Press Release brought to you by Cushman & Wakefield Capital Markets Group New York

Madison Square Park Property For Lease by Massey Knakal

05/30/2012

Massey Knakal Realty Services has been retained on an exclusive basis to arrange for the triple net lease of 206 Fifth Avenue (aka 1126 Broadway). The property is located on Madison Square Park within the Madison Square North Historic District, between West 25th and 26th Streets. The asking rent is $725,000 per annum and would be available for occupancy June 1, 2013.

This five-story, block-through property has approximately 18,078 rentable square feet and sits on a 28.17’ x 112’ lot. The building currently consists of five floor-through commercial units with an abundance of natural light and stunning views of Madison Square Park. Each floor has private elevator access and its own tenant controlled air-conditioning package.

The property is excellently situated near newly opened destinations like Eataly, and the Ace, NoMad and Flatiron Hotels. Public transportation is readily available with most local subway trains only a short walk away.

This offering is an excellent opportunity to establish a flagship location or headquarters in one of Manhattan’s most desirable locations, facing Madison Square Park.

For more information on this listing, contact Massey Knakal Partner and Vice Chairman John F. Ciraulo or Director of Sales Craig Waggner or Mike Azarian at 212.696.2500. 

Massey Knakal specializes in the sale of investment and user properties in the New York Metropolitan area. Since 1988, our agents have closed over 4,200 transactions having a market value in excess of $15 billion.

www.masseyknakal.com

05/30/2012 - 14:16

Source

Cushman & Wakefield Capital Markets Group New York

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