16 West 39th Street

Colliers and B6 Real Estate Advisors have been exclusively retained to market the sale of 16 West 39th Street in Manhattan, NY (the “Property”) for $32.5 million. The Property is a 12-story (plus leasable lower level) office building consisting of 55,100 above-grade rentable square feet and will be delivered vacant. The Property offers 11.5’ – 17.5’ ceilings, open floor plates, three-side exposure above the fourth floor, two passenger elevators, and one freight elevator. The Property benefits from recent capital improvements, including modernized elevator systems, upgraded
air conditioning, a new autonomous smoke and fire detection system, and a new 2,000-amp electric service.

Situated on the south side of West 39th Street between Fifth Avenue and Sixth Avenue, the Property is anchored by Bryant Park, Grand Central Terminal, and Times Square, offering convenient accessibility via the Metro-North commuter rail serving Westchester, NY, and Fairfield and New Haven Counties in CT, and virtually every subway line in the city.

Bryant Park, which draws more than 12 million visitors per year, is one of the most sought-after destinations for office tenants. Park access, combined with its central location within Manhattan, has attracted notable firms such as Bank of America, Salesforce, Verizon, Bain & Company, and CIT Bank. Most recently, Amazon purchased 424 Fifth Avenue for $978 million to repurpose as its New York City headquarters, emphasizing the desirability of the area.

Available