Monday April 29, 2024

Midtown East Condo Office for Sale

Grand Central, Midtown East

LISTING DETAILS FOR Midtown East Condo Office for Sale

Unit Size 3220 SQ. FT
Type Sale
Price CALL FOR PRICING

DESCRIPTION

633 Third Avenue offers a prime opportunity for businesses seeking a partial 13th-floor Midtown East Condo Office for Sale in Tudor City, New York. The commercial condo unit is well-suited for approximately 21 people, featuring a pre-existing condition office build-out.

This handsome corner-positioned commercial condo unit boasts windows on two sides, enhancing its well-lit ambiance. The well-thought-out layout features (3) private windowed offices, each with glass-fronted full-length aluminum-framed partitions, and a spacious conference room for four, enjoying ample natural light through glass partitioning. Adjacent to the entry is an open area, customizable for 12 to 16 workstations, complemented by a dedicated staff reception with a spacious guest seating area. The condo is rounded off by a staff kitchen, completing the space. The finished + tiled ceilings, coupled with the building’s signature 3/4 length tinted glass windows, establish a sophisticated aesthetic. Clean modern lines in subdued tones contribute to creating a top-class A office environment.

Enjoy views of the Empire State Building and Third Avenue from this newly built, furnished corner unit.

Amenities include 24/7 access, furnished spaces, lobby attendant, six passenger elevators, and an on-site property manager. The location benefits from a variety of nearby transportation options, including Grand Central – 42 St trains. The building, renovated in 1996, stands out with its two-story lobby, real estate tax exemption for qualified users, and proximity to Grand Central Terminal, the United Nations, and prestigious hospitals.

Investment highlights encompass a vacant delivery for immediate possession, a highly efficient floor plan, high-security features, spectacular views through full-height windows on four sides, and strategic proximity to key landmarks like Grand Central Terminal and the United Nations. Don’t miss this Midtown East Condo Office for Sale opportunity to be positioned within a Class A Manhattan building today.

Space Features:

  • Corner-positioned commercial condo
  • Windows on two sides for ample natural light
  • Three private glass-fronted offices
  • Spacious conference room seating four
  • Open area configurable for 12-16 workstations
  • Dedicated staff reception with seating area
  • Staff kitchen included
  • Finished + tiled ceilings
  • Building’s signature 3/4 length tinted glass windows
  • Modern minimalist design in subdued tones
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Past and Present Companies found Here

  • Sage & Zest (New Lease 2023)
  • JPMorgan Chase (Lease 2023 – Restructure)
  • Dr. Mara Goldstein (2022 – New Lease)
  • 81 Investments (2020 -New Lease)
  • UNICEF (2018 – New Lease)
  • I Love NY Gifts (2018 -Lease)
  • Memorial Sloan-Kettering Cancer Center (Leasing 4th Floor)
  • The New York State Governor’s Office

Purchasing a commercial condo space at 633 Third Avenue in Manhattan offers several distinct advantages for companies seeking a strategic location. The building has a rich history of accommodating prestigious tenants, making it a sought-after address for businesses. Some of the notable benefits and advantages of owning a condo space in this iconic building include:

  1. Proximity to United Nations: Situated just across the street from the United Nations, 633 Third Avenue offers unparalleled access to one of the most significant international organizations. This location is highly desirable for businesses that require close ties to diplomatic and international affairs.

  2. Prime Grand Central Submarket: The building is located in the Grand Central Submarket, an area renowned for its strategic importance. This central location places your business within easy reach of Grand Central Terminal, providing excellent connectivity within Manhattan and beyond.

  3. Financial Incentives: In the past, the Dinkins administration offered lucrative financial incentives to organizations like UNICEF, demonstrating the city’s commitment to retaining major corporations and non-profit entities. These incentives can significantly benefit companies seeking a long-term presence in Manhattan.

  4. Ownership Opportunity: Owning a condo space at 633 Third Avenue means securing a lasting foothold in Manhattan. Rather than being a tenant, your company becomes a property owner, offering stability and long-term cost advantages.

  5. Significant Cost Savings: Non-profit organizations, in particular, can benefit from owning their office space as it often leads to substantial savings on real estate taxes. Owning property can save between $6 to $8 per square foot annually, reducing occupancy costs.

  6. Large, Flexible Office Space: The building offers large, flexible floor plates suitable for various office layouts. Whether you need a full floor, partial floor, or multiple combined spaces, 633 Third Avenue can accommodate your specific requirements.

  7. Highly Efficient Layouts: The office spaces at 633 Third Avenue boast highly efficient center-core layouts, maximizing the usable area. This efficiency allows for optimal space utilization and flexibility in office design.

  8. Modern Amenities: The property features modern amenities, including newly renovated common corridors and bathrooms. These updates enhance the overall working environment and create a positive impression for both employees and clients.

  9. Prime Manhattan Plaza District: The building’s location within the Manhattan Plaza District places it among the most prestigious neighborhoods, attracting top hedge funds, banks, insurers, and other prominent organizations.

  10. Diverse Tenant Roster: 633 Third Avenue is home to a diverse tenant roster, including renowned organizations like Memorial Sloan-Kettering Cancer Center, the New York State Governor’s Office, UNICEF, and The World Zionist Organization. Sharing an address with these esteemed entities adds prestige to your company’s image.

Overall, 633 Third Avenue offers a unique opportunity for companies to secure a prime location in the heart of Manhattan, benefit from financial incentives, and enjoy the advantages of property ownership in a highly desirable commercial district. The combination of strategic location, cost savings, and modern amenities makes this building an ideal choice for businesses looking to thrive in New York City.

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