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Office Condo For Sale • 11,850 SF
| Name | Condo Use | Size | Price | Details |
|---|---|---|---|---|
| 27th Floor - Unit 27 | Office | 11,850 SF | $7,750,000 USD | |
Sale NotesJLL 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 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 that designs and manufactures various accessories for well-known retailers worldwide. The company's current 11-year lease is set to expire in June 2030, with an additional five-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 a 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. |
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| Unit #27 provides the chance to acquire the full 27th floor of a striking, Class A Midtown South office tower. |
| Spacious unit features oversized windows and 360 degree views of the Midtown skyline, providing excellent natural light and air. |
| Current tenant lease runs through 2030, with an additional 5-year option, allowing buyers to secure a stable investment with future upside. |
| This refined condo is fully built-out and renovated, with upgrades to common spaces, showrooms/conference rooms, private offices, and the kitchen. |
| New owner will have the additional potential long-term to deliver the space vacant for a potential owner/user purchase. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 33 St (Path) (Hoboken-33rd Street - Port Authority Trans-Hudson (PATH), Journal Square-33rd Street - Port Authority Trans-Hudson (PATH)) | 2 min | 8 min | 0.4 mi |
| Grand Central Terminal (Harlem Line - Metro-North Commuter Railroad Company (Metro-North), Hudson Line - Metro-North Commuter Railroad Company (Metro-North), New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) | 3 min | 8 min | 0.5 mi |
| Transit/Subway | Drive | Walk | Distance |
| 5 Avenue-Bryant Park (7 - New York MTA Subway (The Subway)) | 2 min | 4 min | 0.2 mi |
| Grand Central-42 St (42 St Shuttle - MTA New York City Transit) | 1 min | 6 min | 0.3 mi |
| 34 St-Herald Sq (Broadway Express - Q - MTA New York City Transit, Broadway Local - N - MTA New York City Transit, Broadway Local - R - MTA New York City Transit, Broadway Local - W - MTA New York City Transit) | 2 min | 7 min | 0.4 mi |
| 42 Street-Bryant Park (B - New York MTA Subway (The Subway), D - New York MTA Subway (The Subway), F - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway)) | 1 min | 7 min | 0.4 mi |
| 33 Street (4,6 Line) (4 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway)) | 1 min | 8 min | 0.4 mi |
| Airport | Drive | Walk | Distance |
| LaGuardia | 17 min | - | 8.6 mi |
| Newark Liberty International | 20 min | - | 14.4 mi |
| John F Kennedy International | 25 min | - | 16.7 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Covered |
| Included in Rent: | Yes |
Jonathan Hageman
JLL
Jonathan Hageman
JLL
