304-306 W 49th St
New York, NY 10019
Specialty Property For Sale
·
28,245 SF
Investment Highlights
- 50’ wide, 6-story building
- 10,544 sq. ft. of unused air rights
Property Facts
| Property Type | Specialty | Building Size | 28,245 SF |
| Property Subtype | Parking Garage | No. Stories | 6 |
| Building Class | B | Year Built | 1930 |
| Lot Size | 0.11 AC | ||
| Zoning | C6-4 - C6 districts permit a wide range of high-bulk commercial uses requiring a central location | ||
| Property Type | Specialty |
| Property Subtype | Parking Garage |
| Building Class | B |
| Lot Size | 0.11 AC |
| Building Size | 28,245 SF |
| No. Stories | 6 |
| Year Built | 1930 |
| Zoning | C6-4 - C6 districts permit a wide range of high-bulk commercial uses requiring a central location |
About 304-306 W 49TH ST , NEW YORK, NY 10019
The Property, which can be delivered vacant, is split zoned with half of the lot lying in a C6-4 high density mixed-use zoning district and the other half of the lot positioned in an R8 residential zoning district. The Property’s prime location offers substantial commuting options with the IND Eighth Avenue Line servicing the A, C and E subway lines on the block, footsteps from the building’s entrance. There are multiple bus lines that cross cut 49th Street and 8th Avenue and provide access throughout the borough, including the M20, M50 and M104. Additionally, the Port Authority Bus Terminal, a major regional transportation hub, is a few blocks South of the Property. 304 West 49th Street presents a tremendous opportunity for a developer or owner-user to acquire a vacant building and reconstruct it to a diverse set of uses in one of Manhattan’s most well established sub markets.
Property Taxes
| Parcel Number | 1039-0038 | Improvements Assessment | $2,092,770 |
| Land Assessment | $712,800 | Total Assessment | $2,805,570 |
Property Taxes
