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INVESTMENT HIGHLIGHTS
- Exclusive Sale-Leaseback Opportunity
- Diverse Clientele
- Long-Term Lease Security
- Exceptional Tenant Quality
- Professional-Grade Facilities
- Transportation Hub Access
PROPERTY FACTS
| Total Building Size | 176,746 SF | Typical Floor Size | 14,000 SF |
| Property Type | Office (Condo) | Year Built | 1912 |
| Building Class | C | Lot Size | 0.34 AC |
| Floors | 13 | ||
| Zoning | C6-4 - C6 districts permit a wide range of high-bulk commercial uses requiring a central ¬location | ||
| Total Building Size | 176,746 SF |
| Property Type | Office (Condo) |
| Building Class | C |
| Floors | 13 |
| Typical Floor Size | 14,000 SF |
| Year Built | 1912 |
| Lot Size | 0.34 AC |
| Zoning | C6-4 - C6 districts permit a wide range of high-bulk commercial uses requiring a central ¬location |
AMENITIES
- Property Manager on Site
1 UNIT AVAILABLE
Unit 2002
| Unit Size | 13,998 SF | Sale Type | Investment |
| Condo Use | Office | Sale Conditions | Sale Leaseback |
| Unit Size | 13,998 SF |
| Condo Use | Office |
| Sale Type | Investment |
| Sale Conditions | Sale Leaseback |
DESCRIPTION
Currently the unit is owned and occupied by The Fencers Club, the oldest fencing institution in the Western Hemisphere, operating continuously since 1883. This 140-year operational history demonstrates remarkable stability, while the club’s membership of business executives, cultural figures, and competitive athletes create a diverse, high-net-worth profile that underpins financial dependability. Additionally, the condo unit’s specialized nature works in investors’ favor. The organization’s distinctive facility requirements and substantial capital investment in professional-grade pistes (the playing area where fencers compete), scoring equipment, and armory create significant barriers to relocation, enhancing lease security. Moreover, The Fencers Club maintains an interest in preserving its New York City presence which cultivates a secure tenant relationship.
SALE NOTES
Jones Lang Lasalle (“JLL”) and OPEN Impact Real Estate have been retained on an exclusive basis to arrange the sale-leaseback opportunity of Unit #2002 at 20 West 33rd Street, a 13-story, mixed-use condominium building in the heart of the Penn District in Midtown Manhattan. This 13,998 square foot condominium unit delivers immediate cash flow through a long-term lease while providing stable returns and operational certainty.
MAJOR TENANT INFORMATION
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| Vanderbilt Home Collections |
-
|
February 2033
|
Presented by
20-28 W 33rd St - Unit 2002 (Fencers Club)
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