New York, NY – July 10, 2018 – Cushman & Wakefield today announced that the real estate services firm has been retained on an exclusive basis to sell a six-story commercial townhouse located at 23 East 67th Street. The asking price for the property is $45 million.
A Cushman & Wakefield team lead by Executive Managing Director Guthrie Garvin will be leading the marketing efforts for the 10,944-square-foot property.
“23 East 67th Street is fully leased to a variety of high-end retailers and art galleries. It is a high producing, fully occupied asset that will be sought after due to its heavy cash flow and unparalleled location,” said Guthrie Garvin of Cushman & Wakefield.
The six-story property, with elevator, is located on the north side of East 67th Street between Fifth and Madison Avenue. The property is entirely leased and recently underwent renovation. The lot size is 2,008 square-feet with the gross square footage totaling 10,944 square feet. Each floor is between 1,590 square-feet and 1,740 square-feet.
Located in the heart of Upper East Side, 23 East 67th Street is located near Central Park and Museum Mile. The area offers an abundance of dining, entertainment and retail options, located just steps away the main shopping corridor of Madison Avenue. The location is in proximity to the F, Q, 4, 5 and 6 subway lines.
About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm that delivers exceptional value by putting ideas into action for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with 48,000 employees in approximately 400 offices and 70 countries. In 2017, the firm had revenue of $6.9 billion across core services of property, facilities and project management, leasing, capital markets, advisory and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.