York Hills and Cloister Gardens
Various locations
Portfolio description
Jones Lang LaSalle (“JLL”) has been exclusively retained by Delv Holdings to identify a purchaser for 346 Madison Avenue and 11 East 44th Street (the “Site,” or the “Development”). The Site is presently improved with two existing office buildings that collectively comprise a 21,269 square foot development assemblage situated on the northwest corner of 44th Street and Madison Avenue in the Greater Midtown East Rezoning District and located one block west of Grand Central Terminal, New York’s preeminent local and regional transit hub.
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Attributes
Building area gross
25,151 sm
Year built
1921
44 + Mad (2 Properties)
44 + Mad (2 Properties)
Media
Investment highlights
- Rare Opportunity to Acquire Corner Development Site One Block from Grand Central Terminal
- Differentiated Size & Scale: 700,000 NRSF Offers Attractive Scale and Boutique Experience
- 11M SF of Development Coming Online in Manhattan Over Next Five Years; Only 16% of that Product is Between 250K SF and 1M SF
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Last updated
May 21, 2024
