table of contents - the besen group€¦ · this beautiful five-story vacant elevatored commercial...
TRANSCRIPT
TABLE OF CONTENTS
Property Overview
Transportation
Aerial and Street Map
Subway and Bus Map
Retail Map
Property Photos
Neighborhood - Fashion District
About Besen Retail
Contacts
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13 West 38th Street
PROPERTY OVERVIEW
Besen Retail is pleased to announce its latest exclusive - a unique opportunity in the heart of
midtown Manhattan and the Fashion District. 13 West 38th Street is located adjacent to the
iconic Lord & Taylor at Fifth Avenue, and on the same block as the newly built Archer Hotel
New York. This beautiful five-story vacant elevatored commercial building is ideally situated to
be your flagship location or destination restaurant catering to the energy and excitement of
the Fashion District and beyond. There are a dozen+ hotels within 2 blocks of the property,
including the Refinery Hotel just down the street and the Hotel Hendricks poised for
completion in 2019 into a 176-key full service boutique hotel at 25 West 38th Street.
Size - Approximately 7,500 SF with 2,100± SF in the basement
Individual or Multiple Floors For Lease
Asking Rent Per Month – 1st Floor $16K | 2nd Floor $12K | 3rd Floor $8K | 4th Floor $8K | 5th Floor $8K
13 WEST 38TH STREET HIGHLIGHTS:
• Fully renovated top to bottom
• Fully upgraded elevator servicing all floors and basement
• Large picture windows on each floor with panoramic views of the Empire State Building
• Two skylights on the second and fifth floors with additional views of the Empire State Building
• Spacious roof with incredible views
• DGAPass Managed Access security system, with card-key access, alarm system and
mounted cameras
• Twelve Mitsubishi HVAC air handlers, with two 12-ton condensers
• Fully upgraded electric throughout the building with 100 AMPS per floor
• Two illuminated light boxes plus flagpole for superior branding
• Renovated basement with new RockSolid Polycuramine flooring and HVAC
• Real Estate Taxes (16/17) - $108,738
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Subways & Trains
There is an array of transportation opportunities for
retailers, tourists, travelers, business people and local
employees for the area surrounding 13 West 38th
Street. Subway stops on the 4,5,6,7,S,B,D,F,M,A,C,E
and 1,2,3 trains are all located within blocks of the
property. The closest subway stations are at Grand
Central Station, Bryant Park, Times Square, Port
Authority, Herald Square, and Penn Station. Grand
Central Station at 42nd Street between Park and
Lexington Avenues services the 4,5,6,7 & S trains,
Bryant Park at 42nd Street between 5th & 6th Avenues
services the B,D,F,M & 7 trains, Times Square at 40th
to 42nd Streets between Broadway and 7th Avenue
services the N,Q,R,1,2,3,7 & S trains, Port Authority at
42nd Street and 8th Avenue services the A,C,E trains,
Herald Square at 34th Street and 6th Avenue services
the B,D,F,M trains, and Penn Station at 33rd to 34th
Streets between 7th & 8th Avenues services the 1,2,3 &
A,C,E trains. The 6 trains stops at Park Avenue & East
33rd Street.
Additionally, PATH trains to New Jersey can be
accessed at Sixth Avenue and 32nd Street.
Bus Service
MTA Manhattan Bus lines run north and south along
Fifth Avenue (M1,M2,M3,M4,M5,Q32), Sixth Avenue
(M5,M7), and Madison Avenue (M1,M2,M3,M4,Q32),
and the cross-town buses run east and west along 34th
Street (M34) and 42nd Street (M42). The Port Authority
Bus Terminal, New York’s main bus terminal, is located
on 42nd Street and Eighth Avenue offering commuter
bus service to suburban New York and New Jersey, as
well as national bus service throughout the country.
TRANSPORTATION
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AERIAL & STREET MAP AND TRANSPORTATION
Lord & Taylor
BCBG-MAXAZRIABryant ParkResidence Inn
Hotel HendricksTo Be Completed 2019
Refinery Hotel
Langham Hotelaka The Setai
13 West 38th Street
Archer Hotel
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SUBWAY & BUS MAP
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RETAIL MAP
13 West 38th Street
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FIRST FLOOR – ENTRANCE1,900± Square Feet
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FIRST FLOOR – STAIRCASE
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FIRST FLOOR – STAIRCASE
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SECOND FLOOR - STAIRCASE1,800± Square Feet
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FIRST FLOOR – STAIRCASE
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THIRD FLOOR - STAIRCASE1,200± Square Feet
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FIRST FLOOR – STAIRCASE
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FOURTH FLOOR - KITCHEN1,200± Square Feet
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FIRST FLOOR – STAIRCASE
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FIFTH FLOOR - SKYLIGHT1,200± Square Feet
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FIRST FLOOR – STAIRCASE
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USABLE BASEMENT2,100± Square Feet
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FIRST FLOOR – STAIRCASE
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ROOF
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NEIGHBORHOOD
THE FASHION DISTRICT
The Fashion District, also known as
the Fashion Center, the Garment
District, or the Garment Center, is
a neighborhood located in
the borough of Manhattan in New
York City. The dense concentration
of fashion-related uses gives the
neighborhood its name. The
neighborhood, less than 1 square
mile (2.6 km2), is generally
considered to lie between Fifth
Avenue and Ninth Avenue,
from 34th to 42nd Streets.
The neighborhood is home to many of New York City's showrooms and to
numerous major fashion labels, and caters to all aspects of the fashion process
from design and production to wholesale selling. The Fashion District has been
known since the early 20th century as the center for fashion manufacturing
and fashion design in the United States, and even the world; no other city has a
comparable concentration of fashion businesses and talent in a single district.
The Fashion District is easily accessible, being within walking distance
from Pennsylvania Station, serving the New Jersey Transit, Amtrak, and Long
Island Rail Road; and from the Grand Central Terminal, serving the Metro-North
Railroad. The New York City Subway, Port Authority Bus Terminal, and PATH are
also within walking distance.
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We provide expertise in all facets of leasing space to find creative solutions to the retail challenges of both tenants
and landlords. At our core is a proven knowledge of local and regional markets that is continually updated by
studying demographics, vacancy rates, trends and comparables, all of which are used to determine present market
value.
Since our inception, we have successfully represented real estate owners and asset managers of all sizes, from
large portfolios and investment funds to smaller family-owned portfolios and investment groups, as well as first-time
owners. Our success as a traditional landlord rep firm quickly resulted in a burgeoning tenant rep business.
Passion for retail. Highly personalized service. A keen
understanding of our clients' needs.
Besen Retail was formed in 2005 on these very principles,
and has a strong reputation for proven success representing
landlords, property managers and retailers throughout New
York. As leasing specialists, we provide the right
representation, the right strategy and the right results.
For more information, contact:
Matthew Mager, Executive Director | (646) 472-8735 | [email protected]
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CONTACTS
Paul Nigido
Senior Financial Analyst
(646) 424-5350
Zachary Ebner
Associate
(212) 213-6480
Jared Rehberg
Marketing Manager
(646) 424-5067
Matt Mager
Executive Director
(646) 472-8735
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Jack A. Cohen
Director
(646) 472-8737
Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable, no express representation
is made nor is any implied as to the accuracy thereof and is subject to error, omissions, change of price, rental or other conditions, prior
sale, rental or financing or withdrawal without notice.