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Prime Midtown Development Site

842 7th Ave, New York, NY

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For Sale

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Approved hotel plans, favorable location, and convenient accessibility.

Type:LAND

Property size:

7,542 SF

Lot size:

0.19 Acres

HighLights

Grandfathered Hotel Use: Approved plans save time and resources by eliminating the need for a Special Permit.
Demolished Site: Ready for immediate construction, saving you time and costs.
Prime Midtown Location: Capitalize on nearby attractions and growing demographics.
Close Proximity to Tourist Attractions: Enjoy convenient access to Central Park, Rockefeller Center, Columbus Circle, and MoMA.
Convenient Accessibility: Two subway stations provide access to multiple lines.
Tremendous Light and Air: Corner positioning ensures ample natural light with upper floors offering Hudson River and Central Park views.

We can help!

Listing Contact

Bob Knakal

For Sale

Contact for pricing

Approved hotel plans, favorable location, and convenient accessibility.

Type:LAND

Property size:

7,542 SF

Lot size:

0.19 Acres

Added:: Nov 7, 2025
Days on Market:: 224
Last Refresh:: May 20 at 8:19 pm

Property Features for 842 7th Ave

General Information

Standard status: Active
Size: 7,542 SF
Lot size: 0.19 Acres
Property subtype: LAND

We can help!

Listing Contact

Bob Knakal

Listing agent Bob Knakal License #10301211305

Listing office BKREA

Listing date Nov 7, 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

Grandfathered Hotel Use: Approved plans save time and resources by eliminating the need for a Special Permit.
Demolished Site: Ready for immediate construction, saving you time and costs.
Prime Midtown Location: Capitalize on nearby attractions and growing demographics.
Close Proximity to Tourist Attractions: Enjoy convenient access to Central Park, Rockefeller Center, Columbus Circle, and MoMA.
Convenient Accessibility: Two subway stations provide access to multiple lines.
Tremendous Light and Air: Corner positioning ensures ample natural light with upper floors offering Hudson River and Central Park views.

Overview

This development site benefits from grandfathered hotel use, with approved plans already in place, allowing a purchaser to capitalize on the favorable dynamics in the hotel sector without needing a Special Permit for hotels under ZR 32-153. The site's location offers close proximity to tourist attractions such as Central Park, Rockefeller Center, Columbus Circle, and MoMA. The corner positioning of the 7,542-square-foot site ensures ample natural light and air, with upper floors offering views of the Hudson River and Central Park. The existing structure has been demolished, allowing for time and cost savings, and enabling a developer to quickly commence construction. The prime Midtown location will capitalize on nearby attractions, demand drivers, and the growing demographics of the surrounding neighborhood. Convenient accessibility is provided by the 7 Av–53 St station, just two minutes away, with D and E service, and the 57 St–7 Av station two blocks north, serving the N, Q, R, and W lines.

Property Profile Location Intelligence

Current Use by Public Records

Hotel Borgo Hotel & Motel

Suggested Use

Location Insight

Map
Local Demand

City: New York
County: New York
State: New York
Longitude: -73.9815
Latitude: 40.7638

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What type of property is this?

Commercial land - Approved hotel plans, favorable location, and convenient accessibility.

Where is this commercial land located?

The property is located at 842 7th Ave New York, NY.

What are key features of this property?

This property features: Grandfathered Hotel Use: Approved plans save time and resources by eliminating the need for a Special Permit.; Demolished Site: Ready for immediate construction, saving you time and costs.; Prime Midtown Location: Capitalize on nearby attractions and growing demographics.

842 7th Ave, New York, NY

Approved hotel plans, favorable location, and convenient accessibility.

Property Features for 842 7th Ave

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Second-Floor Professional Office

Medical/Dental Condo Ready

Manhattan Commercial Condo For Sale

Vacant First-Floor Retail Store

Established Medical-Dental Practice Condo

Four-Story Mixed-Use Building

Chinatown Office Space Opportunity

Chinatown Office Space Opportunity

Detached Two-Family Home with Garage

Vacant Multi-Family Townhouse

East Harlem Commercial Redevelopment Opportunity

Morningside Gold Coast Brownstone

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