Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Building Area
Number of units 1

Property Description

JLL has been retained on an exclusive basis to arrange for the sale of the ground floor commercial co-op unit at 28 West 38th Street. The subject property is located on the south side of West 38th Street between Fifth and Sixth Avenues. Just two blocks from Bryant Park, the retail co-op is situated at the bottom of a 51,870 SF, 12-story live/work building and contains 3,009 SF across the ground and lower levels. The space features ~20 feet of frontage with 18 foot ceilings, hardwood floors and natural light. In addition, it has its own air conditioning, 24-hour video surveillance system and is ADA compliant. Currently, the unit uses Time Warner with 100 x 10 mbps and FIOS is also available. The unit is scheduled to be delivered vacant, presenting a unique opportunity for investors to lease up the unit at market rent or users to build out the space to their needs.

Investment Highlights

Delivered Vacant


20' Feet of Frontage


18' High, Loft-Like Ceilings


Conveniently Location in Close Proximity to Bryan Park

Last Updated Date: 01 Oct 2021
Guthrie Garvin
Guthrie Garvin
Managing Director, Capital Markets
License details
NY-30GA1030860
Bob Knakal
Bob Knakal
Chairman, NY Investment Sales, New York Office Co-Head
License details
NY-10311207925

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Last Updated Date: 01 Oct 2021

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