205 E 42Nd St New York, NY 10036

Located on East 42nd Street between Second and Third Avenues, this midtown property is situated one block from Grand Central Terminal. The building features a restored art deco lobby, new BMS and life safety systems, new windows, and new bathrooms. The property benefits from both employee and Midtown East resident traffic. The available office space is suitable as a rental opportunity or a commercial leasehold condominium, which may be favorable to non-profit and government organizations seeking to reduce occupancy costs due to a real estate tax exemption available to eligible entities. The retail space, with direct presence on East 42nd Street, commands ample foot traffic from office workers and area residents. The property includes an upscale café buildout with most furniture and the opportunity for adjoining storage/prep space. The property size is 1242 square feet.