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    345-357 7Th Ave New York, NY 10001

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    For Sale
    Contact for pricing

    3,576 SF lot with redevelopment potential in Midtown Manhattan.

    Property size:
    3,576 SF
    Lot size:
    0.32 Acres

    Property Features for 345-357 7Th Ave

    General Information

    Size
    3,576 SF
    Lot size
    0.32 Acres

    Source: BKREA Agent Bob Knakal

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

    Overview

    Midtown Manhattan Redevelopment Opportunity

    Located at 355 Seventh Avenue in Midtown Manhattan, this property features a 3,576 square feet lot. The site has 121 feet of wraparound frontage at the southeast corner of Seventh Avenue and West 30th Street, with 46.6 feet on Seventh Avenue and 75 feet on West 30th Street. Currently, the site is occupied by a three-story commercial building constructed in 1920, featuring 46 feet of frontage on Seventh Avenue. The entire site can be delivered vacant, offering the opportunity for demolition and full redevelopment.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Hair Salon Dental Office Nail Salon Food Market Grocery Store Daycare Center

    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
    -73.9925133
    Latitude
    40.7480967

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    FAQs

    What type of property is this?
    Commercial land - 3,576 SF lot with redevelopment potential in Midtown Manhattan.
    Where is this commercial land located?
    The property is located at 345-357 7Th Ave New York, NY.
    What are key features of this property?
    This property features: - Prime Midtown Manhattan location at the southeast corner of Seventh Avenue and West 30th Street.; - Significant redevelopment opportunity with the ability to deliver the site vacant.; - Substantial wraparound frontage of 121 feet (46.6' on Seventh Ave & 75' on West 30th street).
    (917) 509-9501
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    345-357 7Th Ave New York, NY 10001
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    345-357 7Th Ave New York, NY 10001
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