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Investment Highlights

  • World class location on 56th Street nearby Billionaire’s Row
  • Lot dimensions are 40’ wide by 100’ deep
  • Prime boutique development site (48,240 ZFA)

Executive Summary

Cushman & Wakefield has been retained to arrange the sale of 146 East 56th Street, a premier boutique development site located in the heart of the Plaza District. The lot spans 40’ x 100’ and is unique in that it will be delivered vacant, thereby allowing a developer to purchase and start filing plans immediately.
The 4,020 square foot lot carries a base as-of-right FAR of 10.0, however, the owner has acquired an additional 2.0 FAR worth of inclusionary certificates, bringing the total achievable ZFA to approximately 48,240 square feet, without the need to build affordable housing.
The addition of the IH certificates also allows for greater flexibility for floor plate design as it allows for a higher street wall requirement than as-of-right zoning would typically allow.
146 East 56th Street is located nearby the prestigious Billionaire’s Row, numerous Fortune 500 firms who have offices along Park and Lexington Avenues, and some of the most desired retail in the world running along the Fifth Avenue corridor.
With preliminary studies already prepared and designed by industry-leading architecture firm Hill West, 146 East 56th Street offers an unparalleled opportunity to purchase an
unencumbered boutique development site in one of the most desired submarkets in all of Manhattan.

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Storefront
Building Size
16,181 SF
Building Class
C
Year Built/Renovated
1910/1987
Price
$31,456,639 CAD
Price Per SF
$1,944.05 CAD
Tenancy
Single
Building Height
4 Stories
Building FAR
4.13
Lot Size
0.09 AC
Zoning
C5-2, New York - Central commercial district with continuous retail frontage intended for offices and retail establishments that serve the entire metropolitan region
Frontage
40’ on East 56th St

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • Lower Level
  • 3,901 SF
  • Office/Retail
  • In-Line
  • Jul 2026
  • 1st Floor
  • 3,901 SF
  • Retail
  • In-Line
  • Jul 2026
  • 2nd Floor
  • 3,378 SF
  • Office/Retail
  • In-Line
  • Jul 2026
  • Mezzanine
  • 1,623 SF
  • Office/Retail
  • In-Line
  • Jul 2026
  • 3rd Floor
  • 3,378 SF
  • Office/Retail
  • In-Line
  • Jul 2026
Space Size Space Use Position Available
Lower Level 3,901 SF Office/Retail In-Line Jul 2026
1st Floor 3,901 SF Retail In-Line Jul 2026
2nd Floor 3,378 SF Office/Retail In-Line Jul 2026
Mezzanine 1,623 SF Office/Retail In-Line Jul 2026
3rd Floor 3,378 SF Office/Retail In-Line Jul 2026

Lower Level

Size
3,901 SF
Space Use
Office/Retail
Position
In-Line
Available
Jul 2026

1st Floor

Size
3,901 SF
Space Use
Retail
Position
In-Line
Available
Jul 2026

2nd Floor

Size
3,378 SF
Space Use
Office/Retail
Position
In-Line
Available
Jul 2026

Mezzanine

Size
1,623 SF
Space Use
Office/Retail
Position
In-Line
Available
Jul 2026

3rd Floor

Size
3,378 SF
Space Use
Office/Retail
Position
In-Line
Available
Jul 2026

1st Floor

Size 3,901 SF
Space Use Retail
Position In-Line
Available Jul 2026

2nd Floor

Size 3,378 SF
Space Use Office/Retail
Position In-Line
Available Jul 2026

Mezzanine

Size 1,623 SF
Space Use Office/Retail
Position In-Line
Available Jul 2026

3rd Floor

Size 3,378 SF
Space Use Office/Retail
Position In-Line
Available Jul 2026

Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Very bikeable
80/100

Nearby Major Retailers

SoulCycle
PureGym
F45 Training
CorePower Yoga
Orangetheory Fitness
Pret A Manger
Starbucks
Whole Foods Market
Wells Fargo
TD Bank

Property Taxes

Property Taxes

Parcel Number
1310-0047
Land Assessment
$1,237,067 CAD
Improvements Assessment
$3,880,819 CAD
Total Assessment
$5,117,886 CAD
  • Listing ID: 40305748

  • Date on Market: 2026-04-27

  • Last Updated:

  • Address: 146 E 56th St, New York, NY 10022

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