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539 54Th StNew York, NY 10019

68-unit, 21-story mixed-use opportunity

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
124
This exceptional Hell's Kitchen development site at 539 West 54th Street offers a fully vacant, 12,549 sq ft lot with approved plans for a 21-story, 68-unit mixed-use building (81,671 buildable sq ft). The property boasts 125 feet of frontage on 54th Street, providing efficient floorplates. Zoned R8, CL (Special Clinton District), it allows for a significant FAR. Approved plans by GF55 Architects are available, and the site is shovel-ready, with permits currently being processed. This prime location offers convenient access to multiple subway stations and bus routes, plus nearby parks, shops, and restaurants. The previous structure has been demolished, saving prospective buyers time and costs. This presents a unique opportunity to capitalize on the growing Hell's Kitchen neighborhood and its increasing desirability. The approved plans include a community facility component on the bottom two floors. All information regarding the approved plans is readily available. This is a truly exceptional opportunity for a boutique development in a highly sought-after Manhattan location.

Highlights

  • 125 feet of frontage on 54th Street allows for efficient floor plates.
  • Approved plans by GF55 Architects for a 21-story, 68-unit building are available; permits are being processed.
  • 81,671 buildable square feet on a 12,549 sq ft lot.
  • Demolished site offers vacant possession, saving time and costs.
  • Prime Hell's Kitchen location near amenities and transportation.
  • Convenient access to multiple subway lines and bus routes.

Property Details for 539 54Th St

Property type
Mixed-use properties
Stories
21
Units
68

Location Insight

City
New York
County
New York
State
New York
Latitude
40.7682173
Longitude
-73.991549
539 54Th St, New York, New York

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FAQs

What type of property is this?
Mixed-use property - 68-unit, 21-story mixed-use opportunity
Where is the mixed-use property located?
The property is located at 539 54Th St New York, NY.
What are key features of this property?
This property features: 125 feet of frontage on 54th Street allows for efficient floor plates.; Approved plans by GF55 Architects for a 21-story, 68-unit building are available; permits are being processed.; 81,671 buildable square feet on a 12,549 sq ft lot.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Bob Knakal
Bob Knakal
Ryan Candel
Jas Saini
Visit Broker Website

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Useful Information

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54Th St
New York, NY 10019

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54Th St
New York, NY 10019

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

539 54Th St
  • Bob Knakal
    Bob Knakal
  • Ryan Candel
  • Jas Saini
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