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New York City buildings for sale

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last updated 12/16/08

Description Location Max Size Asking Price
Maiden Ln
Development site.
48,000 buildable SF.
Zoning: C5-5
FAR: 15.0 Commercial; 10.0 Residential
45 feet of frontage
The Property is located in the Old Insurance/Financial District of
Lower Manhattan, which has emerged as one of the most
desirable residential locations for families and young
professionals. The Property is situated within easy walking
distance to historic South Street Seaport and the Broadway Retail
Corridor. From improved infrastructure to enhanced
transportation systems and an influx of residential and highquality
office development, the area is poised for continued
resurgence. In addition, the Property has superior access to the
World Trade Center Transportation Hub and the Fulton Street
Transit Center offering a PATH station and connection to 13
subway lines. even more attractive New York City neighborhood
in which to both work and reside.
Asking: $7,940,000
Financial District    48000  $163 per SF
Broadway
Building for sale
Building dimensions 28 ft x 174 ft
Lot dimensions 28 ft x 175 ft
Zoning district M1-5
No additional air rights available.
Price: $45,000,000
China Town    62000  $725 per SF
W 27 St
Building for sale
6,000 SF floor plates.
Price: $43,000,000
Chelsea    78000  $551 per SF
W 35 St
Loft Building for sale.
Good For Hotel, Office or Storage
Delivered Vacant
Built: 83 x 98 (on ground and 90' above)
Zoned: C6-4M / GC
- The building has fantastic exposure and unobstructed views.
- 2 passenger elevators and 2 freight elevators
- Ground floor ceiling - 18'+ (includes large mezzanine)
- Upper floors - 12'ceiling height
- Building has a 10 foot setback from the second floor and above.
PRICE: $40,000,000
Midtown West    93000  $429 per SF
6 Ave
Corner development site for sale.
Asking: $200,000,000
Midtown West    250000  $800 per SF
8 Ave
Development site for sale.
Asking: $22,000,000
Midtown West    45000  $488 per SF
Madison Ave
Corner development site for sale.
Lot size: 6,583 SF
Buildable: 75,847 SF
Zoning: C5-2 = R-10 equivalent
FAR: 12
Asking: $50,000,000
Midtown East    75847  $659 per SF
E 51 St
Building for sale.
Five -Story townhouse totally renovated and restores to a gracious single-family home. Central air-conditioning. Elevator. Gas heat. Delivered vacant.
Size: 18.75 x 100. Built 60' deep. (5,625 s.f.)
Can build 2,000 s.f.
Zoning: R8B
Price: $4,500,000
Midtown East    5625  $800 per SF
W 29 St
Office building for sale or lease.
The building will be delivered vacant so the Property can be completely redeveloped and leased at market rents.
Full floor or multi tenant new building installations can be created. The offering presents the opportunity to create new
office and retail space in a prewar building with windows on three sides and 11' ceilings in a vibrant Chelsea neighborhood.
The Property is suitable for a user or for resale as commercial condominiums.
The area is thriving with new residential development.
The Penn Plaza District is one of the hottest in Manhattan, with major redevelopments planned for Madison Square Garden, Moynihan Station, the Hudson Yards and the Hotel Pennsylvania.
The location provides excellent access to Penn Station,
Madison Square Park and subway stations for the C,E,F,V,1,N and R.
Sale price: $40 mil
Lease price: $45 psf
Chelsea    96000  $416 per SF
Canal St
Office building for sale.
Can be delivered vacant.
Lot Size: 65' x 73'
The property has 12' ceilings on floors 2-12 and 15' ceilings on the ground floor. The structure of the building is fireproof, and is sprinklered throughout.
The property has a beautiful fasade with nice architectural details.
This building is a great conversion opportunity because of the size of the floors and the corner exposure.
The property can also be great for a hotel user. All the architectural plans are in place for a hotel.
Zoning: C6-2G (6.0) R8A Equivalent (6.02)
Asking: $50 mil
Lower East Side    60000  $833 per SF
W 32 St
Office building in Herald Square area.
Lot size: 50' X 200'
Zoning: C6-6
Most of the leases are way under murket and will expire within 1-3 years.
Gross income: $4,252,907
Expenses: $1,311,313
NOI: $2,941,594
Asking: $63,000,000
Current Cap rate: 4,67%
Midtown West    157600  $399 per SF
41 E 41 St
A 20' wide, approximately 5,000 SF above grade Mix-Use 5 story building around the corner from Grand Central main entrance. This property is attached to a Lincoln Building (one of the largest office buildings by in NY) with it's entrance next door. The catering business on the ground floor has 3 years left on the lease, Spa tenant on the second floor has lease expiring Sept 2008, and three free market apartments are on month-to-month basis.
Building SF: 5,000
Footprint: 1,053
Building dimensions: 20' x 52'
Lot dimensions: 20.25' x 52'
Year built: 1920
Zoning: C5-3/MID
No available air rights
Gross Income: $308,412 per year
Total expenses: $75,000
NOI: $233,412
Brokers are welcome.
Asking Price: $6,150,000
Midtown East    5000  $1230 per SF
E 37 St
Development site.
Lot: 51' X 99'
As of right buildable: 50,000 SF, Additional air rights included in the deal: 70,000 SF
Total buildable: 120,000 SF
Zoning: C5-2
Asking: $45,000,000
Midtown East    120000  $375
10 W 46 St
Our exclusive: Office condo for sale.
This is the entire floor with a huge terrace in a A-Class office building with most tenants in jewelry business. Beautifully built for a Jewelry company with all security in Place and Walk-In 9' X 7' vault. 9 offices, large open area, printing room, kitchen, large lunch room, two FDA approved marble bathrooms. Windows are floor to ceiling. Great views. 800 SF terrace! Central AC. The building is only 20 years old. Great Lobby. 3 elevators.
Brokers are welcome.
Price: $4,495,000
Midtown west    4000  $1123 per SF
2 Ave
Five Story Prime Corner Property on Second Avenue in Kips Bay-Murray Hill, an area with major rejuvenation.
Eight Apartments - two on each floor - studio, one and two bedroom units. Building can be delivered with 6 apartments and retail ground floor vacant.
Building Size: 8,588 SF
Residential: 6,788
Retail: 1,800 plus full basement
Average Apartment Size: 628 SF
Great opportunity for investor and or Developer.
Allowable FAR: 7.52
Zoning: C1-8A
Can add 5,479 SF to support 14,067 SF.
Cap Rate: 5.00%
Price: $6,050,000
Murray Hill    14067  $479 per SF
4 Ave
Hotel development for sale with plans about to be approved for 54,000 s/f 16 story building.
Asking price: $35 mil
Union Square    54000  $650 per SF
E 39 St
A 25 wide, 6 story, approx. 14,700 sq. ft. elevatored office building for sale that can be delivered vacant.
Completely renovated 7 years ago. The building has a roof deck, ample storage space, back-up energy, basement storage, executive office floors, 500 sf rear terrace, all new mechanicals in the sub-basement, and additional air rights. Each floor has its own kitchen. Zoning C5-3
The property has one triple net lease tenant.
NOI: $600,000
With a F.A.R. of 15 the property has an additional 22,300 Sq Ft of buildable space. Total buildable: 37,000 s/f.
Zoning: C5-3/MID
The building has modern electrical, telecommunications, alarm systems, roof decks, and storage rooms on roof as well.
Ideal location for a consulate, prestigious corporate identity location or an international business, which requires a New York presence with residential living capability. Steps to Grand Central and all major transportation.
Price: $13,500,000
Midtown East    37000  $364 per SF
For more information on any of these buildings please call 917-805-5089
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