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Midtown Redevelopment Opportunity

260-266 W 36th St, New York, NY

For Sale
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Prime Midtown location with redevelopment and rezoning potential.

Property Size102,611 SF
Lot Size0.35 Acres
Days on Market617

Property Features for 260-266 W 36th St

General Information

Standard status Active
Size 102,611 SF
Lot size 0.35 Acres
Property subtype OFFICE

Site & Location

Neighborhood Midtown Manhattan
Listing Agency: BKREA
Listed By: Bob Knakal · License NY #10301211305
Source: Moodyscre
Added: Mar 4, 2025 Changed: Nov 4 Last Checked: Nov 8 at 2:40AM

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

Rey
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Investment Insights

Based on property information with market context.

This property, located in a favorable Midtown location near Fortune 500 companies, restaurants, and retail establishments, presents a value-add potential for future investors to renovate and lease the existing vacancy floors. The property offers an astounding 197.5 feet along the eastern side of 8th Avenue. With favorable M1-9A / R10 zoning, a developer may have several options for conversions. The property is within walking distance to several transportation hubs servicing the 1, 2, 3, A, C, E lines, the LIRR, and NJ Transit. Cancellation causes are in place in all the leases, allowing the asset to be delivered vacant. The property size is 102611 square feet.

Key Highlights

  • Ability to deliver vacant: Cancellation clauses in place in all leases.
  • Assemblage of Major Substantial Blockfront Frontage: Boasting 197.5 feet along 8th Avenue.
  • Multiple Potential Rezoning To Development Schemes: Favorable M1‑9A / R10 zoning offers conversion options.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Pet Grooming Service (Bike/Boat/Book/etc) Store Buffet Adult Day Care Parking Lot & Garage Plumbing Service

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

63,238
Businesses Nearby
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Market

Properties on Market for Office buildings in New York

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office building - Prime Midtown location with redevelopment and rezoning potential.
Where is this office building located?
The property is located at 260-266 W 36th St New York, NY.
What are key features of this property?
This property features: Ability to deliver vacant: Cancellation clauses in place in all leases.; Assemblage of Major Substantial Blockfront Frontage: Boasting 197.5 feet along 8th Avenue.; Multiple Potential Rezoning To Development Schemes: Favorable M1‑9A / R10 zoning offers conversion options.
(917) 509-9501 · Office Call to check price and availability
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