Brand New Luxury Suite Ideal For Prestigous Law Firm - Private Equity - Family Office - Hedge Fund

825 Third Avenue, 21st Floor ยท
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Listed: September 23, 2024
Available Offices 19-Office Suite (845 SF) | 10 Cubes
Type Description Sq. Ft. Rent
4 Windowed OfficesStandard 9'x14'125 sq. ft.$3,500 /month
4 Windowed Offices2 Window 9'x14'125 sq. ft.$3,750 /month
4 Windowed Offices3 Window Partner185 sq. ft.$4,500 /month
3 Windowed OfficesCorner Senior Partner290 sq. ft.$6,500 /month
4 Interior OfficesInterior Paralegal/Admin.120 sq. ft.$2,250 /month
10 Cubes$750
Highlights
Furnished
Phone Answering Included
Part time secretary (extra)
File Space Outside Offices
Outgoing Mail & Packages
Copy/Scan/Fax Available
IT Services Available
7 x 24 x 365 Access
Renovated Building
New Lobby
New Bathrooms
Class A Building
Kitchen
Lunch room
Great Light + Views
Listing Details
  • Neighborhood Midtown
    Grand Central
  • Space Type Business Center
  • Listing For All Professionals
  • Windowed Offices 15
  • Interior Offices 4
  • Conference Rooms 2
  • Agreement Type Sublease
  • Possession January 2025
  • Term 2 Year Minimum
  • Reception Services Full-Time & Phone Answering
Space Description

Contiguous Offices - Rent Singles or Groups

Top-Tier Space Under Construction For Jan 1 Occupancy
Luxury Managed Office Suite - Long Term Available

If you're looking for high end space in a Class-A building proximate to Grand Central, 825 Third Avenue (50th St.) has it all.  The 21st floor is currently under construction to yield a 30-office luxury suite in a building that has just been renovated from the roof down.  New lobby, new elevators, new mechanical systems, new HVAC - everything is new in this well managed Durst family building.  All of the windows in the entire building are self-darkening (on a tenant controlled basis) to handle heat load during sunny periods.

The space is being built to above standard specifications with (frosted) glass walls on the perimeter offices, infusing the interior with good natural light.  The modern furniture system is included, but you are free to bring your own (all or in part).  Of course, there is full time professional reception staff and your rent includes phone answering.  All business machines are available as well as conference room use on demand.

The environment is designed to be a cut above standard and the space will appeal to prominent attorneys as well as hedge funds, private equity firms and family offices.  The environment will be unparalleled in the Thid Avenue corridor and if you are seeking above standard premises this is really something you should investigate.

As an introductory offer, a standard two-year licensee will receive a 3-month rent abatement.  Accordingly, the $3500 per month standard attorney offices will net out to $3,063 per month over the term, and the $4500 offices will net out to $3,938 per month.  That's a "sweet" deal for early renters.  Additionally there are 10 workstations and 7 interior offices with glass partitions.

We visited the space recently and the walls are going up but at the moment was not necessarily photogenic.  We toured another space recently completed by Durst in the building and the photos should be considered examples of construction and finish - but these are not the actual finishes in the suite, though they indicate the level of finish that will be provided in the finished product.

The building has an extraordinary amenity floor with beautiful seating areas, coffee bar, cocktail bar, board rooms and perhaps the nicest expansive outdoor terrace for tenant use that I have ever seen.  The space is perfect for employees to bring lunch or simply take a break.  The facility is ideal for the occasions when you are hosting larger groups of guests.

After viewing the space and finishes I can easily state that this will be one of the most prestigious managed locations in Manhattan for the discerning tenant that wants brand new space in a completely renovated building with a high value amenity floor included.  This space is a full floor in the building with wrap around fully planted terrace, cafe and cocktail bar for snacks and drinks and coffee.  There is ample comfortable private indoor seating plus access to several conference and meeting spaces.  The entire beautiful venue can be made available for corporate events.

Please call Neal Lerner (212) 986-9100 for more information.  We can take you on a tour of the building amenities, similar space, and you can tour the floor under construction and actually pick out the group of offices you are interested in.  These offices are fully available now, so if you want a specific group of offices for your firm you can achieve contiguous occupancy of as many rooms as you require.

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Building Facts
Cross Street East 50th St.
Neighborhood Plaza District
Stories 40
Total Area 544,000 SF
Built / Renov. 1969