Updated 7 years ago
Off Market
216 West 30th Street
Chelsea, Manhattan | Seventh Ave & Eighth Ave
3 Rooms1 Bed1 Bath69,372 Square FeetIncome Property
$60,000,000
floors2
Lot Size23'4"x98'6"
ZoneM1-6D
Building TypeTownhouse
RE Taxes$62,263
Price Per SF
$865
Outdoor space and views
- Backyard
- City Views
Building Amenities
- Voice Intercom
Property Description for 216 West 30th Street
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!
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!
Building Details for 216 West 30th Street
OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1920
Floors2
Transit and Citi Bike
Subway
28 St
0.11 miles
34 St-Penn Station
0.17 miles
34 St-Penn Station
0.24 miles
34 St-Herald Sq
0.29 miles
23 St
0.31 miles
Railroad
Penn StationLong Island Rail Road
0.13 miles
Citi Bike
W 31 St & 7 Ave
0.1 miles
W 30 St & 8 Ave
0.1 miles
Chelsea | Manhattan
Quick Profile
The row houses portray the world-class architecture of Greek Revival, Italianate and Georgian styles. The population is both ethnically and socially diverse, which is reflected in the restaurants and retail businesses in the neighborhood.
Western Chelsea is the center of the NYC art world, where you will find more than 200 art galleries housed in rehabbed factories and warehouses, as well as in newly-constructed buildings.
While people of many different cultures call Chelsea home, it has been a mecca over the years for people in the LGBTQ community. One census reported that as many as 22% of its residents were gay couples. Eighth Avenue is a trendy area for LGBTQ-oriented dining and shopping. Although it no longer draws the LGBTQ population that it once did, Chelsea still has many popular alternative bars.
Chelsea is primarily residential, consisting of a mixture of diverse complexes, low-rise apartment blocks, tenements, townhouses, renovated row houses, and luxury high-rises.
Chelsea is an interesting and sought-after place to live, with unique clothing boutiques, restaurants, and delis representing cultures from around the world. In addition to its quirky establishments, Chelsea has fine dining restaurants and a vibrant, hip nightlife, which adds to its allure.
Chelsea is well-served by public transportation. At least six city bus routes traverse Chelsea. There are three NYC subway routes with stops on Seventh Avenue, three on Eighth Avenue, and two more on Sixth Avenue. The 34th Street - Hudson Yards Station opened in 2015 with its main entrance in Chelsea.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 76466TH
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