355-357 W 39th St | New York, NY 10018
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- LoopNet Team
355-357 W 39th St
New York, NY 10018
Re-Development Opportunity · Multifamily Property For Sale · 25 Units
Investment Highlights
- Pre-approved development plan in a submarket with significant barriers to entry
- Located in a notably ascendant neighborhood near the new Hudson Yards Mall and 7 Train extension
- Near numerous mass transit options making the property a convenient residence for workers
- Positioned near 9th Avenue, offering significant upside for the retail space
- Current structure can be left in place and used for interim or long-term cash flow
PROPERTY FACTS
| No. Units | 25 | Lot Size | 0.07 AC |
| Property Type | Multifamily | Construction Status | Demolished |
| Property Subtype | Apartment | Building Size | 24,512 SF |
| Apartment Style | Mid Rise | No. Stories | 11 |
| Building Class | C | Year Built | 1920 |
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Construction Status | Demolished |
| Building Size | 24,512 SF |
| No. Stories | 11 |
| Year Built | 1920 |
zoning
| Zoning Code | C1-7A (C1-7A zoning has the residential equivalent of R8A. Residential FAR is 6.02. Above a base height of 60 feet, the building must be set back 15 feet.) |
| C1-7A (C1-7A zoning has the residential equivalent of R8A. Residential FAR is 6.02. Above a base height of 60 feet, the building must be set back 15 feet.) |
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