Page 33 - Venture Capital Properties

417 fifth avenue Carmine Street new york, ny new york, new york Address Address 417 Fifth Avenue 80 Carmine Street New York, NY New York, New York Sales Price Sales Price $140,000,000 $7,600,000 Building Size Building Size 411,537 SF 8,000 SF Building Use Building Use Class A Office Retail Condo Seller Seller The Moinian Group Private Investor Buyer Buyer Affiliate of the Carlos Slim Al Rose Group Organization. This prestigious 11-story Class A Office building is prominently located This building is a one story vacant retail building with approximately 8,000 on Fifth Avenue in Midtown Manhattan. The building was delivered sf with approved plans to build an additional 1,200-1,500 sf with 12 foot approximately 96 percent leased with the potential to raise many lease ceilings. The retail outlet is located on a busy intersection with over 135 amounts to market rates. feet of frontage on Varick and Carmine Streets. With this prime location and square footage available, this property has become an excellent investment for the owner. 32 © 2016 VENTURE CAPITAL PROPERTIES WWW.VCPRE.COM 33