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Commercial Development Site
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132 - 34 E 24th St, New York, NY 10010

Existing apartment and retail improvements occupy a C6-4a site with residential or office redevelopment potential.

Property SizeContact for details
Days on Market145

Property Features for 132 - 34 E 24th St

General Information

Standard status Pending
Property subtype Land
Listing Agency: Cushman & Wakefield New York
Listed By: John Ciraulo · License #NY 10301211304
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Sep 1 at 10:38PM

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 Cushman & Wakefield New York

Investment Insights

Based on property information with market context.

This commercial development site comprises two adjoining 5-story walk-up apartment buildings with a combined retail component that may be separated. The improvements contain approximately 13,848 square feet, including the retail level, and 14 free-market apartments. The retail space is vacant, while the apartments can provide occupancy during planning and approval activities.

The property occupies approximately 3,768 square feet at 132-34 East 24th Street in New York. It offers 45 feet of frontage on East 24th Street and is located in a C6-4a zoning district, identified as equivalent to R10a. The stated 10.0 FAR permits approximately 37,688 total buildable square feet for residential or office uses, subject to independent verification of zoning and development capacity.

Key Highlights

  • Approximately 3,768‑square‑foot lot at 132‑34 East 24th Street
  • 45 feet of frontage along East 24th Street
  • Two adjoining 5‑story walk‑up apartment buildings

Property Analytics

Current Use

CDL Last Mile Courier Service Furnish Green Home Decor Store

Suggested Use

Top Pick Buffet Butcher Pet Grooming Service Auto Parts Store Nursing Home 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.

Location Intelligence

Trade Area within ½ mile

60,314
Businesses Nearby

Demographics for 10010, NY

33,991
Population
19,014
Households
1.8
Avg Household Size
35
Median Age
81%
College-Educated
97%
High-School Grad
0.4 sq mi
ZIP Area
84,978
Density / Sq Mi
$156,127
Median Household Income
$109,691
Median Earnings
$3,113
Median Rent
$1,037,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Existing apartment and retail improvements occupy a C6-4a site with residential or office redevelopment potential.
Where is this commercial land located?
The property is located at 132 - 34 E 24th St New York, NY.
What are key features of this property?
This property features: Approximately 3,768‑square‑foot lot at 132‑34 East 24th Street; 45 feet of frontage along East 24th Street; Two adjoining 5‑story walk‑up apartment buildings
(212) 660-7700 Call to check price and availability
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