Development Site Near Penn
147 W 29th St, New York, NY
Call to check price and availability
Block-through lot near Penn Station with flexible zoning opportunity.
Type:OFFICE
Property size:
11,955 SFLot size:
0.28 Acres- Added:
- Nov 24, 2025
- Days on Market:
- 179
- Last Refresh:
- Apr 5 at 9:18 pm
Property Features for 147 W 29th St
General Information
- Standard status
- Active
- Size
- 11,955 SF
- Lot size
- 0.28 Acres
- Property subtype
- OFFICE
Listing agent Bob Knakal License #10301211305 (212) 888-8850
Listing office BKREA (212) 888-8850
Listing date Nov 24, 2025
Source Moodyscre
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
HighLights
- Prime Location: Ideally positioned at the intersection of Midtown South, NoMad, and Chelsea, steps from Penn Station.
- Convenient Accessibility: A 3‑minute walk from Penn Station and a 6‑minute walk from 34th Street Herald Square.
- Flexible Zoning Opportunity: Potential for residential, commercial, and community facility uses.
- Block‑through Lot: Can accommodate two buildings.
- Potential Landmark Air Rights: Eligible landmark properties may transfer development rights.
- Strong Demand Drivers: Allows developers to capitalize on strong demand in a rapidly evolving neighborhood.
Overview
This development site benefits from its block-through nature, which can accommodate two buildings on the lot. The site is located at the intersection of Midtown South, NoMad, and Chelsea, steps from Penn Station, allowing developers to capitalize on strong demand drivers in a rapidly evolving neighborhood. The site is a 3-minute walk from Penn Station, providing access to the 1, 2, 3, A, C, E subway lines, as well as the LIRR and NJ Transit. It is also just a 6-minute walk from 34th Street Herald Square, offering additional connectivity via the B, D, F, M, N, Q, R, and W lines. The property has flexible zoning opportunity. Once MSMX is adopted, the M1-9A/R12 zoning district will permit residential, commercial, and community facility uses. Two eligible landmark properties may be able to transfer development rights under the City of Yes, which allows greater flexibility for air rights transfers. The property size is 11955 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Allegheny Productions
(Bike/Boat/Book/etc) Store
Barrington Capital
Bank
Romi Salon
Hair Salon
B Wood Architects ...
Architect
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9918
- Latitude
- 40.7475
Nearby Similar for Lease
FAQs
What type of property is this?
Land - Block-through lot near Penn Station with flexible zoning opportunity.
Where is this land located?
The property is located at 147 W 29th St New York, NY.
What are key features of this property?
This property features: Prime Location: Ideally positioned at the intersection of Midtown South, NoMad, and Chelsea, steps from Penn Station.; Convenient Accessibility: A 3‑minute walk from Penn Station and a 6‑minute walk from 34th Street Herald Square.; Flexible Zoning Opportunity: Potential for residential, commercial, and community facility uses.
