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250 W 30th St

0.11 Acres of Commercial Land Offered at $31,893,075 CAD in New York, NY 10001

Investment Highlights

  • 2 Blocks away from Madison Square Garden.
  • Heavy foot traffic.

Executive Summary

Modern Spaces Commercial + Investment Division has been exclusively retained to sell this prime Chelsea mixed-use development site. Located one block from Madison Square Garden and Moynihan Station, 250 W 30th Street offers unparalleled access to transit, entertainment and retail. The M1-6D zoning allows for an as-of-right F.A.R. of 10 (49,400 B.S.F.) or 12 (59,280 B.S.F.) with inclusionary housing. The site includes a certificate (see page 5) from HPD that allows for an additional 10,000 B.S.F. for market rate housing over the as-of-right 10 F.A.R.

Property Facts

Price $31,893,075 CAD
Sale Type Investment
Sale Conditions Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 0.11 AC

1 Lot Available

Lot

Price $31,893,075 CAD
Price Per AC $281,226,684 CAD
Lot Size 0.11 AC

Ready to build lot in mid-town.

Description

The site includes a certificate (see page 5) from HPD that allows for an additional 10,000 B.S.F. for market rate housing over the as-of-right 10 F.A.R.

Walk Score ®
Walker's Paradise (98)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (95)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0779-0069
Land Assessment
$546,478 CAD
Improvements Assessment
$1,162,950 CAD
Total Assessment
$1,709,428 CAD

zoning

Zoning Code M1-6D (Please see setup for more zoning information.)
M1-6D (Please see setup for more zoning information.)
  • Listing ID: 31978412

  • Date on Market: 2024-05-31

  • Last Updated:

  • Address: 250 W 30th St, New York, NY 10001

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