229 E 60th Street, New York, NY 10022

Upper East Side, Midtown East, New York, New York 10022

$10,350,000  

Listing ID Number

25156

Property Description

Cushman & Wakefield has been retained exclusively to arrange for the sale of 229 East 60th Street, a renovated turn-key mixed-use residential and commercial building in the heart of Manhattan’s Midtown East Decoration & Design District. The property presents an incredible opportunity to acquire a move-in ready trophy asset in a premier location with tremendous user, investor or conversion potential.

229 East 60th Street is perfect for United Nations user groups, medical/educational users, retail, showroom or gallery users or live/work investors.

PROPERTY HIGHLIGHTS:
- Pristine turn-key building.
- Newly renovated.
- Delivered vacant.
- Premier location.
- User, Live/Work, Live/Invest.
- Mixed-Use, Use Group-6.
- 3 Floors commercial space (office, retail, showroom).
- 2 Floors residential space (2 floor-through one-bedrooms).
- Plus finished/renovated cellar floor.
- Elevator.
- Rooftop terrace.
- Private rear garden.
- State of the art security system.

Overview

Building Type:Commercial Buildings, Live Plus Income Buildings, Mixed-Use Investment Buildings, Mixed-Use User Buildings, Special Use
Location:North side of East 60th Street between Second and Third Avenues
Block/Lot:1415/14
Lot Dimensions:20 x 100.42
Stories:5 (plus finished cellar)
Building Sq Ft:5,600
Building Dimensions:20' x 55' (approx.)

Documents

Contact

For further information or inspection, please contact Exclusive Agents:

Clint B. Olsen
Executive Managing Director
(212) 660 7747
clint.olsen@cushwake.com

Alex Woodlief
Associate
(212) 660 7713
alex.woodlief@cushwake.com

William Conrad
Associate
(212) 660 7740
William.Conrad@cushwake.com


Property Images

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Property Map


Aerial View


The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.