$85,000,000 USD
443-695-0345
554-568 Eighth Ave
New York, NY 10018
Garment District
HIGHLIGHTS
- 100% Vacant, 21-Story, Corner Office Building
- Ideal for Class B Office / End Users in Center of Midtown South Mixed-Use Plan (“MSMX”) Rezoning
- Substantial Scale: 310K Rentable SF (281K Office RSF / 28.5K Retail RSF) - 232’ of Wraparound Corner Frontage with Multiple Setbacks / Terraces
- Excellent Base Building Condition with Substantial Recent CapEx Invested (~$15M)
- New Retail Boxes with Plans for 5 Units Across Ground Floor, 2nd Floor & Lower Level
- Unrivaled Transit-Oriented Location (Port Authority / Penn Station / Entrance to 12 Subway Lines Within a 3-Min Walk)
FOR SALE DETAILS
PRICE
$85,000,000 USD
PRICE/SF
$258 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment Or Owner User
BUILDING DETAILS
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
-
STORIES
21
BUILDING CLASS
B
YEAR BUILT
1924
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.36 AC
LAND SF
15,682 SF
ZONING
M1-6
APN/PARCEL ID
0787-0084
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443-695-0345
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443-695-0345
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