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20-28 W 33rd St - Unit 2002 (Fencers Club) 13,998 SF Office Condo Unit in New York, NY 10001
Investment Highlights
- Exclusive Sale-Leaseback Opportunity
- Diverse Clientele
- Long-Term Lease Security
- Exceptional Tenant Quality
- Professional-Grade Facilities
- Transportation Hub Access
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Sale Conditions | Sale Leaseback |
| 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
BID DEADLINE ANNOUNCEMENT: MONDAY, ARPIL 13TH
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.
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.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 2002 | 13,998 SF | Office | Upon Request | - |
Unit 2002
| Unit Size |
| 13,998 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 2002
| Unit Size | 13,998 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| 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.</li></ul> | |
| Sale Notes | |
| BID DEADLINE ANNOUNCEMENT: MONDAY, ARPIL 13TH<br> <br> 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.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| 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 1
Very walkable
80/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Major Tenant Information
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Vanderbilt Home Collections |
-
|
February 2033
|
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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20-28 W 33rd St - Unit 2002 (Fencers Club)
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