Business Description
An offmarket opportunity:
Class A office building in Down‐ town Manhattan, New York.
The building is a striking, more than 40 story glass tower on the East River at the foot of the Brooklyn Bridge and adjacent to South Street Seaport.
The building's location directly on the East River provides tenants with breathtaking, panoramic views of Manhattan, Brooklyn, and the Harbor.
Located near the Financial District, the property offers protected views of the East River, New York Harbor and Midtown. Additionally, many of Downtown’s most popular restaurants and attractions are within walking distance of the Property including the New York Stock Exchange, Federal Hall, Fraunces Taverrn and the Brooklyn Bridge.
Located within blocks of numerous mass transportation hubs.
YEAR BUILT: 1984
RENTABLE SQUARE FOOTAGE: 1,078,751
PASSENGER ELEVATORS: 32 cars
Total Income: $55,957,672
Total Expenses: $21,565,633
Net Profit: $34,392,039
Price: $860M Plus