- For Sale $25,000,000
- Property Type Other
- Date Updated Oct 6, 2026
Description
Avison Young, as exclusive agent, is pleased to offer for sale Inclusionary Housing Certificates (“IHCs” or “Air Rights”) located within Manhattan’s Community Board 4. CB4 includes the West Chelsea, Hudson Yards, Penn District and Hells Kitchen neighborhoods of Manhattan. These certificates were generated through the development of The Eugene, an 844-unit 63-story multifamily property completed in 2017. The certificates are existing, have been approved by the NYC Department of Housing Preservation and Development (HPD), are available for immediate use and do not expire.
Highlights
- Chelsea, Hudson Yards, Penn District, Hells Kitchen
- Inclusionary Housing Certificates
- Manhattan Community Board 4
- Maximize Development Potential of Eligible Receiver Sites
- R10 Equivalent Zoning or within specific Inclusionary Housing Designated Areas
False
Contacts
Alex Woodlief
Location
Located at 435 West 31st Street, New York, NY 10001, this property is part of the Chelsea neighborhood and Manhattan market.
Contact Listing Broker
Alex Woodlief
