East 25th Street Office Space for Sale

LISTING DETAILS FOR East 25th Street Office Space for Sale

DESCRIPTION

For sale: a stunning commercial loft coop in Flatiron spanning 4,772 RSF. This flexible space offers endless possibilities to create your own customized work or live-work environment. The full floor will be delivered vacant and features multiple private offices, conference rooms, individual workstations, a large common space, two bathrooms, and kitchen facilities. The space boasts 12′ high exposed beamed ceilings, polished hardwood floors, and oversized windows providing breathtaking North, South, and East open views with ample sunlight throughout the day.

This rare commercial use coop offers an opportunity to secure a large and minimally obstructed space in the heart of Manhattan. The C of O allows for commercial use, but converting the loft to residential use is an as-of-right option, with approximately half of the floors in the building already converted. The building is well-established and has a newly renovated lobby, a full-time superintendent, and a cooperative community of creative and professional shareholders.

With low maintenance and taxes of $4,279 per month, this is an exceptional purchase and investment opportunity that allows for a live-work loft. Perfect for creative businesses such as architecture, advertising, arts, film, publishing, R&D, and software development, among others.

Conveniently located between Park Avenue South and Lexington, just steps away from Flatiron, Madison Square Park, Eataly, Union Square, and the N, R, 4, 5 & 6 subway lines. The building, constructed in 1912, has 12 floors and a total of 13 units, and stands as a high-end cooperative Loft Building.

The loft’s proportions are extraordinary, and it could easily be transformed into a spacious 3-4 bedroom home. Financing is allowed up to 75% of the purchase price, and there is a flip tax. Don’t miss out on this unique opportunity to own a remarkable commercial space in one of Manhattan’s most desirable locations.

Space Features

• Flatiron commercial loft coop for sale
• 4,772 RSF full floor delivered vacant
• Several private offices, conference rooms, individual work stations, large common space, 2 bathrooms, and kitchen facilities
• Polished hardwood floors, 12’ high exposed beamed ceilings, and a freight elevator
• Oversized windows offer North, South, and East open views for good sunlit exposure throughout the day
• Ability to convert to residential use as-of-right
• Rare opportunity to capture a large, minimally obstructed space in the heart of Manhattan
• Well-run cooperative of creative and professional shareholders
• Low maintenance & taxes of $4,279 per month
• Allows for live-work loft and suitable for creative users such as architectural, advertising, arts, film, publishing, R&D, software development, etc.
• Located between Park Avenue South and Lexington near Flatiron, Madison Square Park, Eataly, Union Square and the N, R, 4, 5 & 6 subway lines
• Built in 1912 with 12 floors and 13 units, a very-well-established high-end coop Loft Building
• Proportions of the loft can easily become a spacious 3-4 bedroom home
• Financing allowed up to 75% of the purchase price with a flip tax.