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Building within a building opportunity including private entrance, significant signage, and control of future growth
850 Third Avenue
Floor/Suite:
Entire 12, 17 & 21
Size:
8,437 – 31,293 RSF
Lease type:
Direct
Condition:
Built
- 850 Third Avenue
- between East 51st and 52nd Streets
- Owned by: HPS Investment Partners and Waterman Interests, supported by New York City’s M-CORE program via NYCEDC
- Class: A
- 605,000 Total RSF
- 21 floors
- Amenities: Lobby Attendant 24/7, On-site Restaurant, Roof deck / Terrace, Newly-renovated lobby
Building Details
Redevelopment Overview:
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- JV between WatermanClark and BlackRock/HPS owns 100% of the building with no debt
- Complete redevelopment is underway which will include
- New façade and windows: exterior façade will resemble 399 Park Avenue
- Newly designed and enlarged lobby with integrated restaurant / food and beverage concept
- All new floor-by-floor DX units for low cost and efficient operating requirements
- Modernized elevators and mechanical systems
- Curated amenity program including a 14,000 SF conference facility
- Multiple private terrace opportunities along with the ability to create loggias for year-round fresh air accessibility
Noah Co. does not exclusively represent the space or building listed above.
As of 04-9-2026