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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 | Typical Floor Size | 26,458 SF |
| Property Type | Office (Condo) | Year Built | 1972 |
| Building Class | B | Lot Size | 1.12 AC |
| Floors | 41 | ||
| Zoning | C5-3 - Commercial | ||
| 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 | Condo Use | Office |
| Price | $25,126,561 CAD | Sale Type | Investment or Owner User |
| Price Per SF | $561.12 CAD | Sale Conditions | High Vacancy Property |
| Unit Size | 44,779 SF |
| Price | $25,126,561 CAD |
| Price Per SF | $561.12 CAD |
| 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
Lobby Reception
Library Conference Room
Passenger Elevators
Cubicle Grouping
Multiple High-Speed Elevators
President's Office
Private Bathroom
Large Conference Room
Meeting Spaces
Workspace and Storage
Enclosed Cubicle
Closet Storage
Large Conference Room
Medium Sized Conference Room
Corner Conference Room
Incredible Midtown Views
Office Sitting Area
Wide Hallways
Tiled Bathroom
Modern Fixtures
Shared Workspace
Executive Corner Office Space
Large Cabinetry
Corner Office Library
Large Windows
Great Natural Lighting
URJ - Executive Suite Reception
Large Bookshelving
Spacious Library Conference Table
High Ceilings
Full Height Windows
Multiple Perimeter Offices
Suite Reception
Comfortable Lobby Desk
Spacious Waiting Area
7th Floor As Built Floorplan
Well Laid out Cubes
Workstation Storage
Private Workspaces
Presented by
633 Third Ave
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