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314 West 40 Street zoning and development potential

314 West 40 Street, Manhattan 10018 is a 14,812 square foot lot zoned C6-4. RunEnvelope’s engine finds an as-of-right scheme with homes of 177,743 sf (UAP (City of Yes)), against 68,060 sf built on the lot today.

The lot

BBL
1-00763-0049
Block / lot
763 / 49
Community district
Manhattan Community District 4
Zoning
C6-4
Lot area
14,812 sf
Frontage x depth
150 ft x 99 ft
Lot type
Inside
Current use
Commercial and office
Built today
68,060 sf, 5 floors
Year built
1947
Built FAR
4.59

Permitted floor area against what is built

Built on the lot today68,060 sf
Largest scheme with homes: UAP (City of Yes)177,743 sf

That leaves 109,683 sf more floor area than stands here now, if the existing building were replaced. The largest scheme with homes and no affordability obligation holds 148,120 sf (Max Residential (Sky Exposure Plane)).

City Planning’s PLUTO file lists a residential FAR of 10.00 for this lot, which at 14,812 sf of land is 148,120 sf. The engine’s largest residential-only scheme without an affordability obligation (Max Residential (Sky Exposure Plane)) holds 148,120 sf, close to that simple multiplication.

  • Narrow street frontage
  • E-designation on the lot

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 housing177,74312.00222
AIRS Senior Housing (100% Affordable)Income-restricted housing177,74312.00222
Max Residential (Sky Exposure Plane)Housing148,12010.00109
Max CommercialCommercial140,0179.45None
Max Res + Public Plaza BonusHousing65,3214.4176
Commercial OverlayMixed use with homes53,3243.6047

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 25, 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 314 West 40 Street.

Run the full study