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21-23 West 45th Street 2 Office Properties in New York, NY
EXECUTIVE SUMMARY
BKREA has been exclusively retained to arrange for the sale of 21-23 West 45th Street ("The Site"), an exceptional development opportunity in the heart of Midtown Manhattan. The site is located on the north side of West 45th Street, between Avenue of the Americas and Fifth Avenue, with 50 feet of frontage along West 45th Street. Its flexible C6-4.5, MiD zoning, and prime location presents developers with an opportunity to capitalize on the strong demand for residential developments, as well as favorable hotel economics
driven by the proximity to top tourist attractions such as Times Square and Bryant Park. Currently, the site consists of two tax lots. Lot 25 is improved with a three-story commercial building. Lot 26 is improved by a six-story commercial building.
driven by the proximity to top tourist attractions such as Times Square and Bryant Park. Currently, the site consists of two tax lots. Lot 25 is improved with a three-story commercial building. Lot 26 is improved by a six-story commercial building.
PROPERTY FACTS
| Sale Condition | Redevelopment Project | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 23,374 SF |
| Status | Active | Total Land Area | 0.12 AC |
| Number of Properties | 2 |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 23,374 SF |
| Total Land Area | 0.12 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 21 W 45th St, New York, NY 10036 | Office | 14,274 SF | 1900 | - |
| 23 W 45th St, New York, NY 10036 | Office | 9,100 SF | 1929 | - |
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21-23 West 45th Street
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