FOR SALE: Full Floor Fifth Avenue Commercial Condo

Stop Paying Rent-Buy a Midtown Manhattan Commercial Condo

306 Fifth Avenue commercial condominium for sale. This 2,300 SF unit is located on the entire 3^rd floor. Negotiable Asking Price. Common charges and real estate taxes are each $1,000 per month ($24,000 per annum).

An existing tenant is occupying the space until 2014 and is currently paying $100,145.00 in rent. Rent will escalate by 3% per annum until lease expiration.

The space has an office facing Fifth Avenue, an internal bullpen, a reception area and a large room in the rear. There are two private bathrooms. Cooling is via central air conditioning.

The building is located between 30^th and 31^st Streets within a few blocks of The Empire State Building. Access to transportation is excellent with the Lexington Avenue subway lines and Penn Station being located within a few blocks.

Major capital improvements are planned for the building. The lobby will be upgraded in 2011.

To schedule an inspection call Alan Rosinsky at (212) 447-5403.

alan@metro-manhattan.com

Property Details

Base Rent:	FOR SALE, PRICE NEGOTIABLE	Monthly Rent:	Not Applicable
Address:	306 Fifth Avenue	Condition:	Occupied
Cross Streets:	31st and 32nd Streets	Heating & Cooling:	Central HVAC
Submarket:	Murray Hill	Kitchen:	Yes
Size:	2,500 Square Feet	Bathrooms:	Two Private Bathrooms
Suite:	Entire 3rd Floor	Views:	Fifth Avenue
Work Letter:	Not Applicable	Building Size:	16,668 Square Feet
Electricity:	Direct to Con Edison	Building Class:	C
Misc. Monthly:		Number of Floors:	8
Lease Type:	Not Applicable	Attended Lobby:	During Business Hours
Lease Term:	Not Applicable	Elevator Access:	24/7
Ideal Use:	Investment. Firms Seeking to Own Their Space.	Year Built:	1925
Updated:	May 11, 2012	Available:	Immediately