Overview

New ownership is infusing a new vision into 211 East 43rd Street, conveniently located in Midtown East between Second and Third Avenues. A planned repositioning program, including lobby and façade enhancements and upgrades to the fire and life safety systems, complements recently completed elevator cab and mechanical improvements along with new windows. An ambitious, tenant-friendly turn-key, pre-built program for full and partial floors of 3,000 to 11,000 RSF will appeal to a wide variety of traditional and TAMI tenants seeking open, light-filled space in an exceptional location.

Availabilities

Partial 24th 2,217 RSF PDF
Entire 23rd 5,454 RSF PDF
Partial 20th - B 1,149 RSF PDF
Partial 16th - B 4,855 RSF PDF

Owner:

CP/IPERS ALCHEMY 43rd STREET OWNER LLC

Exclusive Leasing & Management Agent:

Avison Young

Building Size:

215,000 SF

Location:

Block-through between East 43rd Street and East 44th Street between Third and Second Avenues.

Height/ Floor Size:

25 stories with usable terraces located on the 2nd, 8th, 18th, 23rd and 25th floors

Typical Floor Sizes:

Tower: 4,100 - 6,400 RSF
Mid Rise: 6,000 - 8,800 RSF
Base:10,700 - 11,900 RSF

Building Access/ Security

The Building has a manned Lobby security person in attendance 24 Hours/365 Days a year which is supplemented by a security camera system utilizing 32 cameras.

Fire Alarm:

"Class E" Fire Alarm System.

Renovation Summary:

Planned and completed building renovations include:

  • New windows
  • Lobby upgrade
  • New exterior façade
  • Energy effecient lighting
  • New HVAC systems

HVAC

Cooling is provided to the building by a chilled water system that consists of internal chillers built into a rooftop cooling tower. The building can also provide condenser water for tenant supplemental systems. Each floor has air handler units of approximately 20-tons each located within the mechanical closets on each floor.

Electricity

Power is provided by a 5,000-amp, three-phase, 120/208-volt building-owned main switchboard located in the basement.

Telecommunications Providers

The Property is served by several providers, including Verizon FIOS and Time Warner Fiber.

location

Just steps from Grand Central (with its multiple subway and commuter rail options) and the United Nations, 211 East 43rd is equally convenient to a wide variety of dining options from Michelin-rated sushi in the building to grab-and-go lunches and formal business dinners. Daily amenities abound making the building an ideal location for employees throughout the metropolitan area.

Team

Owner: A strategic partnership of alchemy-abr investment partners & clarion partners

Alchemy-ABR Investment Partners

Alchemy-ABR Investment Partners is a partnership of Alchemy Properties, one of New York’s leading development and investment firms led by Kenneth Horn, Joel Breitkopf and Alex Saltzman, and ABR Partners, a New York-based real estate investment and development company led by Brian Ray. The new company is a vertically-integrated real estate and asset management platform harnessing the experience and insight of its individual partners to add value at each step of the investment process.

Clarion Partners

Clarion Partners, an SEC registered investment advisor and FINRA member firm, has been a leading U.S. real estate investment manager for 33 years. Headquartered in New York, the firm has offices in major markets throughout the U.S., in Sao Paulo, Brazil and London, England, as well as a presence in Mexico. With more than $35 billion in total assets under management, Clarion Partners offers a broad range of real estate strategies across the risk/return spectrum to its more than 200 domestic and international institutional investors.

Exclusive Leasing & Management Agent

Avison Young

Avison Young is the world’s fastest-growing commercial real estate services firm. Headquartered in Toronto, Canada, Avison Young is a collaborative, global firm owned and operated by its principals. Founded in 1978, the company comprises 2,000 real estate professionals in 71 offices, providing value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial and multi-family properties.

John D. Ryan, III

212.729.4971 email

Anthony Lopresti

212.729.3901 email

Henry Fuentes

212.729.4560 email