Manhattan Development Site - Mixed-Use Highrise Potential

This listing presents a prime development site located in a highly desirable market in Midtown Manhattan. The property is zoned C5-2.5, offering a base FAR of 12.0 with a bonus for a public plaza, allowing for substantial development potential. The site comprises two plots with a total buildable area of 90,378 sq ft, including over 12,000 sq ft designated for retail spaces. Approved plans are in place for a 40-story, ultra high-end residential tower designed by an international architect, featuring 29 bespoke condominiums and flagship retail units. This is an exceptional opportunity to acquire land in a world-class location for a significant residential and commercial project.