40 Rector Street

20,000 – 50,000 RSF Two Floor Penthouse

Asking Price:
E. 18th Floor:  $23,250,000 ($775/RSF)
E. 19th Floor: $15,500,000 ($775/RSF)
E. 18th & 19th Floors: $38,750,000 ($775/RSF)

Annual Common Charges:
$8.75/RSF

Annual Real Estate Taxes:
$5.73/RSF

Possession:
Immediate

Highlights

  • 50,000 RSF two floor building-within-a-building opportunity.
  • The floors are comprised of 30,000 RSF on the 18th floor and 20,000 RSF on the 19th floor.
  • Large dedicated landscaped roof deck and indoor amenity space.
  • Recent upgrades include white-box condition of the floors, renovated dedicated elevators, common corridors, an interconnecting staircase between the two floors, as well as new bathrooms and high-quality finishes.
  • High ceilings and four sides of windows providing tremendous light and air with Hudson River and Statue of Liberty Views
  • Prominent other unit owners include NAACP, Doctors without Borders, Orthodox Union, Metropolitan College of NY, Big Brothers Big Sisters of NYC.
  • Close proximity to the newly redeveloped World Trade Center site and Brookfield Place with access to many subways, the PATH train and several ferry lines.
  • A variety of financing options exist to make owning an office condominium more affordable for businesses and non-profit organizations.
  • Non-profits and government entities can benefit from being exempt from paying real estate taxes.