50 WEST 47 STREET

For Sale - Manhattan - Midtown Center

$16,950,000

Net Operating Income: Contact Agent

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Key Details

Property Type
Office Condo
Neighborhood
Midtown Center
Property Dimensions
130.0 x 200.0
Property Area
28,981 sq.ft.
Total Units:
1
Stories:
1
NOI
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Price
$16,950,000
Price Per Unit
$16,950,000
Cap Rate
-%

Listing Description

Avison Young, as exclusive agent is pleased to offer for sale a 28,981± rentable square foot office condominium at 50 West 47th Street. Completed in 2013, the office condo encompasses the entire second floor of a 34-story, Class A office building, the International Gem Tower (the “Property”). Positioned on the south side of West 47th Street between Fifth Avenue and Sixth Avenue, the Property is located in the heart of New York’s Diamond District in one of the world’s largest and most desirable commercial areas, Midtown Manhattan.

The office condominium, which will be delivered vacant, offers impressive ceiling heights and an efficient floor plate. The Property, designed by SOM Architects, is the only commercial condominium tower in New York designed specifically for the global diamond, gem and jewelry industry. Therefore, the property provides unparalleled services such as state-of-the-art security and secure underground parking. Other amenities include an exclusive health club for tenants, messenger center, bicycle storage room and secure valet parking.

The condominium is near major transportation hubs such as Grand Central Terminal and Port Authority, as well as the city’s finest shopping, hospitality and cultural experiences. This first-class office condominium offers investors and end-users the opportunity to purchase 28,981± rentable square feet of office space in a one -of- a-kind, Class A office tower.

Property Details

Block/Lot:
1262/1706
Lot Dimensions
130.0 x 200.0
Lot Area
24,000 sq.ft
Zoning:
C6-4.5
FAR as Built:
10
Max FAR:
12
Carter LovejoyAvison Young
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