710 Third Ave

Ariel Property Advisors presents 710 3rd Avenue, a prime Midtown East development site located on the west side of 3rd Avenue between 44th street and 45th street. Currently a vacant lot, the flexible C5-3 zoning provides the opportunity to develop a unique property that is ideally situated close to Grand Central Station, the Chrysler Building and the United Nations. * Flexible Zoning: The C5-3 zoning with a 15.0 commercial FAR and 10.0 residential FAR that allows for a total of 35,625 buildable square feet, as-of-right, for a mixed-use commercial, residential or hotel project. Creative uses may also include live-work environments, as well as shared space directed at residential or professional users. * Approved Plans: Ownership has approved plans for a 40,335 square foot, 17-story mixed-use office building that features flexible floor plates, outdoor space and generous ceiling heights. * Central Location / Mass-Transportation options: options: The property is located one block away from Grand Central, presenting quick and easy access to the 4,5,6,7 and S trains, as well as the Metro North railway lines. The E and M subway trains are also located nearby on Lexington Ave and 53rd Street. * Recent Area Rezoning: While Midtown Manhattan is already one of the largest business districts in the world, the recent rezoning of Midtown East is promoting significant transformation and growth to compete with other evolving markets. 710 3rd Avenue represents a tremendous Midtown East development opportunity due to its central location and flexible zoning that allows developers to be creative in an area that is attractive to both residential and professional tenants, as well as tourists.