211 E 43rd Street

211 E 43rd Street, New York City, NY 10017

The Anton Group at Marcus & Millichap has been exclusively retained by Ownership to recapitalize the Leasehold interest in 211 E 43rd Street (the Property), located one block from Grand Central Station and the United Nations at East 43rd Street and Third Avenue. Every day, more than 1.5 million people pass through Grand Central Station.

211 E 43rd Street, a 25-story, through-block building, encompassing 210,031 rentable square feet, demonstrates strong occupancy metrics with a 71% lease rate. The Property provides a diverse range of floorplans, varying from 4,100 to 11,900 square feet, effectively accommodating a broad spectrum of tenant requirements, from smaller enterprises to larger organizational footprints. The tenant roster is diversified, spanning government agencies, medical practices, technology firms, and real estate companies, underlined by a solid weighted average lease term of 4.3 and 9.9 years for office and retail tenants, respectively.

Substantial capital improvements have been undertaken, including a comprehensive refurbishment of the lobby and façade, upgrades to mechanical systems and the installation of new windows, reflecting a commitment to maintaining the property at a competitive standard in the market. In addition, Ownership has recently renovated approximately 32 suites / 125,100 RSF.

The retail component of 211 E 43rd Street, totaling 11,616 square feet, is fully occupied by high-profile Japanese restaurants, including Sakagura, which has been a landmark sake bar in New York City for 27 years. This aspect of the asset adds a dynamic retail dimension to the investment.

This acquisition presents an opportunity for recapitalization in partnership with an institutional real estate investor, offering potential investors a chance to engage in a strategic real estate investment in Manhattan.

Interested parties are invited to contact Eric Michael Anton at 212-430-5209 or Ben Haggard at 212-430-5106 for detailed information and to discuss the investment opportunity further.

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Contacts

broker

Ben Haggard

Marcus & Millichap

(212) 430-5106

Location

Getting Around

  • Walk Score ®

    100/100 Walker's Paradise

  • Transit Score ®

    100/100 Rider's Paradise

  • Bike Score ®

    79/100 Very Bikeable
Powered by Walk Score ®
  • City New York City, NY
  • Neighborhood Turtle Bay
  • Zip Code 10017
  • Market Manhattan

Points of Interest

  • Grand Central 43rd Street / Lexington Avenue entrance

    0.15 miles

  • 42nd Street–Grand Central

    0.15 miles

  • Grand Central Terminal

    0.24 miles

  • Grand Central 42nd Street entrance

    0.24 miles

  • Grand Central 43rd Street / Vanderbilt Avenue entrance

    0.27 miles

  • Grand Central 42nd Street / Vanderbilt Avenue entrance

    0.28 miles

  • Grand Central

    0.28 miles

  • East 50th Street & Lexington Avenue at Northwest Corner

    0.38 miles

  • East 51st Street & Lexington Avenue at Southeast Corner

    0.40 miles

  • 51st Street

    0.41 miles

  • Tesla Supercharger

    0.17 miles

  • ChargePoint

    0.27 miles

  • Bus Charging Station

    0.30 miles

  • ChargePoint

    0.49 miles

  • ChargePoint

    0.51 miles

  • ChargePoint

    0.63 miles

  • ChargePoint

    0.76 miles

  • ChargePoint

    1.04 miles

  • BP

    1.12 miles

  • ChargePoint

    1.13 miles

  • intlFcstone 10022 LOCi Multi

    0.09 miles

  • Quik Park Garage

    0.17 miles

  • icon 24hr Parking

    0.21 miles

  • 20th Century Garage

    0.26 miles

  • Icon Parking

    0.30 miles

  • Central Parking

    0.48 miles

  • Select Garages

    0.48 miles

  • Hippodrome Parking

    0.57 miles

  • NYU Langone Parking Lot D

    0.58 miles

  • Red Ball Garage

    0.63 miles

  • Hampton

    0.06 miles

  • EVEN Hotel Midtown East

    0.06 miles

  • The Westin New York Grand Central

    0.08 miles

  • Club Wyndham Midtown 45

    0.11 miles

  • Fitzpatrick Grand Central Hotel

    0.12 miles

  • United Nations Apartment Hotel

    0.14 miles

  • Westgate New York Grand Central Hotel

    0.14 miles

  • Club Quarters Hotel

    0.15 miles

  • Grand Hyatt New York

    0.17 miles

  • Vanderbilt YMCA

    0.18 miles

  • Luke's Lobster

    0.01 miles

  • Osteria Laguna

    0.05 miles

  • Pret A Manger

    0.05 miles

  • NAYA Express

    0.05 miles

  • Wok To Walk

    0.05 miles

  • Amaze

    0.06 miles

  • Le Botaniste Organic Vegetarian Wine Bar

    0.06 miles

  • Minar

    0.06 miles

  • 44 Street Pizza

    0.06 miles

  • Tacos Grand Central

    0.06 miles

  • Lyceum Kennedy International School

    0.04 miles

  • Lyceum Kennedy French American School

    0.07 miles

  • Public School 18

    0.38 miles

  • Stern College Yeshiva University

    0.45 miles

  • United Nations School

    0.46 miles

  • The River School

    0.47 miles

  • Public School 116

    0.54 miles

  • Norman Thomas High School

    0.54 miles

  • CUNY Graduate School and University Center

    0.57 miles

  • Stella and Charles Guttman Community College

    0.58 miles

  • Everbrook Academy

    0.25 miles

  • Gymboree

    0.25 miles

  • Wee Ones Club

    0.40 miles

  • St Vartan Play Group Preschool

    0.44 miles

  • Alpha Bet Preschool of Murray Hill

    0.71 miles

  • Push My Swing

    0.77 miles

  • NY Kids Club

    0.82 miles

  • The Accorn School

    0.88 miles

  • NY Kids Club

    0.98 miles

  • My Treehouse

    1.12 miles

Frequently Asked Questions

What is the total square footage of 211 E 43rd Street?

211 E 43rd Street totals 210,031 square feet.

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Contact Listing Broker

broker

Ben Haggard

Marcus & Millichap

(212) 430-5106