Manhattan Ave New York, NY 10022

Property Details for 0 Manhattan Ave

Property type

Office Properties & Spaces

Description

This exceptional Class A office building in Manhattan, New York (zip code 10022), presents a compelling investment opportunity. Currently 100% occupied by Charles Schwab, the building boasts a prestigious tenant and ensures a stable income stream until the lease expiration date of October 22, 2024. The property's prime location offers unparalleled convenience, with easy access to a wide array of retail stores and diverse transportation options, including multiple subway stations, bus routes, and taxi services. This translates to a highly desirable location for both tenants and employees, maximizing the building's value and appeal. The asking price is $350,000,000, negotiable. Owner financing is available, offering a 15-year term at a 3% interest rate with a substantial down payment. This unique opportunity is ideal for institutional investors seeking a high-return, low-risk investment in a thriving New York City market. The building is for sale by owner and represents a rare chance to acquire a fully leased, high-quality asset in a coveted location. The seller is motivated and seeking a prompt sale. This is a truly exceptional opportunity to acquire a significant piece of Manhattan real estate.