$45,000,000
Updated 8 years ago
Off Market

304 Fifth Ave

NoMad, Manhattan | West 30th Street & West 31st Street

20 Rooms8 Beds13 Baths19,700 Square FeetMixed Use

$45,000,000
floors / apts13 / 4
Lot Size20'x100'
Built Size20' wide
ZoneC5-2
Building TypeMid-Rise
RE Taxes$281,944
Price Per SF
$2,284

Outdoor space and views

  • Terrace
  • City Views
  • Empire State Bldg

Building Amenities

  • Attended Lobby
  • Keyed Elevator
  • Roof Deck
  • Sprinkler System

Property Description for 304 Fifth Ave

This stunning mixed-use, thirteen-story commercial building is new construction and has never been occupied. Located on the West side of Fifth Avenue, between 31st and 32nd Streets, it is positioned in a prime central location just blocks to Flatiron, Penn Station, The Empire State Building and Koreatown. The roof is also finished and offers spectacular views of the city, including the Empire State Building.Estimated rents for the commercial portion are $60/sf and for the residential portion $70/sf.On a triple net basis building will yield well over 2%. Ideal for income generation or for single owner occupier. Grand entry lobby with double-height ceilings and spacious waiting area.Floors 1-9 Commercial/Office 14,700 SF with partitioned offices and executive offices with wood flooring. Flexible configuration with bathroom facilities on each floor.Floors 10-13 Residential 5,000 SF with fully equipped kitchen and outdoor terraces. Can be partitioned into individual units or one quadraplex.Roofdeck with sweeping city views including direct views of the Empire State Building Brand New Construction Building is fully equipped with all Department of Buildings code requirements: sprinkler system, fire alarms, fire pump, 15,000 gallon suction tank water supply, two elevators with keyed access, two egress staircases.

Listing History for 304 Fifth Ave

Now
06/08/2018
POM by Carrie C. Chiang
Corcoran
02/05/2018
Price Increase by Carrie C. Chiang
Corcoran

Building Details for 304 Fifth Ave

OwnershipMixed Use
Building TypeMid-Rise
Service LevelAttended Lobby
AgePost-War
AccessKeyed Elevator
Year Built2010
Floors/Apts13/4
Learn More About the Building

Transit and Citi Bike

Subway

28 St
0.16 miles
34 St-Herald Sq
0.21 miles
33 St
0.22 miles
28 St
0.28 miles
34 St-Penn Station
0.36 miles

Railroad

Penn StationLong Island Rail Road
0.47 miles

Citi Bike

5 Ave & E 30 St
0.06 miles
E 33 St & 5 Ave
0.09 miles

Contact Agent

Contact Agent

NoMad | Manhattan

Quick Profile

NoMad, North of Madison Square Park, is a rectangular swath of land that is bordered by East 25th Street to the south, East 29th Street to the north, Sixth Avenue to the west, and depending who you ask, Madison or Lexington Avenue to the East. It’s had its acronymed name for over two decades but not every New Yorker calls the neighborhood NoMad.

Historic architecture, trendy hotels and restaurants and high-priced apartments - NoMad wasn’t always the coveted neighborhood that it is today. It’s gone through many transformations over the years. Including a red light district known as the Tenderloin in the 1880’s. It was a popular shopping destination and a place where high society held court in the mid 19th century. It was part of New York City’s Silicon Alley in the 1990’s.

As of lately, world class chefs and restaurants have moved into NoMad. It’s tied with Midtown Manhattan for having the most Michelin stars (six stars to date). Besides NoMad’s architecture, nightlife, and restaurants, we can’t forget the added perk of being close to other great neighborhoods and cultural institutions. NoMad’s central location makes it easier to get just about anywhere in the city. You can walk to Chelsea, West Village, Union Square or Grand Central Station in no time at all. The N, R, 1, 6, B, Q, F, and M are very close or just a few blocks away. Penn Station is also within walking distance.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 70166TH