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224 E 38th St New York, NY

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29' x 84' lot in Midtown East, Manhattan.

Type:OFFICE
Property size:
29,232 SF
Lot size:
0.06 Acres
Price / SF:
$340/SF
Added:
Feb 27, 2025
Days on Market:
425
Last Refresh:
Apr 5 at 9:56 pm

Property Features for 224 E 38th St

General Information

Standard status
Active
Size
29,232 SF
Lot size
0.06 Acres
Property subtype
OFFICE

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Listing Contact
Alex Woodlief
Alex Woodlief

Listing agent Alex Woodlief License #10401244880

Listing office B6 Real Estate Advisors

Listing date Feb 27, 2025

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of B6 Real Estate Advisors


Overview

Prime Midtown East Development Site

This property presents a development opportunity, featuring an approximately 29-foot by 84-foot lot situated on the south side of 38th Street, between Second and Third Avenues in Manhattan, New York. Currently, the lot is improved by a three-story vacant warehouse. The flexible C1-9 / R10 zoning allows for as-of-right residential, commercial, or community facility development. The site is eligible for the City of Yes UAP & Inclusionary Housing Bonus. The location is in prime Midtown East, Murray Hill, and Kips Bay, adjacent to NYU Langone, the United Nations, Freedom Plaza, and Grand Central. The lot offers up to 29,232 square feet of zoning floor area.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Daycare Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
New York
County
New York
State
New York
Longitude
-73.9421
Latitude
40.6518

FAQs

What type of property is this?
Commercial land - 29' x 84' lot in Midtown East, Manhattan.
Where is this commercial land located?
The property is located at 224 E 38th St New York, NY.
What is the asking price?
The asking price for this property is $9,950,000.
What are key features of this property?
This property features: Prime Midtown East location near NYU Langone, United Nations, Freedom Plaza & Grand Central.; Flexible C1‑9 / R10 zoning allows for residential, commercial, or community facility development.; Development site with potential for up to 29,232 ZFA.
(646) 933-2677 Call to check price and availability
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