NY
New York (Manhattan)
New York (Manhattan)
10036
315 W 46 Street
315 W 46 Street, New York (Manhattan), NY 10036
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Listing Type
Commercial/Industrial
Listing Status
active
28
$7,950,000

Home Details for 315 W 46 Street

Price
$7,950,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1910
Lot size acres
0.0461
County
New York (Manhattan)
Garage
Basement
Full
Days on site
93
MLS Listing#
880436
Property Description

Current Configuration: 4 Residential Units + 1 Retail Storefront Annual Gross Income: $465,000 2024 Property Taxes: Only $96,000 Lot Size: 20×100.42ft Building Footprint: 20×50ft (approx. 3,540SF, 3 stories) Development & Upside Potential Zoning: R8 (High-Density Residential) with C1-5 Commercial Overlay • Residential FAR up to 6.02 under R8 zoning – allows building ~6× the lot area (~12,000SF) • C1-5 overlay Commercial FAR of 2.0 within R8, equating to combined FAR equal to the higher of the two (6.02) Buildable Area: Over 12,000SF of potential space – ideal for expansion, redevelopment, or mixed-use conversion. Key Highlights • Turn-key income: Immediate cash flow with long-term tenants (+ retail), plus two vacant units for flexible use • Tax-efficient ownership: Annual tax burden only ~$96K, low compared to income • Transferrable development rights: Rare Manhattan plot with substantial upside under current zoning • Midtown core location: Minutes from Broadway, Times Square, transit, dining, and entertainment

Property Features
  • Cooling Information
    • Central Air
  • Heating Information
    • Other
  • Water Features
    • Other
  • Utilities
    • See Remarks
  • Basement
    • Full
Listing Courtesy: Winzone Realty Inc - 718-899-7000
Presented by: Victoria Chang
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65-46 Grand Ave, Maspeth, NY 11378
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718 416 4411
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