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Deals & Dealmakers

Adelaide Polsinelli Hired to Sell Newly Developed Upper East Side Office Building

Adelaide Polsinelli, Vice Chairman of Compass, a publically traded, technology-driven, real estate platform, has been exclusively retained to market for sale 168 East 80th Street, a bespoke, 12,300 square foot, newly constructed, elevatored, office building consisting of six, full-floor commercial units.

The building is located on 80th Street between Lexington and Third Avenues with easy access to multiple major MTA hubs. It is ideally situated in the medical mile corridor of the city. The property neighbors some of New York City’s best medical and educational institutions. Nearby Hospitals include Lenox Hill Hospital, Mount Sinai Hospital, Weill Cornell Medical College, Sloan Kettering and New York Presbyterian Hospital. Local area colleges include Hunter College (CUNY), Marymount Manhattan College, New York School of Interior Design, to name a few.

The property also lends itself to cultural uses as it is adjacent to the exquisite, Waterfall Mansion, and other nearby, high profile, institutions such as the Whitney Museum of American Art, Goethe-Institute New York, Metropolitan Museum of Art (MET),Neue Galerie New York and Asia Society.

“This blank canvas presents boundless opportunities for an investor or user to occupy this best-in-class property. From live/work to family office, corporate headquarters, or educational facility, the potential is limitless,” commented Polsinelli.

The property enjoys the benefits of a being in a medical corridor, complimented with busy
shopping, entertainment, and dining options. The area has been booming with new condo
development and new residents choosing to work closer to their homes on the Upper East Side.

“We are seeing signs of strong demand for boutique properties as more investors and users, are committing to ownership positions rather than leasing,” concluded Polsinelli.,

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