216-222 West 30th Street
216-222 West 30th Street
Permanently Off Market
Permanently Off Market
Description
The buildings can be sold together or separately. The properties can also be offered as a long term land lease instead of a sale.
The three contiguous properties are zone M1-6D which allows...We are pleased to offer 216-222 West 30th Street, located between 7th and 8th Avenues in the Chelsea neighborhood of Manhattan. 216-222 West 30th Street currently exists as three contiguous 2-story commercial buildings but lend themselves well to a large development opportunity on a combined 93.67 ft x 98.75 ft lot.
The buildings can be sold together or separately. The properties can also be offered as a long term land lease instead of a sale.
The three contiguous properties are zone M1-6D which allows for an As of Right FAR of 10 allowing for approximately 92,499 buildable square feet and FAR of 12 allowing for approximately 110,999 buildable square feet through the Inclusionary Housing Bonus (Block: 779, Lots” 53, 55 & 56). **All information must be verified by the purchaser’s architect**.
These properties offer developers the unique and rare opportunity to acquire a 93.67 ft x 98.75 ft site with favorable M1-6D zoning in a desirable area that borders both Hudson Yard and Penn Station. This is the perfect site to build a hotel or mixed-use development.
With the new Hudson Yards development nearby, business has been booming recently and there are endless opportunities and benefits to owning and developing a property in the area. Multinational firms such as Amazon, JPMorgan, and BlackRock have moved to the Chelsea/Hudson Yards neighborhood over the course of the past year, and more are eager to do the same in the near future!
Amenities
- Lowrise
Location
Property Details for 216-222 West 30th Street
| Status | Permanently Off Market |
|---|---|
| Days on Market | 100 |
| Taxes | $16,226 / month |
| Maintenance | $1 / month |
| Min. Down Pymt | 10% |
| Total Rooms | 1.0 |
| Compass Type | Mixed Use |
| MLS Type | - |
| Year Built | 1918 |
| Lot Size | - |
| County | New York County |
Building
216-222 W 30th St
Location
Building Information for 216-222 West 30th Street
Payment Calculator
$384,602 per month
30 year fixed, 7.25% Interest
$368,375
$16,226
$1
Property History for 216-222 West 30th Street
| Date | Event & Source | Price | Appreciation |
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| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 216-222 West 30th Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 6 to 8 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
P.S. 33 Chelsea Prep PublicPK to 5 | ||
Middle 297 Public6 to 8 | ||
Lower Manhattan Community Middle School Public6 to 8 | ||
Nyc Lab Ms For Collaborative Studies Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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