43 West 33rd Street — Sale in New York, NY

  • Price: $5K
  • Listing type: For sale
  • Asset type: Business
  • Location: New York, NY 10001
  • Size: 118,890 SF

Description

Jones Lang LaSalle (“JLL”) has been retained on an exclusive basis to arrange the sale of 43 West 33rd Street (“The Site”), a ~75,000 buildable square foot (“BSF”) development site in the heart of Midtown South Manhattan. The Site encompasses a 63’ wide, 6,268 square foot parcel situated on the north side of West 33rd Street between Fifth and Sixth Avenues. Currently, The Site is improved by a ~39,000 square foot, six-story office building. While the building is partially occupied, there are 90-day demolition clauses in all the leases that allow prospective developers to fully vacate the building and commence demolition. The Site falls within the C6-4.5 Special Midtown zoning district which provides developers with the option to build either a residential rental development under the Universal Affordability Program (“UAP”) or a residential condominium.

Market Context

This commercial property in New York, NY is listed for sale at $4,972 across 118,890 SF. It has been on the market for 82 days. Compare it against other commercial property listings for sale in New York, NY — view the full market.

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