SPACE DESCRIPTION

Below Market 12 Office Sublet
Long Term Available From Law Firm

This is an early example of a realistic sub-lessor that is interested in renting their extra offices to another law firm.  I

The "Host" firm understands the uncertainty in the current rental market in Manhattan and is adjusting their economic perspective as needed, to reflect their desire to make a deal - even in a bad (landlord) market.

The space shows very well and makes a great impression.  It is currently vacant and in excellent condition with very nice traditional wood furnishings.

We're looking for a small firm - or a larger out of town practice that needs a NYC satellite outpost for their own as well as visiting attorneys and guests.

The unit can be expanded up to 16 offices and 8 workstations if additional office space is required.  This configuration would be 9,750 sq. ft.

 

 

HIGHLIGHTS

FurnishedBring Your Own Phones
Bring Your Own InternetFile Storage Cabinets
Copy/Scan/Fax AvailableKitchen
7 x 24 x 365 AccessCard Key System
Class A BuildingFaces North
Faces West

LISTING ADDRESS

1133 Avenue of the Americas
New York, NY 10036

Map

CURRENTLY UNAVAILABLE

1 privatespace Office
Rent: $52 /sq. ft.
Office 1
7,812 sq. ft.

LISTING DETAILS

  • Space Type Private Space (sq. ft.)
  • Host Practice Sublease
  • Listing For All Professionals
  • Neighborhood Penn Plaza/Garment
    Midtown Manhattan
  • Lease Type Sublease
  • Reception Services Full-Time
  • Conference Rooms Single
  • Possession/Vacancy Date Immediate/Vacant
  • Term of Lease 3-6 Years
  • Last Updated 07-04-2021

Contact The Advertiser

1133 Avenue of the Americas -
New York, NY 10036

1133 Avenue of the Americas is located on the cross street of West 43rd St./West 44th St. It is down the block from Rockefeller Center and Bryant Park. The building was built in 1970, however it was renovated in 1994. It has 45 stories and approximately 1,102,000 square feet.

Penn Plaza/Garment Facts

The Penn Plaza/Garment District is located proximate to Pennsylvania Station.  It is bordered north and south between 30th Street and 35th Street, between Fifth Avenue and the Hudson River.  In addition to Penn Station, Madison Square Garden is probably the most highly trafficked destination.  Macy’s is also a retail destination that anchors many national brands up and down 34th Street.

One Penn Plaza and Two Penn Plaza are the largest and most modern buildings in this neighborhood.  This area is also home to the first vertical mall in the US (Manhattan Mall).

In addition to shopping and a sports venue, there are of course many restaurants – but the primary popularity of this neighborhood stems from its roots as one of the five most heavily used public transportation areas in New York City.

The neighborhood was scarred by the demolition of the original Pennsylvania Station in the 60’s which made room for the horrible excuse for a transport terminal that Penn Station is today.  For 10 years there have been talks about revitalizing the area, with several different plans.  The biggest player is Vornado Realty which owns close to 7 million square feet of office space in the area including One Penn Plaza and Two Penn Plaza.  They also own the Hotel Pennsylvania which is rumored to become a supertall office tower.  They are also redeveloping the Farley Post Office Building into the Moynihan Train Hall.

This neighborhood is graced by the ongoing construction of a completely new adjacent neighborhood at Hudson Yards – so we’ve drawn a line of demarcation at 10th Avenue to delineate the new neighborhood that was formerly Penn Plaza but is now big enough to be considered its own submarket of New York City.

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