Cushman & Wakefield announced today that the real estate services firm has been retained on an exclusive basis to market a 44,476-square-foot office condo located on the seventh floor of 633 Third Avenue for sale. The asking price is $27,800,000.
Cushman & Wakefield’s John Ciraulo, Craig Waggner, Mike Kavanagh and Jack Stephen, along with local leasing specialist Jonathan Schindler and nonprofit advisory expert David Lebenstein, also of Cushman & Wakefield, will be leading marketing efforts on behalf of the owner, Union for Reform Judaism (URJ). URJ plans to maintain its presence in New York City in a different facility better suited to its globally distributed workforce.
“633 Third Avenue offers investors the rare opportunity to acquire a large full-floor block of Class A office space in a building with prestigious unit owners including Memorial Sloan-Kettering Cancer Center, UNICEF, the NYS Governor’s Office and The World Zionist Organization,” said Waggner. “The property’s strategic location next to the United Nations building, many of NYC’s prominent hospitals and Grand Central Terminal makes this an ideal opportunity for a wide range of occupiers including not-for-profits, government, legal and consulting.”
The property is a 41-story office tower with each floor containing a separate condominium unit. The property features on-site retail options and a two-story lobby.
The asset is located in the Grand Central office district in Manhattan, surrounded by an array of retail, dining and entertainment options. The property is located within walking distance to Grand Central Terminal and the 4, 5, 6, 7 and S trains.
