Description

BKREA has been exclusively retained to market the sale of 147–151 West 29th Street, a premier block-through mixed-use development opportunity located at the intersection of NoMad and Midtown South, one of Manhattan’s most dynamic and rapidly evolving corridors. The site features dual frontage along West 29th and West 30th Streets, encompasses approximately 11,955 square feet of development land with a total zoning lot of roughly 25,660 square feet including transferred air rights, and benefits from positioning within the proposed Midtown South Mixed-Use Rezoning (M1-9A/R12). With the potential to achieve up to approximately 257,000 square feet of zoning floor area through a combination of rezoning allowances, air rights transfers, Mandatory Inclusionary Housing, and ultra-low energy deductions, the property offers exceptional flexibility for high-density residential, commercial, or community facility development. Surrounded by major landmarks, seamlessly connected to Chelsea and Hudson Yards, and steps from Penn Station and multiple subway lines, the site presents a rare opportunity for a highly visible, transit-oriented, trophy mixed-use project in one of Manhattan’s most sought-after growth markets.