Union Square Development Site Offers Chance to Get in on 14th Street Building Boom

Aerial rendering of 33-35 West 14th Street via Meridian Capital Group

Wednesday, Mar 14, 2018 By Michelle Merritt

Meridian Capital Group has just listed a 12,311-square-foot development site at 33-35 West 14th Street. Comprised of two properties, the lot is 50’ x 103.5’ with 50 feet of frontage on West 14th Street. There are also 31,000 buildable square feet in air rights. Flexible zoning allows for hotel, commercial, and residential uses.

Whatever ultimately goes up on the site will rise in a highly profitable area. It is across the street from 14 West 14th Street, a contemporary condominium where the few resales are approaching $2,000 per square foot. A few blocks west, a condo boom shows no sign of slowing down with new condominiums on the rise and existing buildings with a sales average of $2,538 per square foot.

33-35 West 14th Street offers easy access to the best dining, shopping, nightlife, and culture in Flatiron, Greenwich Village, and Chelsea. It is two blocks from the Union Square subway hub. During the impending L train shutdown in 2019, 14th Street will be closed to car traffic and dedicated to buses.

33-35 West 14th Street via Google

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Union Square Development Site Offers Chance to Get in on 14th Street Building Boom

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