216 West 30th Street Building

$60,000,000, 1 Bed 1 Bath 69,372 Sqft

About This Property

The Nicole Gary Team is pleased to offer 216-222 West 30th Street, located between 7th and 8th Avenues in the Chelsea neighborhood of Manhattan. 216-222 West 30th Street currently exists as three contiguous 2-story commercial buildings but lend themselves well to a large development opportunity on a combined 93.67 ft x 98.75 ft lot. The buildings can be sold together or separately. The properties can also be offered as a long term land lease instead of a sale. The three contiguous properties are zoned M1-6D which allows for an As of Right FAR of 10 allowing for approximately 92,499 buildable square feet and FAR of 12 allowing for approximately 110,999 buildable square feet through the Inclusionary Housing Bonus (Block: 779, Lots: 53, 55 & 56). **All information must be verified by the purchaser's architect**.These properties offer developers the unique and rare opportunity to acquire a 93.67 ft. x 98.75 ft site with favorable M1-6D zoning in a desirable area that borders both Hudson Yards and Penn Station. This is the perfect site to build a hotel or mixed-use development.With the new Hudson Yards development nearby, business has been booming recently and there are endless opportunities and benefits to owning and developing a property in the area. Multinational firms such as Amazon, JPMorgan, and BlackRock have moved to the Chelsea/Hudson Yards neighborhood over the course of the past year, and more are eager to do the same in the near future!

Essential Information

MLS® #4954418
Price$60,000,000
Bedrooms1
Bathrooms1.00
Full Baths1
Square Footage69,372
Acres0.00
TypeCondominium
StatusActive

Community Information

Address216 West 30th Street Building
AreaNew York
CityNew York
CountyManhattan
StateNY
Zip Code10001

Amenities

AmenitiesCity View, Skyline View
ParkingOther/See Remarks

Interior

HeatingSee Remarks
CoolingNone
Has BasementYes
BasementSee Remarks

School Information

DistrictNew York
ElementaryCity of New York
MiddleCity of New York

Listing Details

Listing Courtesy ofKWNYC - Tribeca

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Listing information last updated on August 21st, 2019 at 5:43pm CDT.

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