597 5th Avenue New York City Manhattan

Description

This is an Off Market Deal

Asking Price

$225,000,000.00

N.O.I. : $9,000,000.00 NET NET NET AT YEAR

597 Fifth Avenue is a 12-story plus penthouse and basement boutique office and

retail building containing 71,587 rent-able square feet. The property is located in the Plaza District on the east side of Fifth Avenue between East 48th and 49th Streets and features cathedral-like retail space with 32-foot ceilings, multiple selling balconies, ornate ironwork, and a grand marble staircase. Also known as the Scribner Building, the structure was designed in 1912 by Ernest Flagg as the

headquarters and retail flagship of Scribner’s Bookstore. Floors 4 through 12 feature boutique office space with floorplates ranging from 6,153 square feet to 6,364 square feet. The penthouse level is connected to the 12th floor via an internal stairwell and features a conference room and outdoor patio.

Block / Lot: 1284/2

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