710 3rd Avenue, a prime Midtown East development site located on the west side of 3rd Avenue between 44th street and 45th street. Currently a vacant lot, the flexible C5-3 zoning provides the opportunity to develop a unique property that is ideally situated close to Grand Central Station, the Chrysler Building and the United Nations.
* Flexible Zoning: The C5-3 zoning with a 15.0 commercial FAR and 10.0 residential FAR that allows for a total of 35,625 buildable square feet, as-of-right, for a mixed-use commercial, residential or hotel project. Creative uses may also include live-work environments, as well as shared space directed at residential or professional users.
* Approved Plans: Ownership has approved plans for a 40,335 square foot, 17-story mixed-use office building that features flexible floor plates, outdoor space and generous ceiling heights.
Block / Lot: 1299 / 37
Lot Dimensions: 25′ x 95′
Lot Size: 2,375 Sq. Ft. (Approx.)
Zoning: C5-3 (R10 Equivalent)
FAR Commercial: 15.00
FAR Residential: 10.00
Buildable Area: 35,625 Sq. Ft. (Approx.)
Air Rights: 35,625 Sq. Ft. (Approx.)
Assessment (21/22): $1,349,632
Real Estate Taxes (21/22): $144,330
Asking Price: $13,750,000