$22,000,000
Updated 11 years ago
Off Market
4-6 West 37th Street
Midtown West, Manhattan | Fifth Ave & Sixth Ave
Development Site
$22,000,000
floors6
Lot Size43'x98'
ZoneC5-3
Building TypeLoft
Building Amenities
- Voice Intercom
- Elevator
Property Description for 4-6 West 37th Street
The subject development site is approximatly 43’ wide and consists of two adjacent 21.5’ wide, 6-story commercial loft buildings, both of which can be delivered vacant. The site is situated 141.5’ west of Fifth Avenue with 8.5’ situated within the C5-3 (R10 equivalent) avenue zoning district which allows for approximately 12,590 buildable square feet of commercial, hotel and residential use while the remaining 34.5’ is situated within the M1-6 district which allows for approximately 34,069 buildable square feet of commercial, hotel, light manufacturing and community facility use. Combined, the 4,246 square foot footprint with an as-of-right total buildable square footage of approximately 46,659 would make for a unique ground-up development opportunity in an under-supplied market. The property is situated at the epicenter of Herald Square, the Garment District, the Fashion District and the NoMad neighborhood which greatly enhances the desirability for a boutique hotel development. The West 30’s has firmly been on investors and developers radar screens as the neighborhood that could be labeled the last frontier of Manhattan. It is within a short walk of numerous major landmarks and tourist destinations, including Macy’s Herald Square, the Empire State Building, Times Square, Madison Square Garden and the Theater District. It is also conveniently located within walking distance to Grand Central Terminal, Penn Station, Port Authority and most major subway lines.
Listing History for 4-6 West 37th Street
Now
05/09/2014
POM by John F. Ciraulo
Cushman & Wakefield
2014
Building Details for 4-6 West 37th Street
OwnershipDevelopment Site
Building TypeLoft
Service LevelVoice Intercom
AccessElevator
Floors6
Transit and Citi Bike
Subway
34 St-Herald Sq
0.21 miles
5 Av
0.24 miles
42 St-Bryant Pk
0.25 miles
Grand Central-42 St
0.29 miles
Times Sq-42 St
0.32 miles
Railroad
Grand CentralMetro-North Railroad
0.4 miles
Citi Bike
W 37 St & 5 Ave
0.03 miles
E 40 St & 5 Ave
0.16 miles
Midtown West | Manhattan
Quick Profile
People, yellow cabs, bright lights, big crowds, 24-hour eateries and just about every type of store imaginable. it’s a frenetic buzz that only a few places on the globe can offer. And that’s just one part of it. Midtown West is the birthplace of hustle and bustle and it’s bordered by 42nd to the south, 59th Street to the north, 8th Avenue to the west, and 5th Avenue to the east.
Midtown West is not as residential as other neighborhoods in Manhattan. The bustling part of Midtown West is 42nd Street between Times Square and 8th Avenues where the retail and office space, theatres, and attractions are. No matter what time of day it is, you'll always find activity there.
Residential buildings lay near the western end of Midtown West beginning around 8th Avenue.
Location, location, location. Of all the neighborhoods and enclaves of Manhattan, Midtown West is perhaps the most commutable place to live, visit, or work. It contains one of the highest concentrations of subway lines in the Big Apple. A, C, E, N, Q, R, 1, 2, 3, and the 7 train. The transit system feeds the streets with commuters from everywhere. The Port Authority Bus Terminal and nearby Penn Station adds to the number of people that flood Midtown on any given day.
It’s one of the easiest places in all of Manhattan to navigate because it’s a true grid. Uptown, street numbers go up. Downtown, street numbers go down. It’s the same concept from east to west. You really can’t get lost in Midtown West.
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: 50781TH
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