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41 W 36th St - Air Rights for 41 W 36th St 0.64 Acres of Residential Land in New York, NY 10018

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Investment Highlights

  • Investment opportunity with more than 28,000 sq ft of air rights, which, paired with the R12 zoning district, results in a maximum FAR of up to 18.
  • Exceptional transit connectivity with immediate access to Penn Station, Grand Central Terminal, and multiple subway lines, ensuring convenience.

Executive Summary

Opportunity in the heart of Midtown Manhattan, offering mixed-use zoning that accommodates both commercial and residential applications with competitive market pricing. This offering provides the air rights for the property located in 41 W 36th St, New York, NY 10018-7905, the building is also available for sale.
Surrounded by world-class amenities, the property sits steps from iconic landmarks such as the Empire State Building and Bryant Park, with Times Square and Madison Square Garden just minutes away. The neighborhood boasts an unparalleled concentration of luxury hotels, fine dining establishments, and vibrant retail corridors along Fifth Avenue and Herald Square. This dynamic environment attracts a diverse demographic of professionals, tourists, and residents, supported by a daytime population in the hundreds of thousands and strong purchasing power.
Transportation access is exceptional, with Penn Station, Grand Central Terminal, and multiple subway lines within walking distance, ensuring seamless connectivity across the city and beyond. The area’s robust infrastructure and high foot traffic make this location ideal for redevelopment into boutique residential units, mixed-use retail, or a flagship commercial presence.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Storefront, Retail or Residential
Total Lot Size 0.64 AC
Year Built 1935
Zoning M1-6 - Light Manufacturing Zoning District and High-Density Residential Zoning District.

1 Lot Available

Lot

Lot Size 0.64 AC

28,000 sqft of air rights.

Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
0838-0020
Land Assessment
$404,268 CAD
Improvements Assessment
$725,966 CAD
Total Assessment
$1,130,234 CAD
  • Listing ID: 39403709

  • Date on Market: 2026-02-11

  • Last Updated:

  • Address: 41 W 36th St, New York, NY 10018

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