THIRD AVENUE AT 60TH STREET
New York, New York
Regional Market / Submarket: New York City, Manhattan
Year Built, Renovated: 1986
Gross Leasable Area: 52,317 square feet
Population (0.25 miles): 15,969
Ave HH Income (0.25 miles): $160,910
Key Tenants: Dylan’s Candy Bar, Starbucks
Third Avenue at 60th Street is a mixed use building that straddles the border of Midtown’s core Central Business District and the Upper East Side. Located directly across 3rd Avenue from Bloomingdale’s midtown flagship store, the property boasts an unparalleled proximity to CBD office, upscale retail / dining, luxury residential and transportation. The 59th Street Subway station (New York City’s fifth busiest subway station) and the M15 express bus both stop directly in front of the building. The property is comprised of 52,317 square feet of commercial space on three floors of a 43-story luxury residential building which was originally developed by Olshan Properties in 1986. There are additional commercial spaces in a four story residential building adjacent to the property located at 205-211 E. 60th Street.
About the Trade Area:
The Upper East Side is one of Manhattan’s prime retail and residential districts renowned for its luxury apartment buildings, elegant townhouses, museums, galleries, restaurants, and retail stores.The 4/5/6 and N/Q/R subway lines connect the neighborhood with greater Manhattan and the surrounding boroughs. Extensive bus services are also available along Third Avenue and 57th Street. Vehicular access is convenient, with the FDR Drive to the east which least to the 59th Street Bridge, as well as the Brooklyn, Manhattan, and Williamsburg Bridges to the South and the Tri-Borough Bridge to the North.