136 West 44th Street

136 West 44th Street, New York, NY 10036

  • For Sale Guidance Upon Request
  • Property Type VacantLand
  • Lot Size 0.12 Acre
  • Date Updated Jan 30, 2025
BKREA has been exclusively retained to arrange for the sale of 136-140 West 44th Street ("The Site"), an exceptional development opportunity in the heart of Midtown Manhattan. The site is located on the south side of West 44th Street, between Avenue of the Americas and Broadway, with 50 feet of frontage along West 44th Street. Its flexible C6-5.5, MiD zoning, and prime location present developers with an opportunity to capitalize on the strong demand for residential developments, as well as favorable hotel economics driven by the proximity to top tourist attractions such as Times Square and Bryant Park. Currently, the site consists of two tax lots, with Lot 49 being demolished and Lot 50 is improved with a three-story building. The entire site will be delivered vacant, allowing developers to demolish the remaining existing structure. This development site presents an exceptional opportunity for developers to capitalize on the strong fundamentals of the Theater District and Midtown. The area has long been one of New York City's most vibrant and highly visited neighborhoods. It offers convenient walk-to-work access for future residents and is just a 3-minute walk from the Times Square-42nd Street subway station, providing direct transit options to the 1, 2, 3, 7, A, C , E, N, Q, R, S, and W lines, ensuring easy accessibility throughout the cityBKREA has been exclusively retained to arrange for the sale of 136-140 West 44th Street ("The Site"), an exceptional development opportunity in the heart of Midtown Manhattan. The site is located on the south side of West 44th Street, between Avenue of the Americas and Broadway, with 50 feet of frontage along West 44th Street. Its flexible C6-5.5, MiD zoning, and prime location present developers with an opportunity to capitalize on the strong demand for residential developments, as well as favorable hotel economics driven by the proximity to top tourist attractions such as Times Square and Bryant Park. Currently, the site consists of two tax lots, with Lot 49 being demolished and Lot 50 is improved with a three-story building. The entire site will be delivered vacant, allowing developers to demolish the remaining existing structure. This development site presents an exceptional opportunity for developers to capitalize on the strong fundamentals of the Theater District and Midtown. The area has long been one of New York City's most vibrant and highly visited neighborhoods. It offers convenient walk-to-work access for future residents and is just a 3-minute walk from the Times Square-42nd Street subway station, providing direct transit options to the 1, 2, 3, 7, A, C , E, N, Q, R, S, and W lines, ensuring easy accessibility throughout the city
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Highlights

  • Flexible Zoning Opportunity - The favorable C6-5.5, MiD allows residential, commercial, and Universal Affordability Preference enabling the execution of a variety of business plans.
  • Vacant Possession - A portion of the site has already been demolished and the existing building will be delivered vacant, providing time and cost savings.
  • Transferrable Development Rights - Ownership has the ability to transfer approximately 14,018 square feet of development rights for commercial and UAP uses. Additionally, the future development has the potential to cantilever over the remaining Lot 51 allowing more efficiency on upper floors.
  • Coveted Location - 136- 140 West 44th Street is ideally located in the heart of the Theater District of Midtown allowing developers to benefit from the unmatched demand drivers.
  • Advantageous Accessibility - The site is a 3-minute walk from The Times
  • Square – 42nd Street station providing access to subway lines 1, 2, 3, 7, A, C, E, N, Q, R, and W.

Contacts

broker

BKREA

Location

Getting Around

  • Walk Score ®

    100/100 Walker's Paradise
  • Transit Score ®

    100/100 Rider's Paradise
  • Bike Score ®

    92/100 Biker's Paradise
Powered by Walk Score ®
  • City New York, NY
  • Neighborhood Theatre District - Times Square
  • Zip Code 10036
  • Market Manhattan

Points of Interest

  • Times Square

    0.09 miles

  • 5th Avenue

    0.25 miles

  • 42nd Street–Port Authority Bus Terminal

    0.27 miles

  • Grand Central North - 335 Madison Av Entrance

    0.38 miles

  • Grand Central

    0.39 miles

  • 44th Street Elevator

    0.41 miles

  • Grand Central - 45th Street Entrance

    0.41 miles

  • 43rd / Vanderbilt

    0.41 miles

  • Grand Central - LIRR Concourse

    0.42 miles

  • Grand Central - 47th Street Entrance

    0.42 miles

  • Blink

    0.52 miles

  • ChargePoint

    0.64 miles

  • Mobil

    0.69 miles

  • Tesla Supercharger

    0.71 miles

  • BP

    1.58 miles

  • Citgo

    1.97 miles

  • Sunoco

    2.12 miles

  • Gulf

    2.32 miles

  • Atlantic

    2.34 miles

  • Shell

    2.37 miles

  • Hippodrome Parking

    0.14 miles

  • Icon

    0.20 miles

  • Icon Parking

    0.20 miles

  • City Parking

    0.21 miles

  • Quik Park

    0.28 miles

  • Champion

    0.47 miles

  • Lot 10

    0.55 miles

  • Lot 9

    0.57 miles

  • Alpha Garage

    0.59 miles

  • iClean

    1.58 miles

  • The Chatwal

    0.01 miles

  • hotel mela

    0.02 miles

  • Millennium Broadway

    0.03 miles

  • Casablanca Hotel

    0.04 miles

  • Room Mate Grace Hotel

    0.07 miles

  • Hyatt Centric Times Square

    0.07 miles

  • Hotel St. James

    0.09 miles

  • The Muse New York

    0.09 miles

  • Hilton Garden Inn

    0.12 miles

  • The Knickerbocker Hotel

    0.12 miles

  • The Lambs Club

    0.00 miles

  • Virgil's Real BBQ

    0.04 miles

  • Tony's

    0.04 miles

  • Burger & Lobster

    0.06 miles

  • Brooklyn Diner

    0.06 miles

  • Cranberry Cafe

    0.08 miles

  • Charlie Palmer Steak

    0.08 miles

  • McDonald's

    0.08 miles

  • Planet Hollywood

    0.09 miles

  • Buca di Beppo

    0.09 miles

  • CUNY Graduate School of Journalism

    0.24 miles

  • Stella and Charles Guttman Community College

    0.26 miles

  • Holy Cross School

    0.35 miles

  • Public School 212

    0.36 miles

  • Midtown West School PS 212

    0.39 miles

  • M408 Professional Performing Arts High School

    0.40 miles

  • Mercy University

    0.50 miles

  • The Actors Studio

    0.51 miles

  • Public School 58

    0.53 miles

  • Public School 69

    0.54 miles

  • Star A Kidz

    0.37 miles

  • Kindercare

    0.51 miles

  • Wee Ones Club

    0.68 miles

  • Everbrook Academy

    0.78 miles

  • Gymboree

    0.81 miles

  • Alpha Bet Preschool of Murray Hill

    0.95 miles

  • St Vartan Play Group Preschool

    1.01 miles

  • Push My Swing

    1.02 miles

  • NY Kids Club

    1.09 miles

  • Explore + Discover Early Learning Center

    1.21 miles

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