7 Mitchell Place

Completed in February 1929 by John Mead Howells, the Beekman Tower, also known as the Panhellenic Tower, has been deemed an Art Deco landmark by New York City. Built as a residence and clubhouse for women belonging to Greek letter sororities, the Panhellenic Tower is comprised of a 26-story Tower, a 3-story auditorium wing, and a 10-story East Tower. The offering of the East Tower known as 7 Mitchell Place represents a truly uncommon opportunity to acquire part of one of New York's architectural treasures.

Comprising approximately 14,800 square feet across 10 levels not including the basement level, the East Tower was originally arranged as two units per floor and a single unit on the entry level for a total of 19 units. Right now, it has been demo-ed to the brick walls and can be sold as-is, but the owners are moving quickly to finish the units to the same level of finish as the neighboring extended-stay hotel with an expected completion date of late August 2014.

The building measures 22.5 feet wide and is built 70 feet on an 80.83 foot lot. There is an elevator servicing every floor and a service stair which runs the full height of the building. With exposures north, south, east, and west the sunlight in 7 Mitchell Place is present throughout the day. Zoned for residential use only, this is a superb opportunity for to acquire a uniquely large and well-positioned residential space in a prime Beekman location.