821 Avenue Of Americas
Retail | 7,832 SqFt
Marketing description
Marketing Highlights: 821 Avenue of the Americas, Nomad, NY
Prime Nomad Location:
Located at the crossroads of Manhattan’s thriving Nomad neighborhood, 821 Avenue of the Americas offers unmatched visibility and access. With 24.67 feet of frontage along one of the city’s busiest commercial corridors, this property is positioned in the heart of one of New York’s most rapidly developing areas. Proximity to Madison Square Park, high-end hotels, top-tier dining, and corporate offices makes it a magnet for foot traffic and commerce.
Zoning for Flexibility:
The property is zoned C6-4X (R10X equivalent), allowing for high-density commercial, residential, or mixed-use developments. The 10 FAR provides the opportunity to fully maximize the 19,120 buildable square feet, offering developers tremendous potential to reshape the skyline.
Air Rights Potential:
With 11,288 square feet of air rights, the property is poised for vertical expansion, making it a unique opportunity for growth and future development. Combined with its not landmarked status, this flexibility provides developers and investors with significant creative freedom.
Existing Infrastructure:
The current structure includes 7,832 square feet of gross building area and 7,545 square feet of net rentable space, providing an immediate income stream for investors. The property’s 1912 square foot lot size creates the perfect foundation for expansion or redevelopment while capitalizing on existing tenant demand in a high-foot-traffic area.
Connected to Transportation:
Just minutes from Penn Station and major subway lines, this property offers unparalleled access for tenants, customers, and commuters. The site is easily accessible to the entire city, with public transportation options ensuring constant traffic and visibility.
The Nomad Neighborhood:
Nomad has become one of Manhattan’s most dynamic neighborhoods, attracting leading tech firms, upscale retailers, and luxury hotels. Known for its mix of historic architecture and modern development, it is an epicenter for business and culture. Surrounded by iconic landmarks like Madison Square Park and the Flatiron Building, this property benefits from being at the nexus of commerce, lifestyle, and innovation.
Marketing Potential:
With its central location, significant foot traffic, and extensive redevelopment potential, 821 Avenue of the Americas is ideal for luxury retail, boutique hotels, or corporate offices. The high visibility and proximity to key attractions make it a flagship location for any brand or business looking to expand their presence in New York City.
Development Opportunity:
This property offers a rare opportunity to create a landmark development in one of Manhattan's fastest-growing districts. Whether for office, retail, or residential use, 821 Avenue of the Americas is an exceptional canvas for visionary investors and developers looking to create long-term value in the heart of NYC.
Contact us today to discuss how your business or investment strategy can thrive in this prime location.
Investment highlights
Exclusive Investment Opportunity: 821 Avenue of the Americas, Nomad, NY
Property Overview: This premier property, located in the heart of Manhattan’s vibrant Nomad district, offers an unparalleled investment and development opportunity. With a total frontage of 24.67 feet, lot dimensions of 24.67’ x 77.5’, and an FAR of 10, this property is ideally positioned for high-density commercial or mixed-use development.
Boasting 7,832 square feet of gross building area and a net rentable area of 7,545 square feet, this property provides significant existing income potential, while its 19,120 buildable square feet (BSF) and 11,288 square feet of air rights allow for extraordinary vertical expansion.
Key Details:
Location: 821 Avenue of the Americas, between West 28th and West 29th Streets
Lot Dimensions: 24.67’ x 77.5’
Lot Size: 1,912 SF
Zoning: C6-4X (R10X Equivalent) – Permitting high-density commercial, residential, and mixed-use development
Frontage: 24.67 feet on Avenue of the Americas, offering exceptional visibility in one of the city’s busiest commercial corridors
Gross Building Size: 7,832 SF
Net Rentable Area: 7,545 SF
Buildable Square Footage: 19,120 SF
Air Rights: 11,288 SF of unused air rights, providing significant development potential
Not a Landmark: No landmark designation, allowing greater flexibility in redevelopment options
Prime Nomad Location:
Nestled in the heart of the Nomad (North of Madison Square Park) neighborhood, this property is surrounded by some of the city's most sought-after amenities. A bustling hub of commerce, culture, and high-end residential developments, Nomad has emerged as one of Manhattan’s most dynamic neighborhoods. Madison Square Park is just a short walk away, providing valuable green space and enhancing the area’s appeal for residents and workers alike.
The surrounding area is home to luxury hotels, world-class dining, and high-end retail, as well as an ever-growing roster of top-tier corporate tenants. Excellent access to public transportation — including major subway lines and Penn Station — ensures easy access to this property for commuters from all over the city and beyond.
Zoning and Development Potential:
With C6-4X zoning, the property is ideally suited for a variety of high-density commercial, residential, or mixed-use projects. The 10 FAR offers substantial flexibility for developers looking to capitalize on one of the most rapidly growing areas in Manhattan. Combined with 11,288 square feet of available air rights, the site is ready for significant vertical expansion, providing long-term value for developers and investors.
Financial Expertise & Capital Markets Solutions:
Gorbachincky Real Estate’s seasoned team offers 40 years of collective experience in real estate transactions and access to comprehensive capital markets solutions. Our expertise in securing construction loans, bridge financing, and commercial mortgages ensures seamless transactions and a tailored approach to funding your next project.
Why 821 Avenue of the Americas?
Strategic location in the fast-growing Nomad neighborhood, surrounded by established businesses, upscale hotels, and cultural landmarks.
Exceptional development potential with available air rights and favorable zoning, creating opportunities for high returns on investment.
Immediate income generation with 7,545 square feet of rentable space, while offering long-term growth through redevelopment.
This is a rare opportunity to acquire a property in one of Manhattan’s most desirable neighborhoods, with the potential for both immediate revenue and long-term growth.
Contact Gorbachincky Real Estate for a private showing or to explore how we can help structure your investment strategy for this unparalleled property.
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