| Unit |
Size (RSF) |
Asking Price |
Price/RSF |
|
Lease Commencement Date |
Lease Expiration Date |
In-Place Rent |
Rent/RSF |
| Entire 12th Floor |
6,747 |
$7,073,300 |
$1,048 |
|
9/1/12 |
11/30/23 |
$351,859
|
$52.15
|
| Entire 10th Floor |
6,758 |
$6,708,650 |
$993 |
|
1/21/18 |
5/31/25 |
$363,524 |
$53.79 |
| 9E |
3,473 |
$3,212,525 |
$925 |
|
3/27/17 |
2/28/24 |
$169,544 |
$48.82 |
| 7W |
3,258 |
$3,176,550 |
$975 |
|
5/1/15 |
10/31/25 |
$182,070 |
$55.88 |
| 6W |
3,261 |
$3,097,950 |
$950 |
|
2/1/11 |
3/31/23 |
$167,333 |
$51.31 |
|
*Estimated annual common charges are $7.83/RSF, and estimated annual real estate taxes are $7.30/RSF
Highlights:
•
Rare boutique office condominium investment units in the heart of Herald Square
• High quality tenants in-place with strong rents through 2023 and 2025
• Beautifully built units with excellent infrastructure, oversized windows with tremendous light, private restrooms and and a tenant-controlled HVAC system
• Building is renovated, professionally maintained with an attended lobby, efficient center core and two large elevators
• Straddles Midtown and Midtown South, attracting a variety of different industries that demand strong rents |
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