32 West 39th Street is a 16-story, 87,072 square foot office building that is being converted office condominiums.
Rudder property group is pleased to offer the retail units for sale.
Retail 1 is a vacant 7,351 SF unit on the ground, mezzanine and lower level. The unit was formerly occupied by a popular restaurant and is ideal for an investor, restauranteur or an office user who is looking for a dedicated entrance and a building-within-a-building.
Retail 2 is 2,461 SF on the ground and lower level and it is currently leased to Subway until 08/31/31. Subway renewed their lease in September 2021 and they are finalizing the reconstruction of the space. The retail condominium unit is an ideal investment opportunity with a high-quality tenant and stable cash flow.
Retail 3 is 2,844 SF on the ground and lower level and it was recently leased to Kiai Inc., a ramen restaurant through 06/01/32. Kiai Inc. is finalizing their construction and will open soon.
The units will benefit from the opening of two new construction hotels on the block and the opening of Amazon’s new headquarter which is steps from the building.
The three units can be purchased together or individually.
Retail Unit 1
| wdt_ID | newcolumn | newcolumn1 |
|---|---|---|
| 1 | Tenant | Vacant |
| 3 | Size: Ground: Mezzanine: Lower Level: Total: |
3,623 SF 3,063 SF 665 SF 7,351 SF |
| 4 | Asking Price: | $6,443,1255 ($876/SF) |
| 5 | Estimated Rent/Year: | $616,800 *Pro-forma Rent |
| 6 | Estimated Annual Common Charges: | $75,495 |
| 7 | Estimated Annual Real Estate Taxes: |
$80,567 |
| 8 | Frontage: | 24’ |
| 9 | Unit Notes: | • Unit will be delivered vacant at closing • Can be a dedicated entrance for the office portion |
Ground: 3,623 SF
Mezzanine: 3,063 SF
Lower Level: 665 SF
Total: 7,351 SF
Retail Unit 2
| wdt_ID | newcolumn | newcolumn1 |
|---|---|---|
| 1 | Tenant | Vacant |
| 3 | Size: Ground: Mezzanine: Lower Level: Total: |
3,623 SF 3,063 SF 665 SF 7,351 SF |
| 4 | Asking Price: | $6,443,1255 ($876/SF) |
| 5 | Estimated Rent/Year: | $616,800 *Pro-forma Rent |
| 6 | Estimated Annual Common Charges: | $75,495 |
| 7 | Estimated Annual Real Estate Taxes: |
$80,567 |
| 8 | Frontage: | 24’ |
| 9 | Unit Notes: | • Unit will be delivered vacant at closing • Can be a dedicated entrance for the office portion |
Ground: 3,623 SF
Ground: 3,623 SF
Ground: 3,623 SF
Total: 7,351 SF
Retail Unit 3
| wdt_ID | newcolumn | newcolumn1 |
|---|---|---|
| 1 | Tenant | Vacant |
| 3 | Size: Ground: Mezzanine: Lower Level: Total: |
3,623 SF 3,063 SF 665 SF 7,351 SF |
| 4 | Asking Price: | $6,443,1255 ($876/SF) |
| 5 | Estimated Rent/Year: | $616,800 *Pro-forma Rent |
| 6 | Estimated Annual Common Charges: | $75,495 |
| 7 | Estimated Annual Real Estate Taxes: |
$80,567 |
| 8 | Frontage: | 24’ |
| 9 | Unit Notes: | • Unit will be delivered vacant at closing • Can be a dedicated entrance for the office portion |
Ground: 3,623 SF
Ground: 3,623 SF
Total: 7,351 SF
Pedestrians Weekly
250,000
Subway Annual Ridership
122,000,000
Bryant Park Office Market
50,000,000 RSF
Area Employees
175,000
