139-141 East 45th Street

For Sale

139-141 East 45th Street, New York, NY 10017

This New York property for sale is located at 139-141 East 45th Street. Contact the listing broker for details on the current sale price for 139-141 East 45th Street. 139-141 East 45th Street is situated on a lot that is 0.1 acre in size.

Contacts

broker
Bob Knakal

BKREA

Property Details

  • Property Type VacantLand
  • Lot Size 0.1 Acre
  • Additional Rent Contact for pricing
  • Date Updated Dec 11, 2024
Perfectly situated within the Midtown East district, the site possesses prime accessibility to all corners of Manhattan, courtesy of its proximity to Grand Central Station. Grand Central serves as a central transportation hub, connecting multiple subway lines such as the 4 5 6 S 7 , as well as the Long Island Railroad and the Metro North Railroad. With such comprehensive transportation options, this location offers unmatched convenience for commuters and travelers alike. Moreover, the area is enriched by nearby cultural landmarks and tourist destinations such as the United Nations Building, East Midtown Greenway, and the iconic Chrysler Building, all of which elevate the appeal of 139-141 East 45th Street.BKREA has been exclusively retained to facilitate the sale of an exceptional boutique development site (“The Site”), situated at 139-141 East 45th Street. Positioned in the vibrant Midtown East district, around the corner from Grand Central Station, this 4,217 square foot parcel comprises two contiguous buildings boasting a collective frontage of 42 feet along the northern side of East 45th Street, nestled between Lexington and Third Avenues. Currently, 139 East 45th Street stands as a vacant 5-story, mixed-use building maintaining 22 feet of frontage, while 141 East 45th Street presents as a vacant 4-story, mixed-use building with 20 feet frontage. Positioned within the C5-2.5, MiD (Special Midtown District), the property permits a base FAR of 10.0 for residential and a 12.0 FAR for commercial. This equates to a residential density of 42,170 ZFA and a commercial density of 50,604 ZFA. Potential developers could enhance their residential FAR to the 12.0 FAR by integrating a residential recreation space. While development is likely the highest and best use, the vacant delivery allows prospective investors and/ or users the optionality to potentially utilize or lease out the two buildings as mixed-use residential properties in the short term with a potential to develop at a later point. Perfectly situated within the Midtown East district, the site possesses prime accessibility to all corners of Manhattan, courtesy of its proximity to Grand Central Station. Grand Central serves as a central transportation hub, connecting multiple subway lines such as the 4, 5, 6, S, 7 as well as the Long Island Railroad and the Metro North Railroad. With such comprehensive transportation options, this location offers unmatched convenience for commuters and travelers alike. Moreover, the area is enriched by nearby cultural landmarks and tourist destinations such as the United Nations Building, East Midtown Greenway, and the iconic Chrysler Building, all of which elevate the appeal of 139-141 East 45th Street.
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Highlights

  • Favorable Zoning: The C5-2.5, MiD* (Special Midtown District) permits both residential and commercial developments as-of-right
  • Vacant Possession: The Site will be delivered vacant allowing prospective developers to demolish the buildings. Additionally prospective value-add investors could renovate and lease the existing buildings.
  • Proximity to Midtown CBD: The Midtown CBD is home to numerous Fortune 500 companies, facilitating a seamless “walkto-work” lifestyle
  • Ideal Location: Distinguished by the presence of the United Nations and numerous international embassies, Midtown East is home to a thriving culinary scene featuring vibrant restaurants and bars that cater to both local residents and global visitors.
  • Convenient Accessibility: The offering is well positioned near Grand Central Station allowing access to Manhattan, the surrounding boroughs, Long Island, Westchester and Connecticut.

Getting around

  • 99/100

    Walk Score ®

  • 100/100

    Transit Score ®

  • 83/100

    Bike Score ®

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Location

  • City New York, NY
  • Neighborhood Turtle Bay
  • Zip Code 10017
  • Market Manhattan

Points of Interest

  • Grand Central 43rd Street / Lexington Avenue entrance

    0.10 miles

  • Grand Central - 47th Street Entrance

    0.12 miles

  • Grand Central Terminal - Park Avenue Entrance

    0.12 miles

  • Grand Central - 48th Street Entrance

    0.18 miles

  • Grand Central 43rd Street / Vanderbilt Avenue entrance

    0.19 miles

  • Grand Central - 45th Street Entrance

    0.19 miles

  • Grand Central 42nd Street entrance

    0.20 miles

  • 44th Street Elevator

    0.20 miles

  • 43rd / Vanderbilt

    0.22 miles

  • Grand Central 42nd Street / Vanderbilt Avenue entrance

    0.22 miles

  • Tesla Supercharger

    0.12 miles

  • ChargePoint

    0.28 miles

  • Bus Charging Station

    0.44 miles

  • BP

    1.25 miles

  • Mobil

    1.26 miles

  • Citgo

    1.36 miles

  • Sunoco

    1.54 miles

  • Gulf

    1.76 miles

  • Atlantic

    1.80 miles

  • Shell

    1.83 miles

  • intlFcstone 10022 LOCi Multi

    0.05 miles

  • Quik Park Garage

    0.05 miles

  • 20th Century Garage

    0.27 miles

  • icon 24hr Parking

    0.35 miles

  • Central Parking

    0.38 miles

  • Icon Parking

    0.44 miles

  • Hippodrome Parking

    0.47 miles

  • Alpha Garage

    0.51 miles

  • Select Garages

    0.54 miles

  • Icon

    0.70 miles

  • Club Quarters Hotel

    0.02 miles

  • Hotel Boutique

    0.04 miles

  • Fitzpatrick Grand Central Hotel

    0.04 miles

  • Club Wyndham Midtown 45

    0.09 miles

  • The Bernic

    0.11 miles

  • Roger Smith Hotel

    0.12 miles

  • EVEN Hotel Midtown East

    0.13 miles

  • Residence Inn

    0.13 miles

  • The Lexington

    0.13 miles

  • Grand Hyatt New York

    0.14 miles

  • Amish Market East

    0.16 miles

  • Morton Williams

    0.27 miles

  • Gristedes

    0.33 miles

  • D'Agostino

    0.35 miles

  • Sunrise Mart

    0.36 miles

  • Saks Fifth Avenue

    0.37 miles

  • Amazon Go

    0.38 miles

  • Muji

    0.39 miles

  • classic watch inc suite 17

    0.43 miles

  • Whole Foods Market

    0.56 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