Description

BKREA has been exclusively retained to market the sale of 21–23 West 45th Street, a prime development opportunity located on the north side of West 45th Street between Avenue of the Americas and Fifth Avenue in the heart of Midtown Manhattan. Featuring 50 feet of frontage and flexible C6-4.5, MiD zoning, the site offers strong potential for residential or hotel development, supported by robust demand and favorable hotel fundamentals driven by proximity to Times Square, Bryant Park, and other major attractions. The property comprises two tax lots, including a three-story commercial building on Lot 25 and a six-story commercial building on Lot 26, providing an attractive opportunity for redevelopment in one of New York City’s most sought-after corridors.