146 E 56th St New York, NY 10022

Listing agency BKREA b*@bkrea.com Show Phone

Listed by Bob Knakal · License #NY 10301211305

Source Crexi

Added: Apr 11 Updated: Jul 22 at 11:55AM Checked: Jul 22 at 11:55AM

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Investment Insights

Based on property information with market context.

Built in 1910, this 3.5-story retail building totals approximately 12,000 square feet and sits on a 40’ x 100’ lot with 40’ of frontage along East 56th Street. The property is currently net leased to a beauty salon (Bumble & Bumble) through 8/31/2024, with rent of $81,000 per month.

The site is located on the south side of East 56th Street between Lexington and Third Avenues. It is in a C5-2 zoning district that allows both residential and commercial development as-of-right, each with an initial 10.0 FAR.

Through the purchase of inclusionary housing certificates, the residential FAR has been increased to 12.0, resulting in a stated maximum ZFA of 48,192 for future development.

Key Highlights

• 12,000 SF 3.5‑story building built in 1910 on a 40' x 100' lot
• 40' frontage on the south side of E 56th St between Lexington and Third Avenues
• Net leased to Bumble & Bumble (beauty salon) through 8/31/2024 at $81,000/month

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FAQs

What type of property is this?

Commercial land - Built in 1910, the 12,000 SF building is net leased to a beauty salon through 8/31/2024.

Where is this commercial land located?

The property is located at 146 E 56th St New York, NY.

What are key features of this property?

This property features: 12,000 SF 3.5‑story building built in 1910 on a 40' x 100' lot; 40' frontage on the south side of E 56th St between Lexington and Third Avenues; Net leased to Bumble & Bumble (beauty salon) through 8/31/2024 at $81,000/month