Meridian Capital Group
Meridian Investment Sales

16 East 32nd Street New York, NY

16 East 32nd Street New York, NY

Madison & 5th Avenues

Meridian Investment Sales is pleased to present the exclusive offering for the sale of 16 East 32nd Street – the former 100-key Avalon Hotel

Type Mixed-Use
Neighborhood Nomad
Properties One Property
Lot Size 6,468 Square Feet
Zoning Code C5-2
Stories 12 Stories
Air Rights Overbuilt

Investment Highlights:

  • Prime Redevelopment: The site will be delivered 100% vacant with no management or flag.
  • Tenant Influx: National tenants such as Whole Foods and Equinox as well as local boutiques are seeking to establish a footprint in the neighborhood.
  • Zoning: Located in the flexible C5-2 zoning district, the blank canvas allows for continued-use as a 100-key hotel or conversion to office, residential, or student housing.
  • Neighborhood Amenities: The streets surrounding the offering are lined with boutique  shops, restaurants, and cafes. Occupants of the building will enjoy convenient access to chic coffee shops such as Stumptown Coffee Roasters and a variety of Michelin star caliber dining options.
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