The Reel

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Skyway Development Group has retained Massey Knakal Realty Services to sell a single-family development opportunity at 34 West 21st Street. The property is located between Fifth and Sixth Avenues in Manhattan’s Flatiron District. The asking price is $5,750,000.

The property is an approximately 16.08’ x 92’ lot with what can be fully approved dramatic plans for a seven-story, elevatored single-family mansion containing approximately 7,974 square feet and rare curb cut allowing for private indoor parking. Designed by Andres Escobar and Karl Fisher, plans call for six bedrooms, six full baths, four powder rooms and private indoor parking. In addition, the house would have custom glass elevator, spa, oversized windows and 25 foot high ceilings overlooking the garden. Current ownership has meticulously designed what could be one of the most luxurious new construction single-family townhouses in the entire market. “We spent months optimizing and perfecting the plans for this site. Every last detail was considered for the exclusive buyer who wants to drive into their dream home,” said Steven Mashaal of Skyway Development Group.

“This is a rare opportunity for an end user to build a magnificent single-family mansion and end up at a basis well below market value,” said Massey Knakal’s James Nelson, who is exclusively marketing this property along with John Ciraulo, Matthew Nickerson and Craig Waggner.

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Neighborhoods: Flatiron/ Agents: John Ciraulo