103 29Th St, New York, NY 10016

0.1 Acres of Residential Land Offered at $15,800,000 USD in New York, NY 10016

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $15,800,000

Sale Condition
Build to Suit
Property Type
Land

Listing Contacts

Haavard Iversen
Haavard Iversen
Verified Profile
  • Property Info

Property Overview

103 East 29th Street offers a highly desirable NoMad location just three blocks north of Madison Square Park. The site benefits from outstanding light and air. This was previously the site of the Deauville Hotel. The purchase price includes the demolition costs of the structure. The property enjoys an unusually convenient location just one block from a subway station at Park Avenue South and 28th Street. The station is serviced by the popular 6 train line, with direct access to Grand Central Terminal, Midtown, Union Square, Astor Place, NoHo/SoHo, and Downtown Manhattan. An additional station is located within a five-minute walk at 28th Street and Broadway, where the N and R Trains provide direct service to Times Square and Downtown Brooklyn.

Property Details

Property Subtype
Residential/Multifamily

Highlights

  • Rare development site that is situated in one of New York's most vibrant submarkets, NoMad, a desirable residential and business destination.
  • Sitting on a .10-acre lot with flexible C6 zoning, the location is ideal for a commercial property or a boutique residential condominium building.
  • Whether a property resident, tenant, or guest, enjoy exceptional mass transit access with subway stations located within convenient walking distance.
  • This is the former site of the historic Deauville Hotel, which is currently being demolished, and the site will be delivered shovel-ready Summer 2021.

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