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Investment Highlights

  • Shovel-ready residential development site in Hell’s Kitchen.
  • Steps from Broadway, Times Square, and Central Park.
  • Surrounded by successful condo developments and strong demand.
  • Zoned R8/CL with up to 12,650 buildable SF potential.
  • Excellent transit access to A, C, E, B, D, and #1 trains.
  • Limited new construction in a high-growth neighborhood.

Executive Summary

352 West 52nd Street offers a rare development opportunity in the heart of Manhattan’s vibrant Hell’s Kitchen neighborhood. This 2,510 SF lot, zoned R8/CL, allows for 10,542 SF of buildable area as-of-right and up to 12,650 SF with inclusionary housing. The property is ideally positioned on a quiet residential block just steps from the Broadway Theater District, Columbus Circle, and Central Park. With a Walk Score of 99 and immediate access to multiple subway lines (#1, A, C, E, B, D), the site provides exceptional connectivity to Midtown and beyond. Surrounded by a proven condo market and limited new construction, this parcel presents a compelling opportunity for developers to deliver a boutique residential project in one of Manhattan’s most desirable and supply-constrained submarkets.

Property Facts

Price $5,956,532 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Apartment Units - Condo
Total Lot Size 0.05 AC
Zoning R8 / CL - High density residential

1 Lot Available

Lot

Price $5,956,532 CAD
Price Per AC $120,682,614.88 CAD
Lot Size 0.05 AC

Shovel-ready residential lot in Hell’s Kitchen with 25’ x 100.5’ dimensions, zoned R8/CL, allowing 10,542–12,650 buildable SF. Steps from major transit and cultural hubs.

Description

Located at 352 West 52nd Street, this vacant lot sits in the dynamic Hell’s Kitchen neighborhood of Manhattan, an area known for its cultural vibrancy and strong residential demand. The property measures 25’ x 100.5’ and is zoned R8/CL, offering significant development potential with up to 12,650 buildable SF under the inclusionary housing program. The site is within walking distance of Central Park, Times Square, and major office corridors along Avenue of the Americas and Rockefeller Center. Residents will enjoy unmatched access to public transportation, including the A, C, E, B, D, and #1 subway lines, as well as proximity to the LIRR and major transit hubs. With limited new construction in the area and a strong track record of successful condominium developments nearby, this property represents a prime opportunity for residential development in a high-demand Manhattan location.

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

Property Taxes

Property Taxes

Parcel Number
1042-0053
Land Assessment
$791,429 CAD
Improvements Assessment
$0 CAD
Total Assessment
$791,429 CAD
  • Listing ID: 39915212

  • Date on Market: 2026-03-26

  • Last Updated:

  • Address: 352 W 52nd St, New York, NY 10019

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