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.