414 E 75th St
New York, NY 10021
Office Property For Sale

Avison Young, engaged as the exclusive agent for Ownership, is pleased to offer for sale 414 East 75th Street in Manhattan’s Upper East Side neighborhood. The uniquely configured 24,510± gross square-foot building is comprised of an original 12,750± gross square-foot building across five stories, with a rear annex spanning 11,760± gross square feet across two stories and basement. The ground floor of the main building and annex currently function as a garage, with a dedicated curb cut and overheight ceilings (+/- 14’). The lower level also across the main building and annex consists of storage space and a wine cellar. The remaining floors two through five are currently office space. The second floor includes both the main building and annex, while floors three through five are in the main building only. The Property has short term leases and can be delivered vacant. Situated in a R8 zone, the site has an additional 11,162± square feet of air rights providing additional upside for prospective developers. 414 East 75th Street provides potential buyers with the rare opportunity to own a one-of-a-kind office property in the highly desirable and rapidly changing Upper East Side, which is starved for adequate office product due to ample specialty use tenants searching for a home amongst the many medical, educational and diplomatic organizations that reside in the Upper East Side. The Upper East Side is one of New York City’s most sought-after neighborhoods and has a high density of specialized offices. Northwell Health, New York Presbyterian/Weill Cornell Hospital, Memorial Sloan Kettering Cancer Center, Hospital for Special Surgery and Rockefeller University are blocks from 414 East 75th Street, as well as diplomatic embassies because the United Nations is in close proximity along the FDR.