4-8 East 30th Street
4-8 East 30th Street is a premier mixed-use development site in Manhattan's NoMad neighborhood, offered for sale as a vacant two-building assemblage with significant upside potential. The 5,925 SF lot, located between Fifth and Madison Avenues with 60 feet of street frontage, is zoned C5-2 with an R10 overlay and supports an as-of-right FAR of 10.0, yielding approximately 59,250 zoning square feet for residential or commercial use.
Development density can be increased to an FAR of 12.0 (approximately 71,100 ZFA) through acquisition of off-site UAP air rights within Community Board 5 or a half-mile radius, combined with on-site affordable housing. An additional 11,850 ZFA is currently being marketed separately, with further upside supported by the City of Yes initiative and landmark air-rights transfers. The site benefits from excellent light and air due to the low-rise landmarked church immediately to the south.
Positioned in one of Manhattan's fastest-growing neighborhoods, the property is surrounded by luxury residential, hotel, and office developments. It is within a five-minute walk of the R/W and 6 subway lines and near Madison Square Park and major employment centers, making it highly accessible for both residents and workers.
- As-of-right FAR 10.0; density expandable to FAR 12.0 with air rights and affordable housing
- 60 feet of frontage on East 30th Street between Fifth and Madison Avenues
- Zoned C5-2 with R10 overlay; additional 11,850 ZFA currently marketed separately
- Two five-story buildings delivered vacant; rare boutique-scale development opportunity
- Steps from R/W and 6 subway lines; adjacent to Madison Square Park and luxury mixed-use corridor
Location
BKREA has been exclusively retained to offer 4-8 East 30th Street, a premier mixed-use development opportunity in Manhattan’s highly sought-after NoMad neighborhood. Located on the south side of East 30th Street between Fifth and Madison Avenues, the property features approximately 60 feet of frontage and 98.75 feet of depth, encompassing two five-story mixed-use buildings that will be delivered vacant. The site spans approximately 5,925 square feet and is zoned C5-2 with an R10 overlay, allowing an as-of-right FAR of 10.0 and approximately 59,250 zoning square feet for residential or commercial development. Development potential can be increased to an FAR of 12.0, or approximately 71,100 ZFA, through the acquisition of off-site UAP air rights within Community Board 5 or a half-mile radius, as well as on-site affordable housing. An additional 11,850 ZFA is currently being marketed by BKREA, with further density potential supported by the City of Yes initiative and landmark air-rights transfers. The property benefits from excellent light and air due to the low-rise landmarked church directly to the south. Situated in one of Manhattan’s fastest-growing and most desirable neighborhoods, the site is surrounded by luxury residential, hotel, and office developments and is conveniently located near Madison Square Park, major employment centers, and multiple subway lines, including the R/W and 6 trains, each approximately a five-minute walk away. Overall, the property presents a rare boutique-scale development opportunity with strong upside potential in a highly desirable and centrally located Manhattan market.