Contacts

Thomas Gammino

Lee & Associates - New York

Property Details

Property Type Office - General Office
Property Size 7,284 SF
Units 3
Lot Size 0.06 Acre
Additional Rent Contact for pricing
Building Class B
Year Built 1915
Date Updated Aug 23, 2024

South side of East 38th Street between 2nd Avenue and 3rd AvenueLee & Associates NYC is pleased to present exclusively for sale the development site located at 224 East 38th Street, New York, NY 10016 (“the Property”). Located in the Murray Hill neighborhood of Manhattan, the Property is a three-story commercial building with approximately 7,250 square feet that will be delivered vacant. The Property is in a C1-9 zoning district allowing 10 FAR of buildable square feet for residential use, totaling 24,360 square feet. Nestled between Grand Central Station, the United Nations, and NYU Langone Health campus, the Property represents the opportunity to create a new mixed-use building surrounded by prominent New York City demand generators.

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Highlights

Vacant possession allows for optionality of business plans from Owner-Occupant to full redevelopment
Murray Hill ranked #11 of 228 neighborhood to live in New York City by Niche.com
Surrounded by medical, professional, and leisure demand generators.

Attachments

224 East 38th Street Offering Memorandum.pdf (PDF) opens in new window

Getting around

99/100
Walk Score ®
100/100
Transit Score ®
83/100
Bike Score ®

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City New York, NY
Neighborhood Murray Hill
Zip Code 10016
Market Manhattan

Points of Interest

Grand Central 43rd Street / Lexington Avenue entrance

0.33 miles
Grand Central 42nd Street entrance

0.35 miles
Grand Central 42nd Street / Vanderbilt Avenue entrance

0.38 miles
Grand Central 43rd Street / Vanderbilt Avenue entrance

0.40 miles
Grand Central

0.42 miles
5th Avenue

0.56 miles
East 50th Street & Lexington Avenue at Northwest Corner

0.65 miles
East 51st Street & Lexington Avenue at Southeast Corner

0.68 miles
East 51st Street & Lexington Avenue at Southwest Corner

0.68 miles
51st Street

0.68 miles

ChargePoint

0.22 miles
Bus Charging Station

0.29 miles
ChargePoint

0.37 miles
Tesla Supercharger

0.44 miles
ChargePoint

0.52 miles
ChargePoint

0.78 miles
BP

0.86 miles
ChargePoint

0.86 miles
ChargePoint

0.88 miles
ChargePoint

1.04 miles

Icon Parking

0.13 miles
icon 24hr Parking

0.16 miles
Select Garages

0.29 miles
intlFcstone 10022 LOCi Multi

0.35 miles
NYU Langone Parking Lot D

0.36 miles
Red Ball Garage

0.37 miles
Quik Park Garage

0.44 miles
20th Century Garage

0.51 miles
SP+

0.61 miles
City Parking

0.65 miles

Murray Hill East Suites

0.13 miles
POD 39

0.15 miles
Seton Hotel

0.16 miles
The Shelburne Sonesta New York

0.16 miles
The Westin New York Grand Central

0.19 miles
Westgate New York Grand Central Hotel

0.22 miles
The Renwick Hotel

0.22 miles
Murray Hill Marquis

0.25 miles
Hampton

0.29 miles
The Kitano New York

0.29 miles

D'Agostino

0.09 miles
Gristedes

0.14 miles
Trader Joe's

0.32 miles
Amish Market East

0.36 miles
Fairway Market

0.38 miles
Dover Street Market

0.42 miles
Sunrise Mart Midtown

0.44 miles
Target

0.45 miles
Kalustyan's

0.49 miles
Little India Market

0.51 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.

224 East 38th Street