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

Massey Knakal Secures New Lease For Midtown East Medical Space

05/31/2013

Massey Knakal Retail Leasing Services has secured a new lease for a medical space at 352 East 51st Street, located between First and Second Avenues in Manhattan’s Midtown East neighborhood.

The site contains approximately 950 square feet on the ground floor of a beautiful brownstone building that is undergoing a substantial renovation, including a new façade.  The site will be occupied by a dental office.

This space is situated amongst a dense population due to its close proximity to neighboring tenants including the United Nations, American Foundation for Children, Smith & Wollensky, The Smith, Deux Amis, Food Emporium, and D’Agostino’s.

“This space was zoned for community facility use, restricting it essentially to medical, educational, and religious uses.  In addition, its below-grade, side street location made it especially challenging to market. Ultimately, the landlord benefitted from multiple competing offers for the space and was able to secure a dentist with multiple practices who was looking to expand his practice” said Brendan Gotch, who exclusively represented the landlord, with Jill Lovatt.

Massey Knakal Retail Leasing Services (MKRLS) is a focused retail leasing division whose goal is to ensure that every client obtains creditable tenants at the highest overall rental income. To accomplish this objective, the MKRLS team quickly and efficiently implements well-orchestrated marketing and leasing campaigns geared toward targeted groups of retail candidates.

www.masseyknakal.com

05/31/2013 - 19:53

Source

Cushman & Wakefield Capital Markets Group New York

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