NEW YORK, Oct. 23, 2025 –JLL Capital Markets announced today it has been retained on an exclusive basis to arrange the sale of 460 Tenth Ave., one of the last remaining large-scale residential development sites in Manhattan’s Hudson Yards neighborhood.

The expansive 17,275-square-foot site consists of three adjacent tax lots featuring 273 feet of wraparound frontage and occupying nearly the entire eastern blockfront along 10th Ave. between West 35th and 36th streets. It is being offered for sale with as-of-right zoning allowing for nearly 250,000 square feet of zoning floor area.

The seller, Sherwood Equities, which purchased the site in the early 1990s, recently developed schematic plans in partnership with Corcoran Sunshine’s New Development team and architecture firm Perkins Eastman. The plans show a 42-story residential condominium tower featuring below-grade parking, ground-floor retail, two amenity floors interconnected by an outdoor terrace and 233 residential units. The building has been designed with a mix of 57 studios, 111 one-, 45 two- and 20 three-bedroom units.

Flexible zoning supports condo, rental or hybrid development of the site, with efficient unit layouts designed to fill a void in the market for smaller units to appeal to professionals and pied-à-terre buyers. The site also positions a buyer to leverage the momentum already created by the ongoing transformation of Hudson Yards and the limited supply pipeline of condominiums. 

A JLL Capital Markets team led by Jonathan Hageman, Ethan Stanton and Andrew Scandalios has been retained by Sherwood Equities to market the property for sale.

Hudson Yards has evolved into a premier entertainment destination, anchoring Manhattan's west side with world-class attractions including the Edge, the highest outdoor sky deck in the Western Hemisphere, and the iconic Vessel, which draws millions of visitors each year. The district's appeal is further enhanced by upscale dining venues, luxury retail at The Shops & Restaurants, seasonal programming at The Shed, landscaped public spaces at the Public Square & Gardens, and its proximity to the Javits Center, creating a vibrant year-round hub for culture, leisure and tourism.

The site is steps from the 7 Train entrance, which provides direct access to stations at Times Square, Bryant Park and Grand Central, as well as the 42nd Street-Port Authority Bus Terminal, one of the world's busiest transportation hubs. Penn Station is two blocks east and the Lincoln Tunnel entrance on West 39th St provides access for drivers commuting from New Jersey.

JLL is a leader in the New York Tri-State commercial real estate market, with more than 4,800 of the most recognized industry experts offering brokerage, capital markets, properties and facilities management, consulting, and project and development services.

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