591 Park Avenue

BKREA has been exclusively retained to arrange for the sale of 591 Park Avenue ("The Property"), a premier development opportunity in the prestigious Lenox Hill neighborhood of Manhattan. The property is located on the East side of Park Avenue, between East 63rd and 64th Streets, offering prominent frontage along Park Avenue. Its flexible zoning and prime location provide developers with a unique opportunity to capitalize on the high demand for luxury residential properties, as well as hospitality ventures, given its proximity to Central Park, world-class dining, and top cultural institutions. Currently, the property consists of a vacant 8,250 square foot existing structure available for redevelopment. The entire site will be delivered vacant, offering developers the opportunity to create a modern, high-end development at a maximum of 23,892/ZFA using the Universal Affordability Preference (UAP) in one of Manhattan’s most sought-after neighborhoods. The location’s combination of affluent residents, proximity to key commercial hubs, and unparalleled access to green spaces makes this an exceptional investment opportunity for forward-thinking developersBKREA has been exclusively retained to arrange for the sale of 591 Park Avenue ("The Property"), a premier development opportunity in the prestigious Lenox Hill neighborhood of Manhattan. The property is located on the East side of Park Avenue, between East 63rd and 64th Streets, offering prominent frontage along Park Avenue. Its flexible zoning and prime location provide developers with a unique opportunity to capitalize on the high demand for luxury residential properties, as well as hospitality ventures, given its proximity to Central Park, world-class dining, and top cultural institutions. Currently, the property consists of a vacant 8,250 square foot existing structure available for redevelopment. The entire site will be delivered vacant, offering developers the opportunity to create a modern, high-end development at a maximum of 23,892/ZFA using the Universal Affordability Preference (UAP) in one of Manhattan’s most sought-after neighborhoods. The location’s combination of affluent residents, proximity to key commercial hubs, and unparalleled access to green spaces makes this an exceptional investment opportunity for forward-thinking developers