41 W 36th St., New York, NY 10018

PROPERTY OVERVIEW

41 West 36th Street offers a rare opportunity to acquire a newly upzoned residential development site in the heart of Manhattan’s Midtown South neighborhood. Situated on the north side of West 36th Street between Fifth Avenue and Avenue of the Americas, the site is steps from Herald Square, Bryant Park, Penn Station, and Manhattan’s premier commercial and retail corridors.

• Lot Size: 1,975 SF

• Frontage: 20 feet

• Depth: 98.75 feet

• Zoning: M1-9A / R12

• Residential FAR: 18.0

• Buildable Area: 35,550 BSF

• Existing Improvements: 7,695 SF five-story commercial building

• Delivery: Vacant

• Air Rights: All available air rights included; unused development rights may also be purchased separately

DEVELOPMENT OPPORTUNITY

• 35,550 BSF under the Midtown South Mixed-Use (MSMX) rezoning

• Full ability to maximize 18.0 FAR for residential or mixed-use development

• Vacant delivery allows for immediate redevelopment

• Flexible acquisition options with all air rights included or unused air rights available separately

MIDTOWN SOUTH MIXED-USE (MSMX) REZONING

• Passed in August 2025, transforming Midtown South into one of Manhattan’s most significant long-term residential growth corridors

• Projected to deliver over 9,500 new housing units district-wide, including 2,800+ permanently affordable units

• The site is positioned to benefit from sustained residential, office, and retail demand

LOCATION & ACCESSIBILITY

• 3-minute walk to 34th Street–Herald Square subway station (N, Q, R, W, B, D, F, M lines)

• 11-minute walk to Penn Station (LIRR, NJ Transit, Amtrak, PATH, 1, 2, 3 lines)

• Steps from premier office towers, flagship retail along 34th Street, hotels, and institutional anchors