Marcus & Millichap is pleased to exclusively offer for sale 115 East 69th Street, a prominent office building in New York’s prestigious Upper East Side neighborhood. Built in 1902, the property spans approximately 10,627 square feet on a 20-foot by 100-foot lot. The asset is in a highly desirable location between Park Avenue and Lexington Avenue with a remarkable “Walk & Transit” score of 100.
The property is currently a single-tenant office building with front and back room operations for more than 20 employees. However, the building’s versatility will allow a new owner to reconfigure the site, either by leasing to multiple office tenants to reduce vacancy risk and maximize square footage or by converting to separately sold single-family condominiums. The property is currently owner-occupied and has the option to be delivered vacant upon sale, allowing a new owner to undergo changes immediately. 115 East 69th Street’s location within the Upper East Side provides residents and commuters with easy access to nearby schools, public transit, entertainment and hospitals. The property is near many of the most exclusive private schools in New York City.