20 Office Sublet On Park Avenue Near GCT
20 Windowed Offices - Long Term
If your mid-size "out of town" law firm is considering a Manhattan base, an AM Law 200 firm is offering part of a tower floor with amazing views and light, that is immediately proximate to Grand Central Station
This law office space is a private unit comprising 12,000 square feet and is in immediate move-in condition. (If you want to bring your own furniture we need 1 week notice to dispose of the furnishings in place.)
This is a below market, long term sublease. I can't tell you exactly what the sublessor would accept, but I anticipate that the monthly rental will be in the range of $55,000 per month. (For 12,000 sq ft this represents $55 per sq. ft. which is below market for this building and neighborhood.
This is a good sample office to display because it shows the window line as well as the perspective you get from 2 compass directions.
The furniture includes all of the major pieces in each office.
The space has traditional but modern attributes and is fully touched up and maintained throughout. This will be like moving into a space you just built and furnished - only you don't have to build or furnish it and you can take advantage of the efforts of those that preceded you here and get down to the practice of law in New York with no delay, and no hassle. This literally is a Plug & Play situation that requires only your computers, files and phone system + personal items
brought to the space.
The floor plan indicates the 2 large conference rooms (both of which have really nice exposures) as well as 6-Partner offices 14 Associate offices (all windowed) and 9 workstations.
The reception area has an adjacent small meeting room and there is a large Case Room / Training Room you can also see on the plan.
The building has a layout that allows 3 compass exposures in a relatively small space. Your partners and associates will enjoy fabulous light as well as views North, South and West, due to the angled configuration of this very modern steel and glass skyscraper.
The building is owner occupied and impeccably managed with world class security in the lobby. They run a very tight ship and this is evident as soon as you enter.
There is a lot of space currently on the market in Manhattan, but the truth is that legal units with a high proportion of perimeter offices are relatively rare. We probably receive 50 listings of mostly larger, open spaces for each Law Firm sublet we get notified about. That's what makes this offering so interesting. Essentially it is a "Law firm in a box" - just move in!
As mentioned, the sublease is from an AM Law 200 Firm so you have a financially stable sublessor and nothing to worry about in the long term. Regarding term, the lease expires in 10 years so in addition to a below market rental this space offers your firm long term stability.
If you are considering Manhattan locations, and Park Avenue in the 40's very near to Grand Central would interest you, please call Neal Lerner at (212) 986-9100. You can also use this Contact Form and we'll get right back to you.