Air Rights for Sale - 136,752 SF

For SaleContact for pricing

40 West 44th Street, New York, New York, 10036, New York, NY 10036

  • Unassigned

Air Rights for Sale - 136,752 SF, New York, NY 10036 - Unassigned Space

Air Rights for Sale - 136,752 SF is located at 40 West 44th Street, New York, New York, 10036 in the Central Midtown neighborhood, NY, New York, 10036. The Class O9 Unassigned building was completed in 1900.

There are 1,389 unassigned spaces for lease in the Central Midtown neighborhood, totaling 14,985,376 Sqft of available unassigned space. The unassigned space availability for the 10036 zip code is 6,813,022 Sqft, in 564 unassigned spaces.

In 1900, the same year Air Rights for Sale - 136,752 SF was built, 195 more commercial properties (office, industrial, retail) over 50,000 square feet were built in New York, featuring 3,137,663 square feet of commercial space.

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Details

  • Price Contact for pricing
  • City New York
  • Neighborhood Central Midtown
  • Zip Code 10036
  • Market Manhattan
  • Property Type Unassigned
  • Lot Size 0.32 Acre
  • Building Class O9
  • Year Built 1900
  • Date Updated 09 Apr, 2021

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Description

Cushman & Wakefield has been retained exclusively by the owner of the Landmarked building at 42 West 44th Street (Block 1259, Lot 14) for the sale of 136,752 square feet of air rights. This is a rare opportunity to acquire an immense quantity of air rights for immediate construction or future use. Recent initiates such as the Midtown East Rezoning have spurred major development projects such as JP Morgan’s new headquarters to be constructed at 270 Park Avenue. Although not within the Midtown East Rezoning, these air rights could be used on a development project within the immediate area.

FREQUENTLY ASKED QUESTIONS

When was this property built?

Air Rights for Sale - 136,752 SF was built in 1900.

Central Midtown Demographics

The average household income in zip code 10036 is $132,564, from a total of 17,260 households. In terms of employment, there are 94.64 % white-collar and 5.36 % blue-collar jobs in zip code 10036.

Population

  • Total Population26,455
  • Male Population(48.3 %) 12,767
  • Female Population(51.7 %) 13,688
  • Median Age39.00

Income/Financial

  • Average Household Income$169,228
  • Median Household Income$117,418
  • Median Income Under 25$64,719
  • Median Income 25-44$150,004
  • Median Income 45-64$119,137
  • Median Income Over 65$57,264

Commercial Brokers Register now to add listings

Will Conrad

Cushman & Wakefield

(212) 660-7740

Jonathan Garfinkel

Cushman & Wakefield

(212) 660-7713

Charlotte Redican

Cushman & Wakefield

(212) 713-6850