Midtown Suite Within A Legal Suite - 5 Offices + Cubes - Long Term

01-15-2020 | by Neal Lerner

Sometimes we see a "law firm in a box" - where everything you need for your firm can be obtained with zero management hassle.  We've got 5 offices (4 of which are adjacent to a large windowed conference room) in the premises of an existing IP firm.

The co-tenant that shares the space with the IP firm is retiring and disembarking on May 30, 2020 - leaving behind a full law firm infrastructure for a firm with 1 senior partner, 4 jr. partner/sr. associates, and 5 paralegal/admin positions. 

High speed internet, phone system, furniture, printers, external file storage, shared kitchen and conference room, full time professional receptionist, copy/scan/fax, kitchen supplies and fully stocked office supply room --- all fully provisioned and ready to go as of April 2020 for a 4-year term.  The available space is shown in yellow:

The IP firm is looking for a solid subtenant to share the space with on an acutal cost basis.  There is no profit involved in the sublease - just an exact sharing of the total expense.  The sublet portion is roughly equivalent to a 4000 sq ft private space.  

The renewal rental starts at $58 per sq. ft., and the monthly rent is approximately $20,000 for the configuration shown.

If you'd like to see more details along with space photographs CLICK HERE TO VIEW THE FULL LISTING

Alternately, feel free to call Neal Lerner at 212 986-9100 

 

 

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