146 East 56th Street, New York, NY 10022

Cushman & Wakefield has been retained to arrange the sale of 146 East 56th Street, a premier boutique development site located in the heart of the Plaza District. The lot spans 40' x 100' and is unique in that it will be delivered vacant, thereby allowing a developer to purchase and start filing plans immediately.

The 4,020 square foot lot carries a base as-of-right FAR of 10.0, however, the owner has acquired an additional 2.0 FAR worth of inclusionary certificates, bringing the total achievable ZFA to approximately 48,240 square feet, without the need to build affordable housing.

The addition of the IH certificates also allows for greater flexibility for floor plate design as it allows for a higher street wall requirement than as-of-right zoning would typically allow. 146 East 56th Street is located nearby the prestigious Billionaire's Row, numerous Fortune 500 firms who have offices along Park and Lexington Avenues, and some of the most desired retail in the world running along the Fifth Avenue corridor.

With preliminary studies already prepared and designed by industry-leading architecture firm Hill West, 146 East 56th Street offers an unparalleled opportunity to purchase an unencumbered boutique development site in one of the most desired submarkets in all of Manhattan.