3 W 30TH ST, NEW YORK, NY 10001
Office | 10,595 SF
Marketing description
Marketing Highlights: 3 W 30th St, NoMad, NY
OWNER-FINANCING AVAILABLE FOR THIS PROPERTY
Prime Commercial Office Building in NoMad
Located at 3 W 30th St in Manhattan’s booming NoMad neighborhood, this five-story masonry office building offers a unique opportunity for redevelopment or repositioning. With no existing tenants, the property will be delivered vacant, providing a blank canvas for new owners to maximize its potential.
Key Property Details:
Lot Size: 2,469 SF (25 ft x 98.75 ft)
Building Size: 10,595 SF, 5 stories
Building Class: Office with Commercial (1 to 6 stories)
Zoning: M1-6, which supports a wide range of commercial uses
Building Dimensions: 25 ft x 97 ft
Proximity: Located just blocks from major NYC landmarks including Madison Square Park and the Empire State Building
Location:
Nestled in the heart of NoMad, an area characterized by rapid growth and upscale developments, 3 W 30th St is surrounded by high-end hotels, tech firms, and trendy dining spots. This sought-after location offers excellent connectivity, with easy access to major subway lines, making it ideal for businesses seeking a prestigious Manhattan address.
Vacant Delivery:
With no existing tenants, the building is primed for immediate occupancy or redevelopment, offering flexibility for future use as office space, retail, or a combination of both.
Investment highlights
Investment Highlights: 3 W 30th St, NoMad, NY
Development Potential:
The property boasts an FAR (Floor Area Ratio) of 10, providing a maximum usable floor area of 24,690 SF. With only 4.29 FAR currently utilized, investors can take advantage of 14,098 SF of unused air rights. This significant development potential allows for vertical expansion, making it an attractive prospect for developers and investors looking to build additional office or mixed-use space.
Key Financial & Zoning Data:
Property Taxes: $75,099 annually (Tax Class 4)
FAR as built: 4.29
Unused FAR: 14,098 SF
Zoning: M1-6 (Commercial FAR of 10)
Max Usable Floor Area: 24,690 SF
No Landmark Status: Flexibility for future redevelopment
Why Invest in 3 W 30th St?:
Significant development potential with over 14,000 SF of unused FAR for future expansion.
Delivered vacant, offering flexibility for immediate redevelopment or lease-up.
Prime location in NoMad, one of Manhattan’s fastest-growing commercial areas, surrounded by high-demand office and retail tenants.
Zoning M1-6, suitable for high-density commercial use, allowing a variety of potential redevelopment projects.
This property is an excellent opportunity for investors seeking both immediate value and long-term growth potential in a rapidly evolving Manhattan neighborhood.
Contact us today to explore the full potential of 3 W 30th St.
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