425 5th Avenue, New York, NY, 10016

425 5th Avenue New York, NY 10016

425 5th Avenue, New York, NY, 10016
425 5th Avenue, New York, NY, 10016 425 5th Avenue, New York, NY, 10016 425 5th Avenue, New York, NY, 10016 425 5th Avenue, New York, NY, 10016 425 5th Avenue, New York, NY, 10016 425 5th Avenue, New York, NY, 10016 425 5th Avenue, New York, NY, 10016 425 5th Avenue, New York, NY, 10016 425 5th Avenue, New York, NY, 10016 425 5th Avenue, New York, NY, 10016 425 5th Avenue, New York, NY, 10016 425 5th Avenue, New York, NY, 10016
FOR SALE
Property Type:
Free Standing Building
Amount:
$15,500,000
Last Verified:
Mar 19, 2024

Highlights

  • 18,561± gross square feet
  • 16’ ceiling heights on ground floor
  • Across the street from Amazon’s NYC Headquarters which opened September 2023 located in the famed Lord & Taylor building
  • 277 feet of frontage comprised of 77’ on Fifth Avenue and 150’ on East 38th Street
  • Nearby 34th Street/Herald Square and 42nd Street/Bryant Park Station’s servicing the B, D, F, M, N, Q, R & W trains
  • Flexible layout allowing for a single occupant or divisions

Description

Avison Young, as exclusive agent, is pleased to offer for sale the vacant corner retail condominium (“the Unit”) located at the base of 425 Fifth Avenue, a 67-story luxury residential and office condominium building on the northeast corner of 38th Street and 5th Avenue. The Unit is comprised of 2,660± square feet at-grade, 6,887± square foot on the second floor, and 9,014± square feet at the lower level, for a total of 18,561± gross square feet. There is approximately 68 feet of frontage along Fifth Avenue and 37 feet on East 38th Street.

Manhattan

Building Size: 18561sq ft
Lot Size: 0 acres


Documents

425_RFR_2nd Flr View 2.jpg
425_RFR_1st Flr View.jpg
425Fifth_cam04-amazon.jpg
425Fifth_cam01-amazon.jpg

Map of 425 5th Avenue, New York, NY, 10016

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.