A 37.5’
wide, 5 story commercial building located on the south side of East 30th
Street between Madison and Fifth Avenues. The property is zoned C5-2
(R10) having an FAR of 10.0, yielding approximately 37,030 buildable
square feet for both commercial and residential development. Ownership
has previously approved plans to develop a boutique hotel with 92 rooms,
a restaurant and rooftop lounge. This property is situated in
Manhattan’s Midtown South NoMad neighborhood and is in close proximity
to Madison Square Park, Herald Square, Penn Station and Grand Central
Station. The property is partially occupied with month to month tenants
and could be delivered vacant, providing an excellent opportunity for a
boutique hotel, residential development or foreign government
headquarters.
Click here for listing details.
Neighborhoods: Murray Hill/ Agents: John Ciraulo