304 5TH Avenue Pending

Manhattan,NY 10001

$ 15500000

23 Beds

24 Baths

- SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

Subdivision Midtown

MLS Listing ID RLS20004199

Bedrooms 23

Full Baths 24

HOA Y/N No

Year Built 2010

Annual Tax Amount $254,328

Property Sub-Type Mixed Use

Property Description

Centrally located on Fifth Avenue between 31st and 32ndStreets in Manhattan, this turn-key mixed-use building was built in 2010 and spansa total of Thirteen stories with a brick fa ade with modernly designed stoneformation throughout and floor-to-ceiling windows overlooking Fifth Avenue.

304 Fifth Avenue will be delivered fully vacant, an excellentopportunity for the buyer to have complete flexibility in deciding how toutilize the space, whether for commercial, residential, or mixed-use purposes.

The main floor features oversized glass windows facing FifthAvenue with a double-height atrium allowing natural light throughout the day.This space could serve as a storefront retail space or showroom. This building isconfigured as nine commercial and three residential levels, with two elevatorsservicing the building throughout.

Levels1-9: Commercial/Office usage totaling 14,700 square feet
Levels10-13: Residential usage totaling 5,000 square feet

The property in Midtown South offers easy access to majortransportation, tourist attractions and is at the crossroads of Flatiron, NoMad, Koreatown, Times Square, HeraldSquare, Midtown, and Chelsea neighborhoods.
The general building configuration includes:

Zoning:C5-2 (Floor Area Ratio of 10)
CurrentUse: Storefront Retail/Office
20,000+square feet of flexible space
20feet of frontage on Fifth Avenue
Adouble-height glass lobby with a receptionist desk and a large galleryarea
Twomodern full-size passenger elevators with stairwell access on every floor
Ninewindowed commercial floors with closets, restrooms, and private outdoor space

304 Fifth Avenue is fully equipped with code requirementsand features:
Sprinklersystems, standpipes, fire alarms, fire pumps, and a 15,000-gallon suctiontank water supply
Twoelevators and three staircases

Location

State NY

County New York

Rooms

Basement Other

Interior

Fireplace No

Laundry In Unit

Exterior

View Y/N No

View Other

Porch None

Private Pool No

Building

Dwelling Type Mixed Use

Story 13

New Construction No

Others

Ownership None

Monthly Total Fees $21,194

Special Listing Condition Standard

Pets Allowed Building Yes,No

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