This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
420 Fifth Ave
11,850 SF Office Condo Unit Offered at $9,640,000 in New York, NY 10018
Property Facts
| Price | $9,640,000 | Building Class | A |
| Unit Size | 11,850 SF | Floors | 30 |
| No. Units | 1 | Typical Floor Size | 14,956 SF |
| Total Building Size | 583,801 SF | Year Built | 1991 |
| Property Type | Office (Condo) | Lot Size | 1.18 AC |
| Sale Type | Investment |
| Price | $9,640,000 |
| Unit Size | 11,850 SF |
| No. Units | 1 |
| Total Building Size | 583,801 SF |
| Property Type | Office (Condo) |
| Sale Type | Investment |
| Building Class | A |
| Floors | 30 |
| Typical Floor Size | 14,956 SF |
| Year Built | 1991 |
| Lot Size | 1.18 AC |
1 Unit Available
Unit 27
| Unit Size | 11,850 SF | Condo Use | Office |
| Price | $9,640,000 | Sale Type | Investment |
| Price Per SF | $813.50 |
| Unit Size | 11,850 SF |
| Price | $9,640,000 |
| Price Per SF | $813.50 |
| Condo Use | Office |
| Sale Type | Investment |
Sale Notes
JLL has been retained on an exclusive basis to arrange for the sale of Unit #27 located at 420 Fifth Avenue, a 30-story commercial office condominium building situated on the west side of Fifth Avenue between West 37th and 38th Streets. Unit #27 occupies the entire 27th Floor and measures approximately 11,850 rentable square feet. The building features oversized windows and 360 degree views of the Midtown skyline, providing the space with excellent light and air.
Currently, the unit is leased to “Fantaseyes”, a privately held accessories company which designs and manufactures various accessories for well-known retailers worldwide. Their current 11-year lease is set to expire in June of 2030 and there is an additional 5-year extension option. The refined space has been fully built out and renovated featuring common space, showrooms/conference rooms, private offices, a reception area and kitchen.
This represents an incredible opportunity for a prospective buyer to acquire a fully built out, full-floor office condo in one of the premier mixed-use office buildings along Fifth Avenue in Midtown. Future ownership will benefit immensely from having a strong, cash-flowing tenant in the near term with the flexibility long term to deliver the space vacant for a potential owner-user purchase.
Amenities
- Concierge
- Fitness Center
- Air Conditioning
zoning
| Zoning Code | C5-3 (Central commercial district with continuous retail frontage intended for offices and retail establishments that serve the entire metropolitan region) |
| C5-3 (Central commercial district with continuous retail frontage intended for offices and retail establishments that serve the entire metropolitan region) |
Presented by
420 Fifth Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.