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Shovel-Ready Mixed-Use Development Lot
For Sale
$6,900,000

157 West 24 Street, New York, NY 10011

Unimproved lot on West 24th Street with BSA-approved variance and DOB-approved plans for mixed-use development.

Property SizeContact for details
Lot Size0.05 Acres
Days on Market81

Property Features for 157 West 24 Street

General Information

Standard status Active
Lot size 0.05 Acres
Property subtype Land

Additional Details

Road Access Yes
Listing Agency: B6 Real Estate Advisors
Listed By: Michael Long · License #10401244880
Source: B6realestateadvisors
Added: Jun 2 Changed: Aug 18 Last Checked: Aug 21 at 5:24AM

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

Investment Insights

Based on property information with market context.

This unimproved commercial lot offers a shovel-ready development opportunity with BSA approved variance and DOB approved plans for a mixed-use project totaling approximately 20,552 gross square feet. The proposed program includes 23 residential condo units and one ground-floor retail unit.

The property is located on the north side of West 24th Street, between Sixth and Seventh Avenues, in the Midtown South area on the border of Flatiron and Chelsea.

The offering is positioned for buyers seeking an advance-approved path to construction, with both the variance and plans already approved for the planned residential and ground-floor retail components.

Key Highlights

  • Approximately 20.83' x 98.75' unimproved lot on the north side of W 24th St between Sixth and Seventh Avenues
  • BSA approved variance for a mixed‑use development project
  • DOB approved plans for approximately 20,552 gross square feet

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Nursing Home Pet Grooming Service Clothing & Fashion Store Buffet (Bike/Boat/Book/etc) Store Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

19,094
Businesses Nearby

Demographics for 10011, NY

53,318
Population
35,049
Households
1.5
Avg Household Size
39
Median Age
79%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
88,863
Density / Sq Mi
$146,571
Median Household Income
$113,503
Median Earnings
$2,868
Median Rent
$1,165,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Unimproved lot on West 24th Street with BSA-approved variance and DOB-approved plans for mixed-use development.
Where is this commercial land located?
The property is located at 157 West 24 Street New York, NY.
What is the asking price?
The asking price for this property is $6,900,000.
What are key features of this property?
This property features: Approximately 20.83' x 98.75' unimproved lot on the north side of W 24th St between Sixth and Seventh Avenues; BSA approved variance for a mixed‑use development project; DOB approved plans for approximately 20,552 gross square feet
More about this property
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