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417 E 61st St - 417 East 61st Street 0.09 Acres of Commercial Land in New York, NY 10065
INVESTMENT HIGHLIGHTS
- Upper East Side location
- Flexible zoning
- Air rights available from adjoining property
EXECUTIVE SUMMARY
In addition to the development rights of 417 East 61st Street, the neighboring site to the east offers additional air rights, which combined with the subject lot’s air rights, allows for an up to 77,927 square foot commercial development or up to a 102,809 square foot community use development. Both sites are owned by The Colonial Dames of America (“CDA”) and the air rights of 419 East 61st Street are included in this offering. The Mount Vernon Hotel Museum and Garden is located at 419 East 61st Street and is a New York City Landmark. Therefore, light and air to the east will be maintained in perpetuity.
417 East 61st Street is strategically located in the Hospital Corridor which offers easy access to the City’s top hospitals including the Hospital for Special Surgery, New York Presbyterian/Weill Cornell Hospital, Lenox Hill Hospital, and Rockefeller University Hospital. Transportation is also abundant in the area including the 4, 5, 6, N, R and W subways as well as the F and Q subway lines at East 63rd Street. The site also offers convenient access to the FDR and the 59th Street Bridge.
417 East 61st Street is strategically located in the Hospital Corridor which offers easy access to the City’s top hospitals including the Hospital for Special Surgery, New York Presbyterian/Weill Cornell Hospital, Lenox Hill Hospital, and Rockefeller University Hospital. Transportation is also abundant in the area including the 4, 5, 6, N, R and W subways as well as the F and Q subway lines at East 63rd Street. The site also offers convenient access to the FDR and the 59th Street Bridge.
PROPERTY FACTS
| Sale Type | Investment or Owner User | Property Type | Land |
| Sale Condition | Ground Lease (Leasehold) | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.09 AC |
| Zoning | C8-4 - Full zoning analysis to be provided upon request. | ||
| Sale Type | Investment or Owner User |
| Sale Condition | Ground Lease (Leasehold) |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.09 AC |
| Zoning | C8-4 - Full zoning analysis to be provided upon request. |
1 LOT AVAILABLE
Lot 10
| Lot Size | 0.09 AC |
| Lot Size | 0.09 AC |
Mermel & McLain Management LLC has been retained on an exclusive basis to arrange for a 99-year ground lease of 417 East 61st Street, located between First and York Avenues.
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Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (80)
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Mermel & McLain Management
417 E 61st St - 417 East 61st Street
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