5 East 47th Street, New York, NY
5 East 47th Street, New York, NY
Madison & 5th Avenues
Midtown
Midtown
Meridian Investment Sales is pleased to exclusively present the offering for 5 East 47th Street, a seven-story plus cellar mixed-use office and retail elevator building located in the heart of Midtown Manhattan.
Type | Mixed-Use |
---|---|
Neighborhood | Midtown |
Properties | One Property |
Lot Size | 2,510 Square Feet |
Size | 14,025 Gross Square Feet 18,500 Rentable Square Feet |
Stories | 7 Stories |
Air Rights | 16,095 |
Investment Highlights:
- Flagship Headquarters Destination: The building will be delivered 100% vacant making it ideal for a corporate headquarters directly off of 5th Avenue.
- Excellent Condition: The building features a new elevator and excellent column free office space with floor plates of 2,500 RSF.
- Flexible Zoning: Located in the C5-2.5 zoning district, the blank canvas allows for continued-use as a boutique office building or conversion to residential utilizing the valuable 16,095 SF of air rights.
- Unparalleled Location: Located in the center of world commerce, entertainment, and shopping, Midtown Manhattan is home to a multitude of Fortune 500 companies’ headquarters.
- The neighborhood is home to Grand Central Station and Penn Station, two of the city’s largest transportation hubs for commuters and NYC residents alike.