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Mixed-Use

157 West 24th Street

157 W 24th St, New York, NY 10011

Listing Price: $11,000,000

Lot Size
0.05 acres
Price/Acre
$232,941,176
Land Type
Land

Investment Overview

Marcus & Millichap is pleased to offer 157 West 24th street, located between 6th and 7th Avenue in the Chelsea section of Manhattan. The subject property offers developers the rare opportunity to acquire a development site with 20 feet of frontage on West 24th Street and M1-6 Zoning allowing for 20,569 buildable square feet “As of Right” with approved Hotel Development Plans and BSA Approved Residential Development in the Chelsea section of Manhattan, New York.

Investment Highlights

  • Prime Chelsea, Shovel Ready Development Opportunity
  • M1-6 Zoning Allowing for a FAR of 10 "As of Right"
  • BSA Approved 12-Story, 18,500 SF Mixed Commercial and Residential Development
  • Approved Plans for 18-Story, 20,012 Square Feet Hotel
  • In Close Proximity to Subway Lines 1, C, E. F, M, N, W, R

Exclusively Listed By

Mixed-Use

157 West 24th Street

Listing Price: $11,000,000

Lot Size
0.05 acres
Price/Acre
$232,941,176
Land Type
Land

Investment Highlights

  • Prime Chelsea, Shovel Ready Development Opportunity
  • M1-6 Zoning Allowing for a FAR of 10 "As of Right"
  • BSA Approved 12-Story, 18,500 SF Mixed Commercial and Residential Development
  • Approved Plans for 18-Story, 20,012 Square Feet Hotel
  • In Close Proximity to Subway Lines 1, C, E. F, M, N, W, R

Investment Overview

Marcus & Millichap is pleased to offer 157 West 24th street, located between 6th and 7th Avenue in the Chelsea section of Manhattan. The subject property offers developers the rare opportunity to acquire a development site with 20 feet of frontage on West 24th Street and M1-6 Zoning allowing for 20,569 buildable square feet “As of Right” with approved Hotel Development Plans and BSA Approved Residential Development in the Chelsea section of Manhattan, New York.

Exclusively Listed By

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