21-23 West 45th Street
Property Description
BKREA has been exclusively retained to arrange for the sale of 21-23 West 45th Street ("The Site"), an exceptional development opportunity in the heart of Midtown Manhattan. The site is located on the north side of West 45th Street, between Avenue of the Americas and Fifth Avenue, with 50 feet of frontage along West 45th Street. Its flexible C6-4.5, MiD zoning, and prime location presents developers with an opportunity to capitalize on the strong demand for residential developments, as well as favorable hotel economics driven by the proximity to top tourist attractions such as Times Square and Bryant Park. Currently, the site consists of two tax lots. Lot 25 is improved with a three-story commercial building. Lot 26 is improved by a six-story commercial building.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Lot Size: | 1.38 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
8340-8350 Oliver Road
Erie, PennsylvaniaBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout