Vacant Mixed-Use Development
For Sale
Contact for pricing
Pending
12-14 E 37th St, New York, NY 10016
Two existing buildings will be delivered vacant, supporting redevelopment for residential or commercial use.
Property SizeContact for details
Days on Market141
Property Features for 12-14 E 37th St
General Information
Standard status
Pending
Property subtype
Land
Listing Agency:
BKREA
(917) 509-9501
Listed By:
Nick Tuleu · License #10401392738
Source:
Crexi
Added: Apr 13
Changed: Aug 30
Last Checked: Aug 30 at 8:45PM
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 BKREA
Investment Insights
Based on property information with market context.
The property at 12-14 East 37th Street comprises a 5,036-square-foot lot improved with two five-story mixed-use buildings to be delivered vacant. The parcel measures 51 feet of frontage by 98.75 feet of depth and is zoned C5-2 with an R10 overlay. As-of-right development permits 50,360 ZFA at 10.0 FAR for residential and commercial uses, with potential for 60,432 ZFA at 12.0 FAR through the UAP program.
An additional 30,466 ZFA has been purchased from Lot 13 for fully free-market use. Available UAP rights total 16,145 ZFA, comprising 6,073 ZFA from Lot 13 and 10,072 ZFA from Lot 67. Landmark air-rights transfers are permitted under the City of Yes initiative. The site is on the south side of East 37th Street between Fifth and Madison Avenues, near the Fifth Avenue retail corridor, Bryant Park, Grand Central Terminal, and multiple transit hubs.
An additional 30,466 ZFA has been purchased from Lot 13 for fully free-market use. Available UAP rights total 16,145 ZFA, comprising 6,073 ZFA from Lot 13 and 10,072 ZFA from Lot 67. Landmark air-rights transfers are permitted under the City of Yes initiative. The site is on the south side of East 37th Street between Fifth and Madison Avenues, near the Fifth Avenue retail corridor, Bryant Park, Grand Central Terminal, and multiple transit hubs.
Key Highlights
- 5,036‑square‑foot Lot 67 with 51 feet of frontage and 98.75 feet of depth
- C5‑2 zoning with R10 overlay; 10.0 FAR and 50,360 ZFA as of right
- Two existing five‑story mixed‑use buildings to be delivered vacant
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
101,253
Businesses Nearby
Explore this area
Business Placement
Demographics for 10016, NY
62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two existing buildings will be delivered vacant, supporting redevelopment for residential or commercial use.
Where is this mixed-use property located?
The property is located at 12-14 E 37th St New York, NY.
What are key features of this property?
This property features: 5,036‑square‑foot Lot 67 with 51 feet of frontage and 98.75 feet of depth; C5‑2 zoning with R10 overlay; 10.0 FAR and 50,360 ZFA as of right; Two existing five‑story mixed‑use buildings to be delivered vacant
