917-756-8615
815 Second Ave, New York, NY for Sale
Office - FOR SALE
1/10
null | Request Cap Rate

Jan '27


815 Second Ave
New York, NY 10017
Midtown East


HIGHLIGHTS

  • Premier Midtown East Location
  • Institutional-Quality Asset
  • Large Block of Space Available In Supply Constrained Market
  • Owner-User Opportunity In Well Maintained Building
  • Significant Value-Add Potential
  • Office-to-Residential Conversion Potential

OVERVIEW

Denham Wolf Real Estate Services, as exclusive agent, is pleased to present the opportunity to acquire 815 Second Avenue (“the Property”), a 146,881 RSF commercial office building prominently positioned on the corner of East 43rd Street, serving as the current global headquarters of the Episcopal Church. The Property offers a compelling opportunity for investors seeking a value-add office repositioning, redevelopment or office-to-residential conversion potential, at a price significantly below replacement cost. Strategically located in the heart of Midtown East, the building sits a short distance from Grand Central Terminal and the United Nations Headquarters, providing exceptional access to one of New York City’s most important transportation hubs. This location attracts a diverse tenant base including traditional office users, diplomatic missions, foundations, international schools, and non-profit organizations. Ownership will consider proposals for a ground lease or an outright sale.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

11

BUILDING CLASS

B

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

C1-9

APN/PARCEL ID

1317-0021

ASK ABOUT THIS PROPERTY

Kate HrobskyDenham Wolf Real Estate Services, Inc.More Info
917-756-8615

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Kate HrobskyDenham Wolf Real Estate Services, Inc.More Info
917-756-8615

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.