Originally constructed in 1915, a multi-unit residential building will soon replace the extant structure at 154 East 38th Street, in Murray Hill, Manhattan.
Permits detail a new, eight-story development which will comprise 20 units. At just under 859 square feet apiece, rentals appear likely.
The existing four-story building contains 8,000 square feet of space and previously sat vacant. Located near the Midtown Tunnel, the building will have close access to nearly all major subways.
CFWZ realty is listed as property owner with Chi F. Lau overseeing architectural design.