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- LoopNet Team
103 E 29th St
New York, NY 10016
Land For Sale · 0.10 AC
INVESTMENT HIGHLIGHTS
- Rare development site that is situated in one of New York's most vibrant submarkets, NoMad, a desirable residential and business destination.
- Whether a property resident, tenant, or guest, enjoy exceptional mass transit access with subway stations located within convenient walking distance.
- Sitting on a .10-acre lot with flexible C6 zoning, the location is ideal for a commercial property or a boutique residential condominium building.
- This is the former site of the historic Deauville Hotel, which is currently being demolished, and the site will be delivered shovel-ready Summer 2021.
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.10 AC |
| Property Subtype | Residential |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.10 AC |
DESCRIPTION
103 East 29th Street offers a highly desirable NoMad location just three blocks north of Madison Square Park. The site benefits from outstanding light and air. This was previously the site of the Deauville Hotel. The purchase price includes the demolition costs of the structure. The property enjoys an unusually convenient location just one block from a subway station at Park Avenue South and 28th Street. The station is serviced by the popular 6 train line, with direct access to Grand Central Terminal, Midtown, Union Square, Astor Place, NoHo/SoHo, and Downtown Manhattan. An additional station is located within a five-minute walk at 28th Street and Broadway, where the N and R Trains provide direct service to Times Square and Downtown Brooklyn.
PROPERTY TAXES
| Parcel Number | 0885-0006 | Improvements Assessment | $0 |
| Land Assessment | $1,350,972 | Total Assessment | $1,350,972 |
PROPERTY TAXES
ZONING
| Zoning Code | C6-4A (R10A |
| C6-4A (R10A |
