Land

539 West 54th Street

539 W 54th St New York, New York United States 10019-5014
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 1920
Building Area
Land Area ()

Property Description

JLL has been exclusively retained to market for sale 539 West 54th Street, an outstanding development opportunity located between 10th and 11th Avenues, along the border of Hell’s Kitchen and Lincoln Square on Manhattan’s west side. Currently known as the Centro Maria, 539 West 54th Street is improved by a 5-story convent and religious establishment totaling approximately 43,500 square feet. The existing structure consists of dorm style rooms, common area spaces, a cafeteria and chapel.

Investment Highlights

The property features an impressive 125’ of frontage and is situated within an R8 zoning district, allowing for residential and/or community facility development. The as-of-right residential FAR is 6.02, or approximately 75,566 buildable square feet and the community facility FAR is 6.5 or approximately 81,591 buildable square feet.

Last Updated Date: 30 Mar 2021
Bob Knakal
Bob Knakal
Chairman, NY Investment Sales, New York Office Co-Head
License details
NY-10311207925
Jonathan Hageman
Jonathan Hageman
Managing Director, Capital Markets
License details
NY-10301212436
+41445083302
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+41445083302
Last Updated Date: 30 Mar 2021

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