0 Manhattan AveNew York, NY 10022

For Sale
$350,000,000

Class A Office, 100% Occupancy, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional Class A office building in Manhattan, New York (zip code 10022), presents a compelling investment opportunity. Currently 100% occupied by Charles Schwab, the building boasts a prestigious tenant and ensures a stable income stream until the lease expiration date of October 22, 2024. The property's prime location offers unparalleled convenience, with easy access to a wide array of retail stores and diverse transportation options, including multiple subway stations, bus routes, and taxi services. This translates to a highly desirable location for both tenants and employees, maximizing the building's value and appeal. The asking price is $350,000,000, negotiable. Owner financing is available, offering a 15-year term at a 3% interest rate with a substantial down payment. This unique opportunity is ideal for institutional investors seeking a high-return, low-risk investment in a thriving New York City market. The building is for sale by owner and represents a rare chance to acquire a fully leased, high-quality asset in a coveted location. The seller is motivated and seeking a prompt sale. This is a truly exceptional opportunity to acquire a significant piece of Manhattan real estate.

Highlights

  • Prime Manhattan office building, fully occupied by Charles Schwab, available for sale.
  • $350,000,000 asking price; owner financing available over 15 years at 3% interest.
  • Class A building with 100% occupancy; occupancy date 10/22/2024.
  • Located in Manhattan, New York, NY 10022.
  • For sale by owner; investment type: Institutional.

Property Details for 0 Manhattan Ave

Property type
Other office properties, Office properties
Class
A

Location Insight

City
New York
County
New York
State
New York
Latitude
40.7593941
Longitude
-73.9697795
Manhattan Ave, New York, New York

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0 Manhattan Ave
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