High-rise commercial buildings

Sub Markets

Property Sectors

Topics

New York & Tri-State CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New York & Tri-State  + Industrial  | 

JLL Markets Hell’s Kitchen Warehouse for Sale

JLL Capital Markets is marketing a 75-foot-wide, three-story vacant commercial warehouse at 456 W. 55th St. in Hell’s Kitchen for $16.25 million. The JLL team is led by managing directors Ethan Stanton, Hall Oster and Paul Smadbeck; directors Harry Hochman and Luca Cobucci; VPs Conrad Martin and Teddy Galligan; and associate Braedon Gait.

“456 W. 55th provides an extraordinary repositioning opportunity, as major developments such as Hudson Yards and Manhattan West add tremendous value to neighborhoods on the West Side,” Stanton said. “The property has flexible zoning and offers a host of possibilities as the West Side continues to evolve.”

Located on the south side of West 55th Street between Ninth and Tenth avenues, the property will be delivered vacant. It contains approximately 21,600 gross square feet above grade, with roughly 10,030 square feet of additional air rights.

Connect

Inside The Story

Connect With JLL’s Stanton

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale