on an exclusive basis for the sale of 515-519 West 43rd Street, a block-through development opportunity in Hell's Kitchen with 75’ of frontage along 43rd Street and 25’ of frontage along 44th Street. The opportunity presents developers with a blank canvas to develop over 60,000 BSF as-of-right and over 80,000 BSF with inclusionary housing in the Special Clinton Purpose District with R9/CL zoning. The subject site is located on the same street as several highly publicized new developments, including Moinian Group's luxury rental project (Oskar), El Ad 16-story, 123 unit, condo and rental block-through (Charlie West), DHA Capital's 300-unit luxury block-through rental, and Xin Development International’s 92-unit, full block condominium building between West 44th & 45th Streets. The property is in close proximity to the A, C, and E subway lines on 42nd Street and 8th Avenue and the Port Authority Bus Terminal. The area also benefits from the 7 Train extension to Hudson Yards. 515-519 West 43rd Street is at the intersection of Midtown West, Times Square and Hudson Yards, and is flooded with great restaurants, trendy nightspots and stylish boutiques. The electricity of Times Square, the mecca of theater entertainment on Broadway and the Hudson River Greenway are all within walking distance.

FOR SALE DETAILS

PRICE

$26,000,000 USD

PRICE/ACRE

$113,018,661/AC

PRICE/SF

$2,595 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Development Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

0.23 AC

LAND SF

10,021 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

R9

APN/PARCEL ID

1072-0021

ASK ABOUT THIS PROPERTY

Andrew LevineInvictus Property AdvisorsMore Info
212-596-7570

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Andrew LevineInvictus Property AdvisorsMore Info
212-596-7570

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.