456 11Th Ave New York, NY 10018
- Land
Current Use by Public Records
- Land
Property Details for 456 11Th Ave
- Property type
- Land
Description
This exceptional 7,417 square foot commercial land parcel presents a unique development opportunity in the heart of Hudson Yards, New York City. Situated at the northeast corner of 11th Avenue and West 37th Street, this property boasts a highly desirable C6-4, HY zoning designation, allowing for significant buildable square footage, estimated between 74,000 and 160,000 square feet. The site's strategic location offers unparalleled access to the Jacob Javits Convention Center and is directly adjacent to the next phase of the $12 billion Hudson Yards expansion, including the highly anticipated Wynn Resorts development. This presents an investor with a chance to capitalize on the continued growth and revitalization of this dynamic area. The property has not been sold in 44 years, making this a truly rare and exceptional investment prospect. This prime corner lot offers unmatched visibility and accessibility, making it ideal for a wide range of commercial developments. The potential for significant return on investment is substantial, given the location's proximity to major transportation hubs, high-end residential developments, and thriving commercial activity. This is a once-in-a-generation opportunity to acquire a piece of one of New York City's most exciting and rapidly developing neighborhoods.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -74.0001
- Latitude
- 40.7577
