Office Space in New York

Jonathan Cohen, the Biking Broker here, with your best deals in New York Commercial Real Estate for the week of November 19th, 2007.

• 55th Street between Park and Madison
  • $20 per square feet below market A Class space
• 56th between Park and Mad, A space ready to go-see attached floor plan.  

• • Probably needs new paint an carpet, it is 4947 square feet deal can be done at $22.5 per month.
  • It has 2 useable terraces
  • A class-check
• 46th st between Madison and 5th Avnue
  • 5000 square feet at $16,666 per month
  • B class building with attended lobby, landlord will build for you a building standard space
  • You would need to add another $50-100K to bring quality of space to above standard
  • It is the only space above 42nd st at $40 per square feet
• At 708 3rd (corner of 44th) —an A class building 4145 square feet 2nd floor
  • Around $17,500 per monoth –landlord will build new to your specs

• Same building has same exact space on the 18th floor-price up there jumps to $21K per month
• At 747 3rd Avenue it is a bit nicer then 708 3rd
  • They have2 spaces, both have great views and get great light
  • 1- 4475 square feet on the 24th fl for $25K per month
  • They also have $2951 square feet on the 19th floor for $17K per month
• At 424 Madison corner of 49th street
  • High end boutique B class and has 4948 square feet on the 3rd floor for $25K per mo
  • Landlord will build you a high end space of your choice

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See what is great in New York Office Space Today!

Jonathan R. Cohen
Director
Murray Hill Properties LLC
1140 Avenue of the Americas, 12th Floor
New York, NY 10036

  212.763.3598 direct
  212.944.4750 fax
  917.361.3077 mobile 

  jcohen@murrayhill.com

• Jonathan Cohen here, the Biking Broker of New York City with some great deals in Commercial Office Space in New York. 

Deals that might have your interest since I am looking to purchase commercial coop space:

Jonathan R. Cohen
Director
Murray Hill Properties LLC
1140 Avenue of the Americas, 12th Floor
New York, NY 10036
212.763.3598 direct
212.944.4750 fax
917.361.3077 mobile
jcohen@murrayhill.com

I have a lease signing for a financial services firm today-the deal is
as follows:

• 2000 square feet consisting of a 1600 square feet full floor with a 400 sf penthouse duplex as well as a 500 sf terrace-the term is for 7 years and the rent is $10,500 per month-electricity is direct to con ed and escalations are 4% annually

I placed a few retail food stores I will list their deals as follows:

• 875 3rd ave food court—10 year term—-800 square feet rent is 4K per month
• Upscale all natural juice bar-in the Rockefeller Lower Concourse Mall - they took 500 square feet at 10K per month on a 7 year term
• I placed a 5000 square foot office tenant at 15 W 36th st on the entire 3rd floor-rent is $32 psf-5 yr term

What a great week for New York Office Space!

• I placed a 1064 sf office tennant at 271 Mad on Part of the 10th floor for  a 5 yr term at $54 per square foot Jonathan R. Cohen
  Director
  Murray Hill Properties LLC
  1140 Avenue of the Americas, 12th Floor
  New York, NY 10036
  212.763.3598 direct
  212.944.4750 fax
  917.361.3077 mobile
  jcohen@murrayhill.comCall Jonathan Cohen for the best in New York Commerical Office Space

I’ve seen A LOT of nice office spaces in my years as a commercial real estate broker, but I believe this is THE NICEST Office space- of them all.      

The Views are a “must see to believe”.
       
And you can’t beat the Park Avenue address! (It’s at Park and 34th) If you don’t mind walking (and it’s great exercise)- this location is about 8 minutes walk to Grand Central Station and about an 11 minute walk to Penn Station. (Or perhaps you get around the same way I do, by bicycle. Bike time: 2 minutes to GC and 4.5 to Penn)
       
This special office space has 4 windowed offices (all w/ that spectacular view), a conference room, internal office, nice reception area and a pantry.       

The space is 2,100 sq ft and a deal at $55 per sq ft - making the total monthly rent $9,625.

Jonathan R. Cohen

Murray Hill Properties LLC

212-763-3598 direct

917-361-3077 mobile

jcohen@murrayhill.com