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Investment Highlights

  • 43,190± residential ZFA for market rate and 51,836± residential ZFA for UAP
  • Inclusionary housing certificates available to purchase separately
  • 100% free market tenancy and retail demolition clauses offer covered land strategy
  • C1-9A zoning district, which has an R10A equivalent
  • Not subject to Historic District or Landmark Designation
  • Will benefit from Phase 3 of the 2nd Avenue Subway project

Executive Summary

Avison Young, as exclusive agent, is pleased to offer a corner development site at 617-621 Second Avenue (“Property” or “Site”) in the Murray Hill neighborhood of Manhattan. The Property features a combined 132± feet of wraparound frontage on the southwest corner of 34th Street and Second Avenue. The fully free market Property provides developers with the opportunity to create a highly visible development on one of the most prominent corners in Murray Hill.

Data Room Click Here to Access

Property Facts

Price $21,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.10 AC
Zoning C1-9A

1 Lot Available

Lot

Price $21,000,000
Price Per AC $211,749,047.13
Lot Size 0.10 AC

Free market corner development site at 617-621 Second Avenue in the Murray Hill neighborhood of Manhattan.

Exceptionally walkable
90/100
Moderately drivable
70/100
Exceptional public transit
100/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
0914-0035
Land Assessment
$238,950
Improvements Assessment
$514,710
Total Assessment
$753,660
  • Listing ID: 40754091

  • Date on Market: 6/2/2026

  • Last Updated:

  • Address: 617-621 Second Ave, New York, NY 10016

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