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633 Third Ave 44,779 SF Office Condo Unit Offered at $18,000,000 in New York, NY 10017

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INVESTMENT HIGHLIGHTS

  • This turnkey offer provides a modern office condominium comprising the entire 7th floor of 633 Third Avenue in Midtown Manhattan.
  • The property is easily accessible, sitting just steps from Grand Central Terminal with connections for subway lines, metro lines, and the LIRR.
  • Qualified users can qualify for real estate tax exemptions.
  • The suite offers spectacular sweeping Midtown views with full height windows on all sides and will be delivered vacant for immediate possession.
  • The property boasts exceptional tenant amenities, including a high security, two story lobby with 24/7 controlled access.

EXECUTIVE SUMMARY

Cushman & Wakefield has been exclusively retained to sell the condominium ownership interest in the entire seventh (7th) floor at 633 Third Avenue. The Property is being sold by Union for Reform Judaism (“Owner” or “URJ”), a national nonprofit organization, which has occupied the unit since 1998. The floor will be delivered vacant allowing immediate possession. URJ owns the seventh floor and the associated common areas, representing an approximate 4.319% condominium ownership interest in the building. The subject unit is identified as Block 1314, Lot 1406 on the tax maps of NYC. The seventh-floor measures approximately 44,779 rentable square feet. Other Owners of condominium interests in the building include Memorial Sloan-Kettering Cancer Center, the New York State Governor’s Office, Empire State Development Corporation, UNICEF, The World Zionist Organization as well as many other consulates, missions, and for- and not-for-profit organizations.

PROPERTY FACTS

Total Building Size 1,013,617 SF
Property Type Office (Condo)
Building Class B
Floors 41
Typical Floor Size 26,458 SF
Year Built 1972
Lot Size 1.12 AC
Zoning C5-3 - Commercial

AMENITIES

  • 24 Hour Access
  • Bus Line
  • Controlled Access
  • Convenience Store
  • Fitness Center
  • Metro/Subway
  • Property Manager on Site
  • Restaurant
  • Security System
  • Fully Carpeted
  • High Ceilings
  • Natural Light
  • Drop Ceiling

1 UNIT AVAILABLE

Unit 7

Unit Size 44,779 SF
Price $18,000,000
Price Per SF $401.97
Condo Use Office
Sale Type Investment or Owner User
Sale Conditions High Vacancy Property
SALE NOTES

633 Third Avenue is a 41-story steel frame office tower located on the easterly block front of Third Avenue between 40th and 41st Streets in the Grand Central office district of Manhattan. The property consists of a ±1,013,629-square-foot Class A office building that was constructed in 1960, with floors ranging in size from 17,060 to 44,779 square feet. The building offers exceptional amenities, with onsite security, a two-story lobby designed by Kohn, Pederson, and Fox, 22 high-speed elevators, and modern building systems.

Sitting in a world-class Midtown Manhattan location, 633 Third Avenue places businesses with best-in-class access to nearby amenities and public transportation. Grand Central is just two blocks away, offering access to the 4, 5, 6, 7, and S subway lines, The Hudson, Harles, and New Haven metro lines, and new connections for the LIRR. The prestigious location is situated just steps from the UN and blocks from New York’s top hospitals.

Spacious Workstations
Private Offices
Small Conference Room
Executive Reception
Private Corner Office

+39 More

Lobby Reception
View Photo Spacious Workstations
View Photo Private Offices
View Photo Small Conference Room
View Photo Executive Reception
View Photo Private Corner Office
View Photo Lobby Reception
View Photo Library Conference Room
View Photo Passenger Elevators
View Photo Cubicle Grouping
View Photo Multiple High-Speed Elevators
View Photo President's Office
View Photo Private Bathroom
View Photo Large Conference Room
View Photo Meeting Spaces
View Photo Workspace and Storage
View Photo Enclosed Cubicle
View Photo Closet Storage
View Photo Large Conference Room
View Photo Medium Sized Conference Room
View Photo Corner Conference Room
View Photo Incredible Midtown Views
View Photo Office Sitting Area
View Photo Wide Hallways
View Photo Tiled Bathroom
View Photo Modern Fixtures
View Photo Shared Workspace
View Photo Executive Corner Office Space
View Photo Large Cabinetry
View Photo Corner Office Library
View Photo Large Windows
View Photo Great Natural Lighting
View Photo URJ - Executive Suite Reception
View Photo Large Bookshelving
View Photo Spacious Library Conference Table
View Photo High Ceilings
View Photo Full Height Windows
View Photo Multiple Perimeter Offices
View Photo Suite Reception
View Photo Comfortable Lobby Desk
View Photo Spacious Waiting Area
View Photo 7th Floor As Built Floorplan
View Photo Well Laid out Cubes
View Photo Workstation Storage
View Photo Private Workspaces
Walk Score®
Walker's Paradise (100)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 28317132

  • Date on Market: 4/25/2023

  • Last Updated:

  • Address: 633 Third Ave, New York, NY 10017

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