Contacts

BKREA
Property Details
- Property Type VacantLand
- Property Size 10,500 SF
- Units 20
- Lot Size 1.48 Acre
- Year Built 1920
- Date Updated Mar 3, 2025
Reach out to the broker for more info on lease terms and amenities
Highlights
- Advantageous Accessibility - The site is a 6-minute walk from 34th Street- Herald Square, providing access to subway lines B,D, F, M,N, Q,R, and W.
- allows for immediate redevelopment, streamlining business plans and accelerating project timelines.
- Covered Land Play - This development site offers a unique as-is cash flow opportunity while waiting for MSMX approval. With existing commercial income in place, investors can generate revenue while finalizing plans, securing permits, or awaiting optimal market conditions for redevelopment.
- Coveted Location - 355 Seventh Avenue is ideally located on the border of Midtown South and Chelsea, steps away from Penn Station, allowing developers
- Landmark Air Rights - Ownership has the ability to acquire approximately 19,310 square feet of development air rights for residential use, providing an opportunity to expand housing capacity under the new Midtown South rezoning.
- New Zoning Opportunity - The Midtown South Mixed-Use Plan (MSMX) transforms 42 blocks of Manhattan into a high-density, mixed-use district, allowing for nearly 10,000 new homes, including affordable units, alongside commercial and manufacturing spaces.
- to benefit from strong demand drivers in a rapidly growing area.
- Vacant Possession - The existing building can be delivered vacant, offering significant time and cost savings by eliminating the need for tenant buyouts. This
Getting around
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Walk Score ®
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Transit Score ®
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Bike Score ®
Location
- City New York, NY
- Neighborhood Chelsea
- Zip Code 10001
- Market Manhattan
Points of Interest
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28th Street
0.09 miles
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No. 2 Penn Plaza Entrance
0.11 miles
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7th Avenue & 33rd Street at Northwest Corner
0.17 miles
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33rd Street
0.19 miles
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33rd St / 7th Av
0.20 miles
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Moynihan Train Hall
0.22 miles
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34th Street & Broadway at Northwest Corner
0.26 miles
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Broadway & 23rd Street at Northeast Corner
0.51 miles
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Broadway & 23rd Street at Southeast Corner
0.52 miles
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Times Square
0.61 miles
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ChargePoint
0.22 miles
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Blink
0.49 miles
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Mobil
0.61 miles
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Tesla Supercharger
1.14 miles
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BP
1.30 miles
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Citgo
2.20 miles
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Gulf
2.32 miles
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Sunoco
2.51 miles
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City Parking
0.25 miles
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SP+
0.29 miles
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Icon Parking
0.43 miles
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Icon
0.51 miles
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Lot 9
0.56 miles
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Lot 10
0.59 miles
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Select Garages
0.61 miles
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MPG Manhattan Parking: MP Hudson
0.64 miles
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iClean
2.26 miles
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Rapid Park
5.34 miles
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Stewart Hotel
0.04 miles
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Courtyard Marriot
0.06 miles
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Hotel Hayden
0.10 miles
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DoubleTree
0.10 miles
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Hotel Indigo
0.10 miles
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Hampton
0.11 miles
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Cambria Hotel & Suites
0.11 miles
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Holiday Inn Express
0.12 miles
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Hilton Garden Inn
0.12 miles
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Eventi
0.14 miles
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Manhattan Mall
0.18 miles
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Target
0.22 miles
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Macy's
0.25 miles
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H Mart
0.26 miles
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Whole Foods Market
0.27 miles
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Fairway Market
0.27 miles
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Gristedes
0.27 miles
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Koreatown Shopping Court
0.35 miles
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Westside Market
0.35 miles
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Ideal Food Basket
0.37 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

BKREA