Broadway Duplex Office Space for Sale

LISTING DETAILS FOR Broadway Duplex Office Space for Sale

DESCRIPTION

This spacious and stunning unit encompasses the full fifth floor and penthouse on the sixth floor of a historic commercial condominium building that was originally built in 1884 and occupied by Brooks Brothers until 1915. The building was later converted into a manufacturing loft with an Art Deco facade and underwent renovations in 1986 to become the office condominiums it is today.

As you step inside the unit, you’ll be greeted by a breathtaking architectural design that is both modern and sophisticated. The ceiling heights range from 10 to 26 feet, with skylights throughout the space offering excellent natural light and stunning views of the city. The private roof deck is the perfect spot to take in the panoramic views of Manhattan while entertaining clients or enjoying a break from work.

This unit also features two executive penthouse office suites with private baths, ideal for executives or for use as conference rooms. The attended lobby and private elevator inside the suite add an additional layer of security and exclusivity to the space, perfect for businesses that value privacy and discretion.

Transportation options are plentiful, with numerous subway lines and the PATH train all within walking distance. The MTA N, R, W subway is located just under 500 feet away at 23rd Street, while the MTA 6 subway at 23rd Street is just 0.12 miles away. Additionally, the MTA and M subway at 23rd Street are within 0.24 miles, and the PATH train at 23rd Street Station is just 0.27 miles away. The MTA hub for the L, N, Q, R, 4, 5, 6, and W subways at 14th Street-Union Square is also just 0.27 miles away, providing convenient access to the rest of Manhattan and beyond.

The building itself offers one passenger elevator, one freight elevator with an entrance on 22nd Street, and one private internal elevator. Heating and cooling are provided via perimeter baseboard hot water radiation and two 10-ton package A/C units on the fifth floor and one 7.5-ton unit servicing the penthouse. Common charges are $14,150.52 per month, and the current tenant pays $90,512.66 per month with a lease expiration of June 30, 2023.

This high-profile Flatiron District corner offers strong retail co-tenancy and is directly across the street from the iconic Flatiron Building, providing businesses with unparalleled visibility and exposure. Additionally, the unit is just steps away from Madison Square Park and Union Square, offering employees and visitors a wide variety of restaurants, cafes, and shopping options.

In short, this stunning commercial condominium offers businesses a rare opportunity to lease a spacious, modern, and exclusive space in one of Manhattan’s most desirable office markets.

Space Features

• Rare opportunity to purchase a 14,939 square foot duplex office condo in the Flatiron District of Manhattan
• Fifth floor and penthouse on the sixth floor are being sold together, offering breathtaking architectural design and ceiling heights ranging from 10 to 26 feet
• Private roof deck and skylights throughout provide excellent natural light
• Two executive penthouse office suites with private baths and private elevator inside the suite
• Steps away from Madison Square Park and Union Square, offering easy access to the vibrant Flatiron District and its many amenities
• Multiple transportation options nearby, including several subway lines and the PATH train
• Attended lobby and building elevators, including one passenger, one freight, and one private internal elevator
• Strong retail co-tenancy in a high-profile Flatiron District corner, with the famous Flatiron Building located across the street
• Common charges of $14,150.52/month ($169,806.12/year) and 2020/2021 real estate taxes of $14,615.67/month ($175,388.08/year)
• Building was originally built in 1884 and renovated in 1986, with features including video security, landscaped courtyard, some offices with kitchens and bathrooms with showers, and individually controlled HVAC