150 East 33rd Street

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Listing was updated on: 05/16/2023

150 East 33rd Street, New York, NY, US

Location
Manhattan

Sale
Avison Young, as exclusive agent, is pleased to offer a development site at 150 East 33rd Street (“Property” or “Site”) in the Murray Hill neighborhood of Manhattan between Lexington Avenue and Third Avenue. The Property features approximately 44± feet of frontage along East 33rd Street with a curb cut and is currently improved by a four-story above grade parking garage with a lower level and roof parking. Home to a parking garage since 1961 through a commercial variance, an investor or developer can keep the Property’s current use through 2028, at which point the variance will have to be renewed. Or the garage can be vacated, creating a centrally located site ideal for residential development. In addition, the Property just underwent an extensive electrical upgrade.