450 E 83rd St
New York, NY 10028
The Cielo · Multifamily Property For Sale · 122 Units

Cushman and Wakefield have been retained on an exclusive basis to arrange the sale of the parking garage condominium at The Cielo, located on the southwest corner of York Avenue and East 83rd Street. The Cielo is a 27 story, full-service luxury condominium building with 126 units constructed by J.D. Carlisle Development group in 2006. Each unit features top of the line finishes and benefits from standard amenities including a 24-hour doorman and concierge, fitness center, children’s playroom and full-service park garage. The parking garage entrance is located on the south side of East 83rd street. The ground level is configured as an attendant’s office and staging space for two cars. The 44 legal parking spaces are split between the Cellar and Sub Cellar which are accessed via the vehicle elevator. There are stacking car lifts throughout the garage made possible by the enormous ceiling heights throughout. This totals approximately 13,924 SF across the ground floor and two below grade floors. Parking space in Manhattan continues to come at a premium and is in particularly high demand in the area surrounding The Cielo. In addition to a wide variety of shops, hotels, and parks, The Cielo is within walking distance of a myriad of major hospitals and schools that attract huge numbers of visitors daily. Notable nearby institutions include the Hospital for Special Surgery, New York-Presbyterian/Weill Cornell Medical Center, Memorial Sloan-Kettering Cancer Center, The Rockefeller University and its hospital, and the esteemed auction house Sotheby’s. Additionally, The Cielo is easily accessible from all corners of the city due to its location just two blocks west of the FDR Drive, which sees approximately 150,000 cars daily, and the new Second Avenue Subway station on East 86thStreet. The Cielo garage presents an incredible opportunity for an investor and/or user seeking a high quality parking garage condominium in Manhattan.