Updated 9 years ago
Off Market
251 East 33rd Street
Kips Bay, Manhattan | Third Ave & Second Ave
14,700 Square FeetCommercial
$9,950,000
floors5
Building TypeLow-Rise
RE Taxes$111,576
Price Per SF
$677
Property Description for 251 East 33rd Street
Douglas Elliman Real Estate has been retained by ownership and is pleased to present as exclusive agent the sale of 251 East 33rd Street, a ± 14,700 square foot, five-story elevator office building located in Kips Bay, Manhattan.
The property is situated on the north side of E. 33rd Street between 1st and 2nd Avenues. This area is prime for any medical use as it is located within few blocks of major hospitals and medical professional institutions: NYU Medical Center, the RUSK Institute, Bellevue Hospital, Alexandria Center for Life Science, Hunter College Health Sciences Campus, VA NY Harbor Healthcare System and the NYU College of Dentistry.
Access to this building is enhanced by the close proximity to numerous transportation hubs. Ideally located near the Queens-Midtown tunnel, it is also a few blocks East of the 33rd Street subway station served by the 6 line (10 min from Grand Central), and a block South from the cross-town bus on 34th Street. For Long Island City commuters, the 34th Street East River Ferry Terminal is a short distance from the building.
The building is currently used for medical offices and can be delivered vacant. Zoning permits residential use with a proper C of O. The lot is currently built full featuring a 25 foot frontage on East 33rd Street with a depth of 98 feet.
This building has unique features:
- Currently, three exposures of windows allow maximum natural light - North, East and South.
- Entrance has ADA accessibility access.
- Roof was redone in 2014.
- All the floors are currently configured as medical offices - Most rooms have water access with restrooms in place.
- The useable basement is built with medical offices with water access;
- All current leases are month to month, allowing the new owner to reposition as desired.
The property is situated on the north side of E. 33rd Street between 1st and 2nd Avenues. This area is prime for any medical use as it is located within few blocks of major hospitals and medical professional institutions: NYU Medical Center, the RUSK Institute, Bellevue Hospital, Alexandria Center for Life Science, Hunter College Health Sciences Campus, VA NY Harbor Healthcare System and the NYU College of Dentistry.
Access to this building is enhanced by the close proximity to numerous transportation hubs. Ideally located near the Queens-Midtown tunnel, it is also a few blocks East of the 33rd Street subway station served by the 6 line (10 min from Grand Central), and a block South from the cross-town bus on 34th Street. For Long Island City commuters, the 34th Street East River Ferry Terminal is a short distance from the building.
The building is currently used for medical offices and can be delivered vacant. Zoning permits residential use with a proper C of O. The lot is currently built full featuring a 25 foot frontage on East 33rd Street with a depth of 98 feet.
This building has unique features:
- Currently, three exposures of windows allow maximum natural light - North, East and South.
- Entrance has ADA accessibility access.
- Roof was redone in 2014.
- All the floors are currently configured as medical offices - Most rooms have water access with restrooms in place.
- The useable basement is built with medical offices with water access;
- All current leases are month to month, allowing the new owner to reposition as desired.
Listing History for 251 East 33rd Street
Now
04/16/2017
POM by Daniela Kunen
Douglas Elliman
01/16/2017
Expired by Daniela Kunen
Douglas Elliman
Building Details for 251 East 33rd Street
OwnershipCommercial
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1920
Floors5
Transit and Citi Bike
Subway
33 St
0.3 miles
28 St
0.41 miles
Grand Central-42 St
0.48 miles
Citi Bike
2 Ave & E 31 St
0.11 miles
E 33 St & 1 Ave
0.14 miles
Ferry
East 34th Street
0.31 miles
Kips Bay | Manhattan
Quick Profile
If you take a walk through Kips Bay, which is loosely defined as the area between 23rd street and 34th street and the East River to almost Lexington, you’ll quickly learn it's a hodgepodge of sorts and not as well defined as other neighborhoods in New York City. Some New Yorkers say Kips Bay has an identity crisis because 1st, 2nd, and 3rd avenues are distinctly different from one another as you traverse them. Despite the perceived lack of neighborhood vibe there are others that appreciate its affordability and convenience.
First Avenue is dominated by hospitals and hospital buildings such as NYU Medical Center and Bellevue Hospital to name a few. Second Avenue is a mosaic of convenience stores, fast food joints and nondescript brick buildings. Third Avenue is saturated with small bars and gastropubs and the twenty somethings that patronize them.
No judgement against Kips Bay here. It’s a great neighborhood that is just as much a part of New York City as any other neighborhood. Kips Bay It’s bordered by Murray Hill to the North, Stuyvesant Town and Gramercy Park to the South, and Rose Hill to the West. The neighborhood is partly defined by newer high-rise apartments, brick rowhouses, and former tenement buildings.
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: 64994TH
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