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617-621 Second Ave 0.1 Acres of Residential Land Offered at $29,054,551 CAD in New York, NY 10016
Investment Highlights
- 43,190± residential ZFA for market rate and 51,836± residential ZFA for UAP
- Inclusionary housing certificates available to purchase separately
- 100% free market tenancy and retail demolition clauses offer covered land strategy
- C1-9A zoning district, which has an R10A equivalent
- Not subject to Historic District or Landmark Designation
- Will benefit from Phase 3 of the 2nd Avenue Subway project
Executive Summary
Avison Young, as exclusive agent, is pleased to offer a corner development site at 617-621 Second Avenue (“Property” or “Site”) in the Murray Hill neighborhood of Manhattan. The Property features a combined 132± feet of wraparound frontage on the southwest corner of 34th Street and Second Avenue. The fully free market Property provides developers with the opportunity to create a highly visible development on one of the most prominent corners in Murray Hill.
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Property Facts
| Price | $29,054,551 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 0.10 AC |
| Zoning | C1-9A | ||
| Price | $29,054,551 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.10 AC |
| Zoning | C1-9A |
1 Lot Available
Lot
| Price | $29,054,551 CAD | Lot Size | 0.10 AC |
| Price Per AC | $292,965,404.29 CAD |
| Price | $29,054,551 CAD |
| Price Per AC | $292,965,404.29 CAD |
| Lot Size | 0.10 AC |
Free market corner development site at 617-621 Second Avenue in the Murray Hill neighborhood of Manhattan.
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Exceptionally walkable
90/100
Moderately drivable
70/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 0914-0035 | Improvements Assessment | $712,127 CAD |
| Land Assessment | $330,599 CAD | Total Assessment | $1,042,726 CAD |
Property Taxes
Parcel Number
0914-0035
Land Assessment
$330,599 CAD
Improvements Assessment
$712,127 CAD
Total Assessment
$1,042,726 CAD
Contacts
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James Nelson -
Ryan McGuirl -
Charles Kingsley -
Alexandra Marolda -
Noah Kossoff -
Avison Young
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617-621 Second Ave
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