142 EAST 39th STREET NEW YORK, NY 10016 - Massey Knakal

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142 EAST 39th STREET NEW YORK, NY 10016 Retail - Commercial - Residential User Building FOR SALE

or NNN LEASE

BUILDING FEATURES

Asking Price: $11,900,000 (Reduced)

Location: Block / Lot: Lot Dimensions: Building Dimensions: Stories: Gross Square Footage: Lot Size: Zoning / Far: Total Buildable Sq. Ft. Minus Existing Structure: Available Air Rights: * Assessment (15/16) * Taxes (15/16)

Located on the south side of East 39th Street between Lexington and Third Avenues. 894 / 57 25’ x 98.75’ 25’ x 98.75’, 83’, 83’ 3 plus cellar 6,619 (Approx.) 2,469 SF (Approx.) R8B / 4.00 9,876 SF (Approx.) 6,619 SF (Approx.) 3,257 SF (Approx.) $755,550 $77,995

PROPERTY DESCRIPTION

EAST 39th STREET 57

THIRD AVENUE

894 / 57

LEXINGTON AVENUE

TAX MAP

EAST 38th STREET

A stunning 25’ wide, 3-story, approximately 6,619 square foot walk-up building located on the south side of East 39th Street between Lexington and Third Avenues. The property underwent a tasteful, complete renovation in 2002 and has been used as an art gallery/public assembly space on the ground floor which benefits from 15’ ceiling heights and two bathrooms. The second floor is separated into partitioned office space paired with an executive office, as well as a full kitchen and full bathroom, all containing unique high ceilings. The third floor has a large live/work space with conference rooms, an individual executive office and a full bathroom and could be entirely residential. There are large vaulted ceilings throughout adding to its unique allure. The property has an independent security system with camera surveillance. There are 1,200 amps on a 3 phase loop providing a tremendous amount of power, telecommunication services installed in the cellar as well as complete fiber optic installation throughout. There is a backup natural gas generator installed on the roof. The property’s Certificate of Occupancy allows for ‘Use Group 6’ uses (most retail stores and personal service establishments) for the first and second floors which offers great opportunity for many different retail/ commercial uses. Adding to the already high potential, the property is also ideal for a single family, commercial user, non-profit, government consulate or art collector.

FOR MORE INFORMATION, PLEASE CONTACT:

John F. Ciraulo

Vice Chairman Capital Markets (212) 660 7700 [email protected]

Michael Azarian

Director Retail Services (212) 841 7831 [email protected]

Douglas A. Blankrot

Associate Capital Markets (212) 589 5157 [email protected]

Cushman & Wakefield

275 Madison Avenue, 3rd Floor New York, NY 10016 nyinvestmentsales.com

Cushman & Wakefield Copyright 2015.  No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

142 EAST 39th STREET NEW YORK, NY 10016 Mixed Use Building FOR SALE

or NNN LEASE

Asking Price: $11,900,000 (Reduced)

FLOOR PLANS FIRST FLOOR

GROUND FLOOR

SECOND FLOOR

THIRD FLOOR

FOR MORE INFORMATION, PLEASE CONTACT:

John F. Ciraulo

Vice Chairman Capital Markets (212) 660 7700 [email protected]

Michael Azarian

Director Retail Services (212) 841 7831 [email protected]

Douglas A. Blankrot

Associate Capital Markets (212) 589 5157 [email protected]

Cushman & Wakefield

275 Madison Avenue, 3rd Floor New York, NY 10016 nyinvestmentsales.com

Cushman & Wakefield Copyright 2015.  No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.