40 Rector Street - Rudder Property Group

40RECTORBUILDING

40 Rector Street

Partial 11th Floor: 25,717 RSF

Available:
Partial 11th Floor: 25,717 RSF

Asking Price:
$8,950,000 ($348/RSF)

Annual Common Charges:
$214,225 ($8.33/RSF)

Annual Real Estate Taxes:
$132,558 ($5.15/RSF)

Possession:
Immediate

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Key Features

Beautiful existing plug and play installation including an efficient layout with open areas, interior offices, multiple conference and breakout rooms, executive offices and large pantry/cafeteria
Includes Herman Miller furniture, training room and event space for up to 100 people
Exposed ceilings and three sides of windows providing tremendous light and air with Hudson River and Battery Park City views
Historically below market pricing, low common charges and tax exemptions for nonprofit owners
Vacant possession at closing with potential to purchase the remainder of the floor to secure the entire full floor
The building itself has a recently renovated institutional quality lobby and elevators
Prominent other unit owners include The City University of New York, NAACP, Doctors without Borders, Orthodox Union, United Cerebral Palsy, and Urban Justice Center
Close proximity to the newly redeveloped World Trade Center transit hub and Brookfield Place with access to many subways (1,R,W,4,6,J,Z,2,3 trains), the PATH train and several ferry lines
Institutional quality attended lobby and high traffic elevators

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Availabilities

Building	BuildingCode	Unit	Size (RSF)	Price	Annual Operating Expenses	R.E. Taxes	Brochure	Submarket	Size Range (RSF)
Building	BuildingCode	Unit	Size (RSF)	Price	Annual Operating Expenses	R.E. Taxes	Brochure	Submarket	Size Range (RSF)
545 West 45th Street	545West45	E. 9th Floor	11,252	4,000,000	69,312	101,493		Midtown	over 10,000 RSF
545 West 45th Street	545West45	E. 8th Floor	11,252	4,500,000	69,312	101,493		Midtown	over 10,000 RSF
545 West 45th Street	545West45	E. 8th + E. 9th Floor	22,504	8,500,000	138,625	202,986		Midtown	over 10,000 RSF
438 West 37th Street	438w37th	E. 2nd + 3rd Floors	28,768	12,945,600	123,814	176,730		Midtown	over 10,000 RSF
438 West 37th Street	438w37th	E. 2nd Floor	14,384	6,472,800	61,907	88,365		Midtown	over 10,000 RSF
438 West 37th Street	438w37th	E. 3rd Floor	14,384	6,472,800	61,907	88,365		Midtown	over 10,000 RSF
236 West 26th Street	236W26th	P. 4th Floor	7,250	3,443,750	84,245			Midtown	5,000-10,000 RSF
32 West 39th Street	32West39th	E. 14th Floor	4,527	2,693,565	43,962	48,197		Midtown	up to 5,000 RSF
32 West 39th Street	32West39th	E. 11th Floor	4,949	2,944,655	48,060	52,690		Midtown	up to 5,000 RSF
32 West 39th Street	32West39th	E. 9th Floor	5,207	3,098,165	49,365	55,437		Midtown	5,000-10,000 RSF
32 West 39th Street	32West39th	E. 8th Floor	5,207	2,994,025	50,565	55,437		Midtown	5,000-10,000 RSF
32 West 39th Street	32West39th	E. 6th Floor	5,515	3,171,125	53,556	58,716		Midtown	5,000-10,000 RSF
32 West 39th Street	32West39th	E. 5th Floor	8,359	4,806,425	81,174	88,994		Midtown	5,000-10,000 RSF
32 West 39th Street	32West39th	E. 4th Floor	8,355	4,804,125	81,135	88,953		Midtown	5,000-10,000 RSF
32 West 39th Street	32West39th	E. 3rd Floor	8,371	4,604,050	81,291	89,122		Midtown	5,000-10,000 RSF
131 West 35th Street	131West35th	E. 6th Floor	7,725	3,823,875	104,056			Midtown	5,000-10,000 RSF
131 West 35th Street	131West35th	E. 11th Floor	7,725	2,500,000	112,398			Midtown	5,000-10,000 RSF
246 West 38th Street	246W38th	E. 5th Floor	8,803	3,521,200	113,076			Midtown	5,000-10,000 RSF
185 Broadway	185Broadway	E. 3rd Floor	9,416					Midtown	5,000-10,000 RSF
185 Broadway	185Broadway	E. 4th Floor	9,416					Midtown	5,000-10,000 RSF
185 Broadway	185Broadway	E. 5th Floor	9,871					Midtown	5,000-10,000 RSF
185 Broadway	185Broadway	E. 3rd, 4th & 5th Floors	28,703					Midtown	over 10,000 RSF
125 Maiden Lane	125Maiden	E. 14th Floor	18,201	6,370,350	239,407	135,128		Midtown	over 10,000 RSF
420 Fifth Avenue	420Fifth	E. 7th Floor	31,153	20,249,450	445,788	595,955		Midtown	over 10,000 RSF
825 Seventh Avenue	825Seventh	E. 7th Floor	19,229	9,133,775	260,553	317,080		Midtown	over 10,000 RSF
825 Seventh Avenue	825Seventh	E. 8th Floor	19,229	8,653,050	260,553	317,080		Midtown	over 10,000 RSF
825 Seventh Avenue	825Seventh	E. 7th & 8th Floors	38,458	17,786,825	521,106	634,159		Midtown	over 10,000 RSF
35 West 36th Street	35W36th	E. 10th Floor	6,758	4,358,910	44,171	41,364		Midtown	over 10,000 RSF
66 East 55th Street	66E55th	P. Ground and E. 2nd-6th Floors	34,436	40,000,000	158,136	862,075
520 West 27th Street	520West27th	Unit 403	3,073	2,300,000	22,412	22,248
134 West 29th Street	134West29th	E. 5th Floor	11,065	5,300,000	0
49 West 24th Street	49West24th	E. 3rd Floor	4,850	3,395,000	93,600
33 Park Row	33ParkRow	E. 4th Floor	5,001	3,875,775	47,907	80,473
33 Park Row	33ParkRow	E. 3rd Floor	5,001	3,875,775	47,907	80,473
33 Park Row	33ParkRow	E. 2nd Floor	5,001	3,875,775	47,907	80,473
33 Park Row	33ParkRow	E. 1st Floor / Retail	3,588	6,500,000	24,003	67,756
131 West 33rd Street	131W33rd	E. 17th Floor	6,333	3,750,000	78,868	61,093
40 Rector Street	40Rector	P. 11th Floor	25,717	8,950,000	214,225	132,558
20 West 33rd Street	20West33rd	P. 6th Floor	8,131	4,268,775	49,824	76,159

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All information supplied is from sources deemed reliable and is furnished subject to errors, omissions, modifications, removal of the listing from sale, and to any listing conditions, including the prices. Floor plan represents only an approximation of the size and perimeter of the Unit(s). Details and computer renderings, including but not limited to, partitions and furniture shown hereon, are for demonstration purposes only and do not reflect existing conditions, which likely vary from the conditions shown hereon. Any square footage dimensions set forth are estimates based on approximate rentable measurements.

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