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| 885 10th Avenue, Midtown West Neighborhood, Manhattan, NYC |
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| Eric Anton |
NEW YORK, NY –– Holliday
Fenoglio Fowler, L.P. (HFF) announced it has been named to market for sale 885 10th Avenue, a newly-renovated,
six-story, 37,000-square-foot, elevator mixed-use residential and retail
building located on the southwest corner of 58th Street and 10th Avenue in
Manhattan’s Midtown West neighborhood.
885 10th Avenue is
situated to the west of the Midtown office market, south of Lincoln Square and
the Upper West Side residential neighborhoods, east of the West Side Waterfront
and north of the Hudson Yards mixed-use project.
The property has 36
newly-upgraded, 97-percent-leased one- and two-bedroom units, which feature
chef-style kitchens with Caesarstone countertops and stainless steel
appliances; stone-tiled bathrooms with custom Carrera marble vanities; and
wide-plank oak flooring.
Other amenities include a
new roof deck, laundry facilities, bike/general storage and a smartphone-based
intercom system. Additionally, the
property has two ground-floor retail spaces that are 100 percent leased and
approximately 19,700 square feet of buildable air rights.
The HFF investment sales
team representing the seller is led by senior managing director Eric Anton, managing director Jeff Julien and associate director Steven Rutman.
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| Jeff Julien |
“885 10th Avenue is
located on a prize corner, offering an owner upside from both retail and
residential rents that are currently significantly below market, as well as
future profits from the intact air rights.
"Furthering its appeal, the building has been completely renovated to
luxury condominium standards and offers residents the ability to walk to work
anywhere on Manhattan’s booming west side,” said Anton.
For a complete copy of the company’s news release,
please contact:
Olivia Hennessey
Public Relations
Coordinator
HFF | 9 Greenway Plaza
Suite 700 | Houston, Texas 77046
tel 713.852.3403 | fax
713.527.8725 | www.hfflp.com
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