Map of Property

539 West 54th Street

539 West 54th Street, New York, NY 10019

  • For Sale Guidance Upon Request
  • Property Type VacantLand
  • Property Size 12,549 SF
  • Lot Size 0.29 Acre
  • Additional Rent Contact for pricing
  • Date Updated Oct 3, 2024
BKREA is exclusively handling the sale of 539 West 54th Street, a mixed-use redevelopment opportunity in Manhattan’s Hell’s Kitchen neighborhood. The 12,549 square-foot lot has dimensions of 125’ x 100.42’ and is currently being demolished, saving developers time and costs. Located between 10th and 11th Avenues, the site falls within the R8, CL zoning district, allowing for an as-of-right Floor Area Ratio (FAR) of 6.02 for residential and 6.5 for community facility use. Approved plans by GF55 Architects outline a 21-story, 81,567 ZFA building with 68 residential units and a community facility on the first two floors. The property is close to parks, eateries, and shops, offering a convenient location for future residents.BKREA has been retained on an exclusive basis to arrange for the sale of 539 West 54th Street (“The Site”), an exceptional mixed-use development opportunity in the evolving Hell’s Kitchen neighborhood in Manhattan. The site is located on the north side of West 54th Street between 10th and 11th Avenues and features favorable lot dimensions of 125’ x 100.42’. The site is in the process of being demolished allowing prospective developers with time and cost savings. The 12,549 square-foot lot is within the R8, CL (Special Clinton District) zoning district, allowing for an as-of-right FAR of 6.02 for residential use and 6.5 FAR for community facility purposes, which translates to an as-of-right ZFA of 75,547 residential ZFA and 81,571 community facility ZFA. The offering is being delivered with approved plans conducted by GF55 Architects. The plans call for a 21-story, 81,567 ZFA, mixed-use project featuring 68 units and a community facility component at the base on the bottom two floors. Ownership is in the process of pulling permits and creating a shovel-ready site. All information regarding these plans is readily available in the data room. 539 West 54th Street is an excellent opportunity due to its prime Hell’s Kitchen location, offering residents a short walk to several eateries, shops, and parks such as De Witt Clinton and Hudson River Park providing a serene environment for relaxation and recreation.

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Highlights

  • Significant Frontage - The site offers potential developers with 125’ of frontage along the north side of 54th Street allowing for efficient floorplates.
  • Approved Plans - Current ownership has maintained a set of approved plans conducted by GF55 Architects calling for 21 stories and 68 units. Ownership is in the process of pulling permits and creating a shovel-ready site.
  • Boutique Development - The Site will be delivered with a total of 81,671 buildable square feet ideal for a multitude of development schemes.
  • Vacant Possession - The previous structure is in the process of being demolished, creating a fully vacant development site. This enables prospective purchases with time and cost savings.
  • Prime Hells Kitchen Location - Future development will capitalize on nearby attractions and growing demographics of the surrounding neighborhood.
  • Convenient Accessibility - 539 West 54th Street is within walking distance of several subway stations and bus stops making it commuter friendly.

Contacts

broker

Bob Knakal

BKREA

Location

Getting Around

  • Walk Score ®

    93/100 Walker's Paradise

  • Transit Score ®

    100/100 Rider's Paradise

  • Bike Score ®

    91/100 Biker's Paradise
Powered by Walk Score ®
  • City New York, NY
  • Neighborhood Clinton - Hell's Kitchen
  • Zip Code 10019
  • Market Manhattan

Points of Interest

  • 53rd Street & 7th Avenue at Northeast Corner

    0.64 miles

  • 53rd Street & 7th Avenue at Southeast Corner

    0.64 miles

  • 42nd Street–Port Authority Bus Terminal

    0.76 miles

  • 6th Avenue & 56th Street at Southwest Corner

    0.78 miles

  • 6th Avenue & 56th Street at Northwest Corner

    0.79 miles

  • 6th Avenue & 57th Street at Southwest Corner

    0.79 miles

  • 6th Avenue & 56th Street at Southeast Corner

    0.80 miles

  • Broadway & 72nd Street

    0.90 miles

  • 5th Avenue–53rd Street

    0.97 miles

  • 72nd Street

    0.99 miles

  • Mobil

    0.19 miles

  • Sunoco

    0.39 miles

  • ChargePoint

    0.44 miles

  • Mobil

    0.91 miles

  • ChargePoint

    1.03 miles

  • Tesla Supercharger

    1.05 miles

  • ChargePoint

    1.21 miles

  • ChargePoint

    1.22 miles

  • Tesla Supercharger

    1.46 miles

  • ChargePoint

    1.46 miles

  • Allie II parking

    0.31 miles

  • Alfred Car Park, LLC

    0.37 miles

  • 24 Hour Parking

    0.41 miles

  • 60 Riverside Blvd

    0.42 miles

  • Lincoln Center Park and Lock Garage

    0.48 miles

  • 101 West End Parking

    0.51 miles

  • Quik Park

    0.62 miles

  • Champion

    0.64 miles

  • Icon

    0.68 miles

  • Icon Parking

    0.75 miles

  • Fairfield Inn & Suites by Marriott New York Manhattan/Central Park

    0.18 miles

  • The Watson Hotel

    0.21 miles

  • Skyline Hotel

    0.26 miles

  • Comfort Inn

    0.33 miles

  • Holiday Inn Express

    0.33 miles

  • Ink 48 Hotel

    0.34 miles

  • Washington Jefferson Hotel

    0.43 miles

  • 6 Columbus

    0.44 miles

  • Hampton

    0.45 miles

  • Mandarin Oriental

    0.46 miles

  • Subway

    0.14 miles

  • Han Sushi

    0.15 miles

  • The Jin

    0.15 miles

  • Le Soleil

    0.15 miles

  • Westside 57 Restaurant

    0.15 miles

  • Beijing

    0.15 miles

  • Rubby Pizzeria Restaurant

    0.16 miles

  • Hudson Eatery

    0.17 miles

  • Justino's Pizza

    0.19 miles

  • Chipotle

    0.19 miles

  • Independence High School

    0.13 miles

  • High School for Environmental Studies

    0.18 miles

  • Public School 111 Adolph S. Ochs

    0.19 miles

  • Park West Educational Campus

    0.21 miles

  • John Jay College of Criminal Justice

    0.21 miles

  • Food and Finance High School

    0.22 miles

  • Lander College for Women

    0.29 miles

  • Public School 191

    0.32 miles

  • High School of Graphic Communication Arts

    0.32 miles

  • The Riverside School for Makers and Artists

    0.33 miles

  • Spot Daycare

    1.40 miles

  • Wee Ones Club

    1.56 miles

  • Everbrook Academy

    1.64 miles

  • Gymboree

    1.67 miles

  • Alpha Bet Preschool of Murray Hill

    1.81 miles

  • NY Kids Club

    1.87 miles

  • St Vartan Play Group Preschool

    1.87 miles

  • Push My Swing

    1.88 miles

  • NY Kids Club

    1.95 miles

  • Upper Valley Preschool

    2.13 miles

Frequently Asked Questions

How much does 539 West 54th Street cost?

The sale price for 539 West 54th Street is available upon request. Contact the listing broker for more information.

What is the total square footage of 539 West 54th Street?

539 West 54th Street totals 12,549 square feet.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Bob Knakal

BKREA