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260 W 36th St
New York, NY 10018
Office Property For Sale


Investment Highlights
- Ten-story building with historic architecture and modern upgrades
- Positioned within a proposed rezoning area with potential for increased FAR
- Includes three passenger elevators and one freight elevator
- Located in Midtown’s Garment District near Penn Station and Madison Square Garden
- Features central air on upper floors and slab-to-slab ceiling heights up to 14 feet
- Surrounded by major transit options and corporate headquarters
Executive Summary
Located in the heart of Midtown Manhattan’s Garment District, 260 West 36th Street is a ten-story office building offering a compelling blend of historic character and redevelopment potential. Built in 1907 and altered in 1986, the property features a concrete and cinderblock frame with wood-framed windows facing the street and aluminum-framed windows at the rear. The building spans approximately 102,611 rentable square feet across a 7,266-square-foot lot, with 73.58 feet of frontage along West 36th Street and a depth of 98.75 feet.
Positioned just two blocks north of Penn Station and Madison Square Garden, the property benefits from exceptional transit access, including the A, C, E, 1, 2, and 3 subway lines, LIRR, NJ Transit, and Amtrak at Moynihan Hall. The building includes three passenger elevators and one freight elevator, steam boiler heating with a 3,000-gallon oil tank, and central air conditioning on the top three floors. Ceiling heights range from 12 feet slab-to-slab, with 14 feet on the second floor.
Currently zoned M1-6 within the Special Garment Center District, the property is located in the proposed Midtown South Mixed Use (MSMX) rezoning area. If approved, zoning could shift to M1-9A/R10, allowing up to 18 FAR for residential and 15 FAR for commercial development. This opens the door to significant redevelopment potential, including conversion to residential or mixed-use, with possible assemblage opportunities alongside neighboring properties on 8th Avenue.
Positioned just two blocks north of Penn Station and Madison Square Garden, the property benefits from exceptional transit access, including the A, C, E, 1, 2, and 3 subway lines, LIRR, NJ Transit, and Amtrak at Moynihan Hall. The building includes three passenger elevators and one freight elevator, steam boiler heating with a 3,000-gallon oil tank, and central air conditioning on the top three floors. Ceiling heights range from 12 feet slab-to-slab, with 14 feet on the second floor.
Currently zoned M1-6 within the Special Garment Center District, the property is located in the proposed Midtown South Mixed Use (MSMX) rezoning area. If approved, zoning could shift to M1-9A/R10, allowing up to 18 FAR for residential and 15 FAR for commercial development. This opens the door to significant redevelopment potential, including conversion to residential or mixed-use, with possible assemblage opportunities alongside neighboring properties on 8th Avenue.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
105,000 SF
Building Class
C
Year Built/Renovated
1907/2002
Percent Leased
100%
Tenancy
Multiple
Building Height
10 Stories
Typical Floor Size
10,450 SF
Slab To Slab
12’
Building FAR
10.04
Lot Size
0.24 AC
Zoning
M1-6, GC - Manufacturing District
Amenities
- Metro/Subway
- Property Manager on Site
- Signage
Property Taxes
| Parcel Number | 0785-0075 | Improvements Assessment | $4,793,850 |
| Land Assessment | $567,000 | Total Assessment | $5,360,850 |
Property Taxes
Parcel Number
0785-0075
Land Assessment
$567,000
Improvements Assessment
$4,793,850
Total Assessment
$5,360,850
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