456 W 55th St

JLL has been retained on an exclusive basis to arrange
for the sale of 456 West 55th Street, a rare 75’ wide,
three-story warehouse building located on the south side
of West 55th Street between 9th and 10th Avenues with
12’ 9” ceilings throughout and exceptionally heavy floor
loads (120 lbs. PSF) on all floors. 456 West 55th Street
provides an exceptional opportunity for a wide array of
potential purchasers/owner-occupants.
456 West 55th Street contains approximately 21,600
gross SF above grade with roughly 10,030 SF of
additional air rights. It lies within a C6-2 zoning district
allowing for residential, commercial, and/or community
facility uses. The as-of-right FAR for the property is limited
to 4.2 given its location within the Special Clinton District
which equates to a total of approximately 31,630 BSF.
Built approximately 96’ deep on the lot, all 3 floors
span ~7,200 square feet and are connected by a pair
of internal staircases along with a manually operated
freight elevator. The property possesses a curb cut
and loading dock with direct access to the elevator.
Purchasers should be able to restore/add windows to the
front / rear facades and could potentially utilize a portion
of the remaining air-rights to add a vertical addition atop
the existing structure.
Located in the northern part of Hell’s Kitchen, the property
is within walking distance to major attractions such as
Central Park, Columbus Circle, Lincoln Center, and the
Hudson River Greenway. It is conveniently located near
Manhattan’s major business districts and is accessible by
the ACBD&!subway lines. With major developments
such as Hudson Yards and Manhattan West adding
tremendous future value to westside neighborhoods,
456 West 55th Street is a unique opportunity with
tremendous potential within one of the West Side’s
rapidly expanding enclaves.