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Type:
Mixed Use
Sq Ft:
4,337
Units:
Property Description
Investment Property Realty Group (IPRG) is pleased to present 402 West 40th Street, a prime mixed-use property located in the Midtown West neighborhood of Manhattan.
The subject property is positioned between Ninth and Tenth Avenues, just steps from Times Square, Hudson Yards, and the Port Authority Bus Terminal. It is currently configured as one office and one residential unit, totaling approximately 4,337 square feet. The property presents significant redevelopment and value-add potential in one of Manhattan’s highest-density corridors.
This opportunity is further enhanced by strong transit access—directly connected to 15+ subway lines, the bus terminal, and the Lincoln Tunnel. The area is poised for long-term appreciation, driven by the $10 billion Port Authority Bus Terminal redevelopment project, which will deliver new office towers, retail concourses, and public spaces.
402 West 40th Street represents a rare opportunity to acquire a Midtown West asset with residential, office, retail, and development potential in one of Manhattan’s most sought-after neighborhoods.
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Block & Lot:
00737-0040
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Neighborhood:
Hell's Kitchen
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Cross Streets:
West 40th St & 9th Ave
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Building Dimensions:
18.33 ft x 94.75 ft
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Lot Dimensions:
18.33 ft x 98.75 ft
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Units:
2
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Total Approx. SF:
4,337
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Zoning:
C1-7A, R8A
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FAR:
6.02
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Tax Class:
1
