136 West 44th Street

For Sale

136 West 44th Street, New York, NY 10036

This New York property for sale is located at 136 West 44th Street. Contact the listing broker for details on the current sale price for 136 West 44th Street. 136 West 44th Street is situated on a lot that is 1.71 acre in size.

Contacts

broker
Bob Knakal

BKREA

Property Details

  • Property Type VacantLand
  • Lot Size 1.71 Acre
  • Date Updated Feb 11, 2025
BKREA has been exclusively retained to arrange for the sale of 136-140 West 44th Street ("The Site"), an exceptional development opportunity in the heart of Midtown Manhattan. The site is located on the south side of West 44th Street, between Avenue of the Americas and Broadway, with 50 feet of frontage along West 44th Street. Its flexible C6-5.5, MiD zoning, and prime location present developers with an opportunity to capitalize on the strong demand for residential developments, as well as favorable hotel economics driven by the proximity to top tourist attractions such as Times Square and Bryant Park. Currently, the site consists of two tax lots, with Lot 49 being demolished and Lot 50 is improved with a three-story building. The entire site will be delivered vacant, allowing developers to demolish the remaining existing structure. This development site presents an exceptional opportunity for developers to capitalize on the strong fundamentals of the Theater District and Midtown. The area has long been one of New York City's most vibrant and highly visited neighborhoods. It offers convenient walk-to-work access for future residents and is just a 3-minute walk from the Times Square-42nd Street subway station, providing direct transit options to the 1, 2, 3, 7, A, C , E, N, Q, R, S, and W lines, ensuring easy accessibility throughout the cityBKREA has been exclusively retained to arrange for the sale of 136-140 West 44th Street ("The Site"), an exceptional development opportunity in the heart of Midtown Manhattan. The site is located on the south side of West 44th Street, between Avenue of the Americas and Broadway, with 50 feet of frontage along West 44th Street. Its flexible C6-5.5, MiD zoning, and prime location present developers with an opportunity to capitalize on the strong demand for residential developments, as well as favorable hotel economics driven by the proximity to top tourist attractions such as Times Square and Bryant Park. Currently, the site consists of two tax lots, with Lot 49 being demolished and Lot 50 is improved with a three-story building. The entire site will be delivered vacant, allowing developers to demolish the remaining existing structure. This development site presents an exceptional opportunity for developers to capitalize on the strong fundamentals of the Theater District and Midtown. The area has long been one of New York City's most vibrant and highly visited neighborhoods. It offers convenient walk-to-work access for future residents and is just a 3-minute walk from the Times Square-42nd Street subway station, providing direct transit options to the 1, 2, 3, 7, A, C , E, N, Q, R, S, and W lines, ensuring easy accessibility throughout the city
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Highlights

  • Flexible Zoning Opportunity - The favorable C6-5.5, MiD allows residential, commercial, and Universal Affordability Preference enabling the execution of a variety of business plans.
  • Vacant Possession - A portion of the site has already been demolished and the existing building will be delivered vacant, providing time and cost savings.
  • Transferrable Development Rights - Ownership has the ability to transfer approximately 14,018 square feet of development rights for commercial and UAP uses. Additionally, the future development has the potential to cantilever over the remaining Lot 51 allowing more efficiency on upper floors.
  • Coveted Location - 136- 140 West 44th Street is ideally located in the heart of the Theater District of Midtown allowing developers to benefit from the unmatched demand drivers.
  • Advantageous Accessibility - The site is a 3-minute walk from The Times
  • Square – 42nd Street station providing access to subway lines 1, 2, 3, 7, A, C, E, N, Q, R, and W.

Getting around

  • 100/100

    Walk Score ®

  • 100/100

    Transit Score ®

  • 92/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City New York, NY
  • Neighborhood Theatre District - Times Square
  • Zip Code 10036
  • Market Manhattan

Points of Interest

  • Times Square

    0.09 miles

  • 5th Avenue

    0.25 miles

  • 42nd Street–Port Authority Bus Terminal

    0.27 miles

  • Grand Central North - 335 Madison Av Entrance

    0.38 miles

  • Grand Central

    0.39 miles

  • 44th Street Elevator

    0.41 miles

  • Grand Central - 45th Street Entrance

    0.41 miles

  • 43rd / Vanderbilt

    0.41 miles

  • Grand Central - LIRR Concourse

    0.42 miles

  • Grand Central - 47th Street Entrance

    0.42 miles

  • Blink

    0.52 miles

  • ChargePoint

    0.64 miles

  • Mobil

    0.69 miles

  • Tesla Supercharger

    0.71 miles

  • BP

    1.58 miles

  • Citgo

    1.97 miles

  • Sunoco

    2.12 miles

  • Gulf

    2.32 miles

  • Atlantic

    2.34 miles

  • Shell

    2.37 miles

  • Hippodrome Parking

    0.14 miles

  • Icon

    0.20 miles

  • Icon Parking

    0.20 miles

  • City Parking

    0.21 miles

  • Quik Park

    0.28 miles

  • Champion

    0.47 miles

  • Lot 10

    0.55 miles

  • Lot 9

    0.57 miles

  • Alpha Garage

    0.59 miles

  • iClean

    1.58 miles

  • The Chatwal

    0.01 miles

  • hotel mela

    0.02 miles

  • Millennium Broadway

    0.03 miles

  • Casablanca Hotel

    0.04 miles

  • Room Mate Grace Hotel

    0.07 miles

  • Hyatt Centric Times Square

    0.07 miles

  • Hotel St. James

    0.09 miles

  • The Muse New York

    0.09 miles

  • Hilton Garden Inn

    0.12 miles

  • The Knickerbocker Hotel

    0.12 miles

  • Whole Foods Market

    0.14 miles

  • Target

    0.19 miles

  • classic watch inc suite 17

    0.24 miles

  • Muji

    0.28 miles

  • Sunrise Mart

    0.36 miles

  • Key Food

    0.36 miles

  • Saks Fifth Avenue

    0.41 miles

  • Smiler Gourmet Deli

    0.44 miles

  • Macy's

    0.46 miles

  • The Food Emporium

    0.55 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Bob Knakal

BKREA

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