Listing Description
· Ideal opportunity for an investor or user to enter into a new long-term lease agreement and redevelop an entire building
· Current structure 57,478 rentable square feet across seven floors. Overall Class A office average asking rent in the area is $130 PSF (as of 1/8/20)
· Excellent leasing fundamentals as the neighborhood is dominated by TAMI firms, which accounted for a third of Manhattan’s leases in 2019
· 75 feet of frontage on 14th Street offering unparalleled branding and signage possibilities on one of Manhattan’s busiest east/west corridors
· Prime Greenwich Village, centrally located between three dynamic neighborhoods—Chelsea, Union Square and the Meatpacking District
· Area benefits from one of the highest concentrations of college and university students in the city with more than 70,000 students attending nearby institutions