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Investment Highlights
- Turnkey modern floors featuring open layouts with minimal columns and expansive window lines on all sides
- Excellent long-term value supported by protected view corridors and high-demand corporate submarket positioning
- Situated directly beside Amazon’s new headquarters with sustained foot traffic, brand visibility, and corporate synergy opportunities
- Prime Fifth Avenue location surrounded by major transit access and renowned Midtown landmarks
- Delivered vacant with immediate occupancy potential and a renovated build-out designed for a wide mix of professional users
- Strong building infrastructure with high security, 24/7 access, and dedicated elevator bank servicing upper floors
Executive Summary
Cushman & Wakefield has been exclusively retained to sell the condominium ownership interest in the eleventh through thirteenth (11th-13th) floors at 420 Fifth Avenue. The Class A office condominium is located on Fifth Avenue between West 37th and West 38th Streets within one of the most highly desired submarkets in Manhattan, just south of Bryant Park and right next door to Amazon’s new headquarters (the former Lord & Taylor Building). Each floor contains approximately 18,000-19,000 RSF of office space and will be delivered vacant. A renovated, modern build-out allows for turnkey occupancy for many users, providing significant savings in both capital and time to occupancy.
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Property Facts
| Price | $64,874,814 CAD | Number of Properties | 3 |
| Price / SF | $1,160 CAD / SF | Individually For Sale | 3 |
| Sale Type | Investment or Owner User | Total Building Size | 55,935 SF |
| Status | Active |
| Price | $64,874,814 CAD |
| Price / SF | $1,160 CAD / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 3 |
| Total Building Size | 55,935 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 420 Fifth Ave, 11th Floor - Unit 45, New York, NY 10018 | Office Condo | 19,018 SF | 1991 | $20,865,252 - $22,057,553 CAD |
| 420 Fifth Ave, 12th Floor - Unit 46, New York, NY 10018 | Office Condo | 18,927 SF | 1991 | $20,865,252 - $22,057,553 CAD |
| 420 Fifth Ave, 13th Floor - Unit 47, New York, NY 10018 | Office Condo | 17,990 SF | 1991 | $20,865,252 - $22,057,553 CAD |
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