- For Sale $14,000,000
- Property Type Other
- Date Updated May 15, 2026
Description
Avison Young, as exclusive agent, is pleased to offer for sale 34 Union Square East (the “Site”), a 26-foot-wide by 125-foot-deep prime development site located on the southeast corner of East 16th St and Union Square East, directly facing Union Square Park. The site is currently improved by a 6,500 SF retail building, with 19,500 SF of available air rights for a total residential buildable area of approximately 26,500 SF.
This represents a rare opportunity to acquire one of the last remaining development sites along Union Square Park—a highly desirable neighborhood where luxury condominium sellouts consistently exceed $2,500 per SF.
Highlights
- 2,009 GSF of ground-floor retail space
- 24,561 GSF of residential space spanning floors 2 through 10
- Conveniently located on the southeast corner of E 16th Street and Union Square East
- Corner site with 150 feet of wraparound frontage
- Directly across the street from Union Square Park, offering unencumbered park views and exceptional light and air
- Proposed plans for a 10-story, 26,570 GSF above-grade mixed-use development
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Contacts
Avison Young
Avison Young - US - NY - New York
Avison Young - US - NY - New York
Avison Young - US - NY - New York
