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Updated: 12-06-2016

SPACE DESCRIPTION

Here is another small NYC office space that will cater to legal professionals seeking a very efficient layout with a high ratio of windows to floor space. This is a "shallow" unit that allows a nice windowed conference room, 1 partner's office and 2 associate's offices, with a kitchen, IT closet, and room for several workstations / storage / copier / files etc.

The offices and conference room all have glass fronts and the space will be freshly carpeted and painted throughout in the Tenant's choice of building standard colors. This would be a nice, 5-year lease for a small law firm that doesn't want to waste money on office space - because the efficiency of this unit makes it very appealing.

We think this will be a "mid-$50's" Lease that will incorporate an annual percentage increase (in lieu of direct operating expenses) as wall as an increase relating to the tenant's proportionate share if increases in real estate taxes for the building, after the first lease year.

This space at the end of the day might trade at a slightly lower rent because though all of the offices have windows, there isn't much of a view as this space faces the neighboring building. That being said, this is the kind of space that could make you smile each day you walk in knowing that you occupy an efficient space where every square foot is utilized, and nothing is wasted.

This is a direct lease with the Owner of the building and is available for a term between 5-7 years. A longer term will result in a better concession package for the Tenant which will translate into additional free rent and work performed at the Landlord's expense.

HIGHLIGHTS

New Lobby7 x 24 x 365 Access
Attended LobbyPantry
Bring Your Own InternetBring Your Own Phones
Directly Off ElevatorsOperable Windows
Unfurnished

LISTING ADDRESS

11 East 44th Street
New York, NY 10017

Map

AVAILABLE COMMERCIAL OFFICE SPACE

Part 5th Floor
1636 sq. ft.

LISTING DETAILS

  • Neighborhood Midtown Manhattan
  • Space Type Available Offices
  • Listing For All Professionals
  • Windowed Offices 1
  • Interior Offices 0
  • Conference Rooms 0
  • Agreement Type Direct Lease
  • Possession Immediate/Vacant
  • Term 3-7 Years
  • Reception Services

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  • Cross Street5th-Madison
  • NeighborhoodGrand Central
  • Stories 22
  • Total Area135,000
  • Built / Renov.2016

BUILDING DESCRIPTION

11 East 44th Street is a "white glove" building with an attended lobby - and it is an excellent location for a midtown boutique law firm looking for new commercial office space proximate to Grand Central Station. This is a relatively small building and because of that smaller tenants are welcomed and made to feel important. The building is on the 44th Street side of the Brooks Brothers building, in proximity to Grand Central Teminal and all of the shopping on Fifth Avenue.

The building has SILVER LEED Certification.

Internet Providers in the building backbone include:

Lightower / Level 3 Communications / TW Telecom / Cablevision - Lightpath / Time Warner Cable / MegaPath / Verizon





LAW FIRMS IN THIS BUILDING

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