304 5TH Avenue Active

Manhattan,NY 10001

$ 15500000

23 Beds

24 Baths

19700 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 19,700 sqft

Price per Sqft $786

Subdivision Midtown

MLS Listing ID RPLU-33422878007

Bedrooms 23

Full Baths 24

HOA Y/N No

Year Built 2010

Annual Tax Amount $254,328

Property Description

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

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

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

Levels 1-9: Commercial/Office usage totaling 14,700 square feet
Levels 10-13: Residential usage totaling 5,000 square feet

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

Zoning: C5-2 (Floor Area Ratio of 10)
Current Use: Storefront Retail/Office
20,000+ square feet of flexible space
20 feet of frontage on Fifth Avenue
A double-height glass lobby with a receptionist desk and a large gallery area
Two modern full-size passenger elevators with stairwell access on every floor
Nine windowed commercial floors with closets, restrooms, and private outdoor space

304 Fifth Avenue is fully equipped with code requirements and features:
Sprinkler systems, standpipes, fire alarms, fire pumps, and a 15,000-gallon suction tank water supply
Two elevators and three staircases

Location

State NY

County Newyork

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

Pets Allowed Pets Allowed

Ownership None

Monthly Total Fees $21,194

Special Listing Condition Standard

Pets Description Building Yes,No

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