Nomad Development Opportunity on
For Sale
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821 6th Ave, New York, NY 10001
Prime Nomad location with redevelopment and expansion potential.
Property Size7,832 SF
Lot Size0.04 Acres
Price / SF$1,149
Days on Market716
Property Features for 821 6th Ave
General Information
Standard status
Active
Size
7,832 SF
Class
C
Lot size
0.04 Acres
Property subtype
Retail
Zoning
C6-4X R10X EQUIVALENT
Investment Type
Owner/User
Building Details
Year Built
1920
Buildings
1
Stories
5
Units
5
Tenancy
Multi
Listing Agency:
Gorbachincky Real Estate
Listed By:
Lillian Gorbachincky · License #10491212452
Source:
Crexi
Added: Sep 18, 2024
Changed: Sep 3
Last Checked: Sep 3 at 1:29AM
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 Gorbachincky Real Estate
Investment Insights
Based on property information with market context.
Located in the Nomad neighborhood of Manhattan, 821 Avenue of the Americas offers visibility and access with 24.67 feet of frontage along a commercial corridor. The property is positioned in one of New York’s rapidly developing areas, near Madison Square Park, hotels, dining, and corporate offices. Zoned C6-4X (R10X equivalent), the property allows for commercial, residential, or mixed-use developments. The 10 FAR provides the opportunity to maximize the 19,120 buildable square feet. With 11,288 square feet of air rights, the property is poised for vertical expansion. The current structure includes 7,832 square feet of gross building area and 7,545 square feet of net rentable space. The 1912 square foot lot size creates a foundation for expansion or redevelopment. The property is minutes from Penn Station and major subway lines. The Nomad neighborhood attracts tech firms, retailers, and hotels, and is known for its mix of historic architecture and modern development. Surrounded by landmarks like Madison Square Park and the Flatiron Building, this property benefits from being at the nexus of commerce, lifestyle, and innovation. With its central location, foot traffic, and redevelopment potential, 821 Avenue of the Americas is suited for retail, hotels, or corporate offices. This property offers the opportunity to create a development in one of Manhattan's fastest-growing districts for office, retail, or residential use.
Key Highlights
- Prime Nomad Location: High‑traffic area, close to Madison Square Park and major transportation.
- Significant Development Potential: 19,120 buildable square feet and 11,288 square feet of air rights.
- Flexibility: Not landmarked, providing creative freedom.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,488
Businesses Nearby
Explore this area
Business Placement
Demographics for 10001, NY
32,612
Population
17,554
Households
1.9
Avg Household Size
35
Median Age
72%
College-Educated
93%
High-School Grad
0.6 sq mi
ZIP Area
54,353
Density / Sq Mi
$123,393
Median Household Income
$97,848
Median Earnings
$3,024
Median Rent
$793,000
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Prime Nomad location with redevelopment and expansion potential.
Where is this commercial land located?
The property is located at 821 6th Ave New York, NY.
What is the asking price?
The asking price for this property is $9,000,000.
What are key features of this property?
This property features: Prime Nomad Location: High‑traffic area, close to Madison Square Park and major transportation.; Significant Development Potential: **19,120 buildable square feet** and 11,288 square feet of air rights.; Flexibility: Not landmarked, providing creative freedom.
