Grand Central Office for Sale

United Nations Office Condo | East 44th - Call / 4800 SF.


midtown-manhattan-east-office-condo grand-central-commercial-condo

This premier office condo is located in the heart of the Grand Central area of Midtown Manhattan. Today the unit is raw awaiting your configuration - previouly before demo was done the the Condo contained the following;  a reception area, four private windowed offices, one conference room, and an open work area at the core - making this a full professional office space.

corner-office-unit-condo-space commercial-condo-office-midtown-manhattan

condo-office-space-grand-central-midtown-manhattan condo-office-entrance

Available Sizes:
4,800 SF. (7th Floor Space)

The office tower in which this condo office stands is located on the southeast corner of East 44th Street, just steps from Grand Central Station and with convenient access to the 4, 5, 6, L, subway and Metro North lines.

A variety of medical, and office tenants currently occupy the building.

This would be a great opportunity for any Consultate, Diplomat, or any NGO to secure a Manhattan based property which will appeciate in value in the years to come but will also provide savings on real estate taxes (foreign countries dont have to pay real estate taxes) and also provide protection / hedge against the constant increase in NYC rents because if you own office your base costs are fixed...

Key Features:
- Own for less than the cost of Leasing (Stablized Occupancy Costs)
- Control Your Space; able to dictate all aspects of Design and Function
- Never be Displaced; secured ermanent location
- Close proximity to the UN Headquarters & Grand Central Station
- Ideal space for Medical Professionals, UN related organizations & Businesses
- Newly Renovate Lobby + Common Corridors & Bathroom
- Real Estate Tax Exemption (Certain non-profit and governmental organizations are exempt from paying real estate taxes when they own and occupy an office condominium. Tenants leasing office space are required to pay real estate taxes regardless of their status)
- Neighborhood tenanted by government missions, foreign consulates, and non-governmental organizations (NGOs)

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Space Location (Fifth Avenue West 48th to 51st Street)


Neighoborhood Information
This district is one of the most prestigious commercial real estate markets in New York City with blocks full of class A office space buildings offering space for lease or sublease or executive suites solutions. It is located primarily on 6th Avenue (Avenue of the Americas) and is bordered by Park Avenue to the West, Madison Square to the South and eoncompassed by Midtown. Rockefeller Center, the legendary commercial real estate complex, is located between 48th and 51st streets and Fifth and Sixth avenues.

Well known buildings with office space for rent lease, sublease, or sale and great amenities such as 24-hour doorman and access, dedicated elevators, sophisticated reception and conference areas, IT support, impressive views and large windows.

Businesses who call this Neighborhood Home
JP Morgan Chase & Co
Pwc
Pfizer, Inc.
Davis Polk & Wardwell LLP
Simpson Thacher & Bartlett LLP
Societe Generale
Mount Sinai
Bloomberg LP
Dreyfus Service Corporation
Gibson, Dunn & Crutcher LLP
Winston & Strawn LLP
J. Walter Thompson
Guggenheim Partners LLC
Major League Baseball Properties, Inc
McDermott Will & Emery
A&E Television Networks
Aegis Media Americas, Inc.
Voya Financial, Inc
Moses & Singer, LLP
Gerson Lehrman
WPIX, Inc.
Rodale Press
Warburg Pincus, LLC.

Nearby
The Westin New York Grand Central (212 East 42nd Street)
Fotzpatrick Grand Central (141 East 44th Street)
Hotel Boutique at Grand Central (447 Lexington Avenue)
Club Quarters Hotel, Grand Central (128 East 45th Street)

Noteable Buildings in the Area
501 Fifth Avenue
551 Fifth Avenue
274 Madison Avenue
315 Madison Avenue
666 Third Avenue
220 East 42nd Street
420 Lexington Avenue
275 Madison Avenue
286 Madison Avenue
711 Third Avenue

Transit
S 4 5 6 7 at Grand Central 0.2 miles
B D F M 7 at 5th Avenue 0.3 miles
6 at 33rd Street 0.3 miles
B D F M N Q R at 34th St-Herald Square 0.5 miles
PATH at 33rd Street Station 0.5 miles

To the Airport
JFK Airport: 60 minutes by cab with no traffic
Laguardia Airport: 45 minutes by cab with no traffic
Times Square: 5 minutes by subway
Wall Street / Financial District: 1 minutes by subway

 

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