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    136 W 44Th St New York, NY 10036

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    For Sale
    Contact for pricing

    Land in the Theater District with flexible zoning.

    Property size:
    5,021 SF
    Lot size:
    0.11 Acres

    Property Features for 136 W 44Th St

    General Information

    Size
    5,021 SF
    Lot size
    0.11 Acres

    Source: BKREA Agent Bob Knakal

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

    Overview

    Prime Midtown Development Opportunity

    This property, located at 136-140 West 44th Street in the heart of the Theater District of Midtown, presents a development opportunity. The site benefits from favorable C6-5.5, MiD zoning, which allows for residential, commercial, and Universal Affordability Preference uses, enabling the execution of a variety of business plans. The existing building will be delivered vacant, providing potential time and cost savings. The property offers the ability to transfer approximately 14,018 square feet of development rights for commercial and UAP uses. The future development has the potential to cantilever over the remaining Lot 51, allowing for more efficiency on upper floors. The site is a 3-minute walk from The Times Square – 42nd Street station, providing access to subway lines 1, 2, 3, 7, A, C, E, N, Q, R, and W. The property size is 5,021 square feet.
    Location Intelligence

    Current Use by Public Records

    Unique People Social Services Organization

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Auto Repair Shop Gym & Fitness 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
    -73.984762
    Latitude
    40.75656

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    FAQs

    What type of property is this?
    Land - Land in the Theater District with flexible zoning.
    Where is this land located?
    The property is located at 136 W 44Th St New York, NY.
    What are key features of this property?
    This property features: - Flexible C6-5.5, MiD Zoning: Allows for residential, commercial, and Universal Affordability Preference uses.; - Coveted Theater District Location: Situated in the heart of Midtown's Theater District, benefiting from high demand.; - Transferrable Development Rights: Ownership can transfer approximately 14,018 sq ft of development rights.
    (917) 509-9501
    Request Owner's contact information
    136 W 44Th St New York, NY 10036
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    New York, NY 10036
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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
    136 W 44Th St New York, NY 10036
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