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515 W 43rd St
New York, NY 10036 Midtown West

$26,000,000 USD

Land For Sale  •  0.23 AC

Property Details

  • Property Type Land
  • Lot Size 0.23 AC
  • Zoning R9
100 Transit Score
100 Walk Score

Description 

INVICTUS Property Advisors has been retained on an exclusive basis for the sale of 515-519 West 43rd Street, a block-through development opportunity in Hell's Kitchen with 75’ of frontage along 43rd Street and 25’ of frontage along 44th Street. The opportunity presents developers with a blank canvas to develop over 60,000 BSF as-of-right and over 80,000 BSF with inclusionary housing in the Special Clinton Purpose District with R9/CL zoning. 

The subject site is located on the same street as several highly publicized new developments, including Moinian Group's luxury rental project (Oskar), El Ad 16-story, 123 unit, condo and rental block-through (Charlie West), DHA Capital's 300-unit luxury block-through rental, and Xin Development International’s 92-unit, full block condominium building between West 44th & 45th Streets.

The property is in close proximity to the A, C, and E subway lines on 42nd Street and 8th Avenue and the Port Authority Bus Terminal. The area also benefits from the 7 Train extension to Hudson Yards.  515-519 West 43rd Street is at the intersection of Midtown West, Times Square and Hudson Yards, and is flooded with great restaurants, trendy nightspots and stylish boutiques.  The electricity of Times Square, the mecca of theater entertainment on Broadway and the Hudson River Greenway are all within walking distance.

Highlights

Condominium Location
Can be Delivered Vacant
Block-Through
60,000 BSF as-of-right and over 80,000 BSF with inclusionary housing.

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
4 min 19 min 1.0 mi
New York Penn Station (NJT) (Montclair-Boonton Line - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Gladstone Branch - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Morristown Line - NJ Transit Commuter Rail (NJ Transit), North Jersey Coast Line - NJ Transit Commuter Rail (NJ Transit), Northeast Corridor Line - NJ Transit Commuter Rail (NJ Transit)) 4 min - 1.2 mi
Transit/SubwayDriveWalkDistance
42 Street-Port Authority Bus Terminal (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway), E - New York MTA Subway (The Subway)) 3 min 9 min 0.5 mi
Times Square-42 Street (1 - New York MTA Subway (The Subway), 2 - New York MTA Subway (The Subway), 3 - New York MTA Subway (The Subway), 42 St Shuttle - New York MTA Subway (The Subway), 7 - New York MTA Subway (The Subway), N - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 3 min 12 min 0.6 mi
50 Street (A,C,E Line) (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway), E - New York MTA Subway (The Subway)) 2 min 14 min 0.7 mi
34 Street-Penn Station (A,C,E Line) (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway), E - New York MTA Subway (The Subway)) 3 min 16 min 0.8 mi
49 Street (N - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 3 min 17 min 0.9 mi
AirportDriveWalkDistance
LaGuardia 21 min - 8.5 mi
Newark Liberty International 19 min - 13.7 mi
John F Kennedy International 31 min - 18.0 mi
Andrew Levine 212-596-7570 Invictus Property Advisors
Andrew Levine 212-596-7570 Invictus Property Advisors