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144 East 40 Street zoning and development potential

144 East 40 Street, Manhattan 10016 is a 4,740 square foot lot zoned C5-2.5. RunEnvelope’s engine finds an as-of-right scheme with homes of 56,880 sf (UAP (City of Yes)), against 20,736 sf built on the lot today.

The lot

BBL
1-00895-0063
Block / lot
895 / 63
Community district
Manhattan Community District 6
Zoning
C5-2.5
Lot area
4,740 sf
Frontage x depth
48 ft x 99 ft
Lot type
Inside
Current use
Commercial and office
Built today
20,736 sf, 6 floors
Year built
1931
Built FAR
4.37

Permitted floor area against what is built

Built on the lot today20,736 sf
Largest scheme with homes: UAP (City of Yes)56,880 sf

That leaves 36,144 sf more floor area than stands here now, if the existing building were replaced. The largest scheme with homes and no affordability obligation holds 55,856 sf (Residential + Community Facility).

City Planning’s PLUTO file lists a residential FAR of 10.00 for this lot, which at 4,740 sf of land is 47,400 sf. The engine’s largest residential-only scheme without an affordability obligation (Max Residential (Sky Exposure Plane)) holds 47,400 sf, close to that simple multiplication.

  • Narrow street frontage

Development scenarios

The largest 6 as-of-right schemes RunEnvelope’s engine produced for this lot, by zoning floor area. A full study also models the building itself: floor plates, heights, setbacks, unit mix and parking.

SchemeTypeFloor areaFARHomes
UAP (City of Yes)Income-restricted housing56,88012.0057
AIRS Senior Housing (100% Affordable)Income-restricted housing56,88012.0057
Community FacilityCommunity facility56,88012.00None
Residential + Community FacilityMixed use with homes55,85611.7843
Max CommercialCommercial49,34110.41None
Max Residential (Sky Exposure Plane)Housing47,40010.0055

Floor area is zoning floor area in square feet. Highlighted: the largest scheme with homes. Income-restricted schemes (Universal Affordability Preference, AIRS senior housing) require a share or all of the homes to be affordable. Shared housing counts rooms, not apartments. Schemes that need a landmark transfer of development rights, the FRESH food store bonus or a stack of every program are left off this page; the full study shows them.

What these numbers are

As-of-right only: what the Zoning Resolution allows without a variance, special permit or rezoning. Computed by RunEnvelope’s zoning engine on October 23, 2026 from PLUTO 26v2 lot data, in screening mode: the engine uses the City’s recorded lot area and dimensions, not a surveyed lot outline.

This is not a professional opinion, an appraisal or a statement that anything will or should be built here. Existing tenants, leases and the owner’s plans are not part of it.

What a full study checks

  • ■The actual lot outline, street frontages and yards, not PLUTO's recorded dimensions
  • ■Easements, restrictive declarations and zoning lot agreements on record
  • ■Landmark, waterfront and flood rules that apply to the specific building
  • ■Height, setback and floor-by-floor massing, with floor plans
  • ■Unit count, parking and the affordability program terms

Why this lot has a page: we publish pages only for lots that clear a set of data quality and headroom tests.

This is the screening number. Get the study for 144 East 40 Street.

Run the full study