710 3rd Ave

For Sale$1,375,000

710 3rd Avenue, New York, NY 10017

  • Land

710 3rd Ave, New York, NY 10017 - Land Space

710 3rd Ave is located at 710 3rd Avenue in the Turtle Bay neighborhood, NY, New York, 10017. The Land building was completed in 1920 and features a total of 35,625 Sqft.

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Details

  • Sale Price $1,375,000
  • City New York
  • Neighborhood Turtle Bay
  • Zip Code 10017
  • Market Manhattan
  • Property Type Land
  • Property Size 35,625 Sqft
  • Lot Size 2,375 Sqft
  • Year Built 1920
  • Date Updated 25 Sep, 2020
  • Website arielpa.nyc

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

Description

Ariel Property Advisors presents 710 3rd Avenue, a prime Midtown East development site located on the west side of 3rd Avenue between 44th street and 45th street. Currently a vacant lot, the flexible C5-3 zoning provides the opportunity to develop a unique property that is ideally situated close to Grand Central Station, the Chrysler Building and the United Nations.

* Flexible Zoning: The C5-3 zoning with a 15.0 commercial FAR and 10.0 residential FAR that allows for a total of 35,625 buildable square feet, as-of-right, for a mixed-use commercial, residential or hotel project. Creative uses may also include live-work environments, as well as shared space directed at residential or professional users.

* Approved Plans: Ownership has approved plans for a 40,335 square foot, 17-story mixed-use office building that features flexible floor plates, outdoor space and generous ceiling heights.

* Central Location / Mass-Transportation options: options: The property is located one block away from Grand Central, presenting quick and easy access to the 4,5,6,7 and S trains, as well as the Metro North railway lines. The E and M subway trains are also located nearby on Lexington Ave and 53rd Street.

* Recent Area Rezoning: While Midtown Manhattan is already one of the largest business districts in the world, the recent rezoning of Midtown East is promoting significant transformation and growth to compete with other evolving markets.

710 3rd Avenue represents a tremendous Midtown East development opportunity due to its central location and flexible zoning that allows developers to be creative in an area that is attractive to both residential and professional tenants, as well as tourists.

FREQUENTLY ASKED QUESTIONS

What is the total square footage of 710 3rd Ave?

710 3rd Ave totals 35,625 square feet.

When was this property built?

710 3rd Ave was built in 1920.

Turtle Bay Demographics

The average household income in zip code 10017 is $174,635, from a total of 9,905 households. In terms of employment, there are 96.68 % white-collar and 3.32 % blue-collar jobs in zip code 10017.

Population

  • Total Population14,801
  • Male Population(45.2 %) 6,694
  • Female Population(54.8 %) 8,107
  • Median Age44.00

Income/Financial

  • Average Household Income$194,671
  • Median Household Income$131,434
  • Median Income Under 25$63,403
  • Median Income 25-44$147,718
  • Median Income 45-64$172,598
  • Median Income Over 65$79,713

Commercial Brokers Register now to add listings

Victor Sozio

Ariel Property Advisors

(212) 544-9500 x 12

Shimon Shkury

Ariel Property Advisors

(212) 544-9500 x 11

Howard Raber

Ariel Property Advisors

(212) 544-9500 x 23

Matthew L. Gillis

Ariel Property Advisors

(212) 544-9500 x 42

Jack Moran

Ariel Property Advisors

(212) 544-9500 x 60