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365 W 46th StNew York, NY 10036
365-367 West 46th Street
Asset ClassMixed Use, Retail, Land, Multifamily
overview of deal

Overview

365-367 West 46th Street is a vacant 4 story mixed use building on a 33’ x 100’ lot. The former Sushi Seki Restaurant spans both the ground and second floors as well as the basement. The basement has walk-ins, food preparation and storage areas and a large kitchen. The ground and parlor floors have bar areas as well as seating for 240 people and smaller open kitchens and food prep areas in the rear. The upper two floors were used for short term rentals and contain six rooms on each floor. The bldg is approx 9,976 sf and has an additional 9,974 sf of air rights intact. This offering presents a unique opportunity to a developer, user or converter in the heart of Restaurant Row.

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Investment Highlights

Location: North side of West 46th Street between 8th Avenue and 9th Avenue

Block/Lot(s): 1037 / 5, 105

Gross Square Footage: 9,976 SF Approx.

Zoning: R8, C1-5

FAR: 6.02 (Residential) | 6.50 (Facility)

Lot Size: 3,314

Total Buildable SF: 19,950 SF Approx.

Available Air Rights: 9,974

Assessment (25/26): $2,396,430

Tax Rate: 10.762%

Taxes: $257,904

365 W 46th StNew York, NY 10036

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