60 East 55TH STREET

60 EAST 55TH STREET NEW YORK, NEW YORK 10022

  • 37,847 Square Feet
  • Retail
  • For Sale

Summary Description

Commercial Condominiums at Park Avenue Place located at 60 East 55th Street. Park Avenue Place soars 45 stories in the center of the Plaza District, comprising 80 residential and commercial units. This offering comprises the commercial units at the base of the tower spanning the basement through the 6th floor and measuring approximately 38,000 RSF. The commercial units are 100% leased long-term and presents a core investment opportunity offering immediate returns at a fraction of replacement cost.

 

 

Property Status: Available

Area Available: 37,847 Square Feet

SF

37,847

Investment Sales

Features:

  • Commercial Condominiums at Park Avenue Place located at 60 East 55th Street.
  • Park Avenue Place comprises 80 residential and commercial units, 45-stories tall.
  • This offering comprises the commercial units at the base of the tower spanning the basement through the 6th floor, measuring over 38,000 rentable square feet.
  • 100% leased to the following quality tenants, both subject to long-term leases:
  • The Core Club, a private club with approximately 1,500 members, occupies 33,639 rentable square feet. Amenities include an 8,100-square-foot restaurant with an outdoor terrace, 60-seat screening room, gym, spa, library, conference rooms and meetin
  • Sweetgreen, an innovative, fast-casual restaurant occupies 4,589 square feet on the ground floor and lower level. With 72 locations, Sweetgreen is sweeping the nation and has quickly become an industry frontrunner.
  • Located in the center of the Plaza District the property is surrounded by New York’s most famous office and residential towers, five-star hotels and world-class, luxury goods purveyors.
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