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Development Site at 301 East 60th 3 biens • Terrain • New York, NY
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Faits saillants de l'investissement
- Shovel-ready corner development site with full assemblage.
- Protected light and air due to proximity to the Queensborough Bridge.
- Located in a proven luxury residential submarket with strong absorption and pricing trends.
- 100 feet of Second Avenue frontage and 75 feet on East 60th Street.
- Potential to increase ZFA through additional air rights.
Résumé de l'annonce
Cushman & Wakefield has been exclusively retained to sell the premier development opportunity at 301 East 60th Street, a.k.a. 1140–1148 Second Avenue, located at the nexus of the Upper East Side and Midtown. The site spans a full corner assemblage with 100’ of frontage along Second Avenue and 75’ on East 60th Street , offering exceptional visibility, scale, and unobstructed East River views.
The property is zoned C2-8 / R10A with a lot size of 7,500 square feet and air-rights from two neighboring properties, resulting in a ZFA of 100,540 square feet. This rare concentration of buildable density at a prime Upper East Side corner positions the site as the most attractive development opportunity available in the submarket.
At higher floors, the site offers the potential for unobstructed East River views. The corner orientation and eastern exposure allow for efficient unit layouts and strong natural light. The offering further benefits from a preliminary condominium development study conducted by a world-renowned architect, providing a buyer with a meaningful head start on design.
The Upper East Side continues to demonstrate exceptional strength for luxury condominium product, with multiple new-development projects in the area achieving rapid
sellouts above $3,000 per square foot. 301 East 60th Street represents a rare opportunity to develop a landmark residential asset in one of Manhattan’s most proven and supply constrained neighborhoods.
The property is zoned C2-8 / R10A with a lot size of 7,500 square feet and air-rights from two neighboring properties, resulting in a ZFA of 100,540 square feet. This rare concentration of buildable density at a prime Upper East Side corner positions the site as the most attractive development opportunity available in the submarket.
At higher floors, the site offers the potential for unobstructed East River views. The corner orientation and eastern exposure allow for efficient unit layouts and strong natural light. The offering further benefits from a preliminary condominium development study conducted by a world-renowned architect, providing a buyer with a meaningful head start on design.
The Upper East Side continues to demonstrate exceptional strength for luxury condominium product, with multiple new-development projects in the area achieving rapid
sellouts above $3,000 per square foot. 301 East 60th Street represents a rare opportunity to develop a landmark residential asset in one of Manhattan’s most proven and supply constrained neighborhoods.
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Faits sur la propriété
| Type de vente | Investissement | Individuellement en vente | 0 |
| Statut | Actif | Superficie totale du terrain | 0,17 AC |
| Nombre de propriétés | 3 |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 3 |
| Individuellement en vente | 0 |
| Superficie totale du terrain | 0,17 AC |
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Prix individuel |
|---|---|---|---|
| 301 E 60th St, New York, NY 10022 | Terrain | 0,07 AC | - |
| 1146-1148 2nd Ave, New York, NY 10065 | Terrain | 0,07 AC | - |
| 1144 2nd Ave, New York, NY 10065 | Terrain | 0,03 AC | - |
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Development Site at 301 East 60th
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