Building Overview

  • Asking Price $21,000,000
  • Neighborhood Murray Hill
  • Lot Size 4,320 SF
  • Resi (UAP) FAR 51,836 BSF

Avison Young, as exclusive agent, is pleased to offer a corner development site at 617-621 Second Avenue (“Property” or “Site”) in the Murray Hill neighborhood of Manhattan. The Property features a combined 132± feet of wraparound frontage on the southwest corner of 34th Street and Second Avenue. The fully free market Property provides developers with the opportunity to create a highly visible development on one of the most prominent corners in Murray Hill.

Highlights

43,190± residential ZFA for market rate and 51,836± residential ZFA for UAP

C1-9A zoning district, which has an R10A equivalent

70± feet of street frontage on East 34th Street and 62± feet of street frontage on 2nd Avenue

Inclusionary housing certificates available to purchase separately

Not subject to Historic District or Landmark Designation
Adjacent to NYU Langone and SPARC (Science Park and Research Campus) Kips Bay

Nearby the M34/M34A 34th Street Select Bus Service, the East 34th Street NYC Ferry stop

100% free market tenancy and retail demolition clauses offer covered land strategy

Will benefit from Phase 3 of the 2nd Avenue Subway project

Team

Charles Kingsley

Charles Kingsley

Principal
Avison Young - US - NY - New York
Ryan McGuirl

Ryan McGuirl

Director
Avison Young - US - NY - New York
James Nelson

James Nelson

Principal, Head of U.S. Investment Sales
Avison Young - US - NY - New York
Noah Kossoff

Noah Kossoff

Director
Avison Young - US - NY - New York
Alexandra Marolda

Alexandra Marolda

Director
Avison Young - US - NY - New York