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438 West 51st Street

Floor/Suite: 

Partial 2nd Floor (Back)

Size: 

4,010 RSF

Lease type:

Direct

Condition:

White-boxed

Asking rent:

$55 PSF / $18,379 per month

  • New Construction – Handicap Accessible, new elevators and Article 28 approved Building.
  • Surgery Center on-site unaffiliated with any hospitals – Focused on Ortho, Spine & Pain Related Surgeries
  • Seeking $55 + Electric (separately metered)
  • Landlord will deliver a white box.
  • Tenant will build-out its space to its specifications.
  • In lieu of OPEX there will be 3.0% annual rent increases and a $5 rent increase in year 6.
  • Nine (9) months of Free Rent is being Offered in lieu of TIs.
  • Term: 10 years or more.
  • 438 West 51st Street
  • west 51st Street between 9th and 10th Avenues
  • Owned by: Sovereign Health System
  • Class: B
  • 36,000 Total RSF
  • 5 floors
  • Amenities: Newly-renovated lobby

Building Details

  • Built to Suit Medical Suites in a brand new 36,000 SF Medical Office Redevelopment on the Upper West Side.
  • The property is located on West 51st Street between 9th and 10th Avenues, seven blocks south of Mount Sinai West.
  • The project is anchored by a two floor Ambulatory Surgical Center.
  • Come design and build your perfect suite in this Class A Medical Office Building.
  • The redevelopment of a document storage facility included all new mechanicals including elevators, new windows and modern common areas.

As of 11-15-2023