Loft Creative Space For Sale
11,600 Sq Ft
Presenting For Sale a Prime NYC Midtown location Office Building (near “Times Square”) ideal for an investor or user.
Address: 43 West 46th Street, NYC, NY., 10036 (Btw: 5th and 6th Ave)
Property video: https://youtu.be/DqhF67VW4J0
Property Description: 6 Story elevator office building with a restaurant. Steps from Times Square/New Year’s Ball drop, Rockefeller Center, Radio City Hall, Theater district & 1 block from the Jewelry district.
Building features an established 3,500 SF restaurant (occupying 1st Fl, 2nd Fl, plus basement) with 5 yrs lease remaining. Building was used previously by a jewelry company, which secured the building with steel construction throughout. Floors 3-4-5 & 6 are 1,400 SF on each floor. Most upper floors can be delivered vacant for user.
Currently, we are keeping some floors vacant for user. The rents are projected at a conservative $47.50 per SF. Rents in the area are higher.
Building has a new 15 passenger elevator (cost over $200K) installed in June 2019. Building has tremendous value in the future to convert to a mini hotel, multi-unit residential, multi-level 1 fam w/parking, medical center, jewelry building, various offices, etc.
Please note: Air Right are not available. Otherwise, the price would be much higher.
Price: $10.9 Million
All Appointments thru Victor Weinberger
* Victor Weinberger of Re/Max Team, Inc
* 917-806-7040 (cell)
* 917-831-4774 (eFax)
* 718-429-4400 (office)
* Web: http://www.VictorWeinberger. com
* 120,000+ agents / 6,500+ offices / 100+ countries
* Company management in business since 1969 in the same location