Located between Lexington and Park Avenues, this 2,589 sq ft commercial condominium on the ninth (9th) floor at 110 East 40th St presents an exceptional opportunity within the prestigious Grand Park Condominium. Positioned amidst the bustling heart of New York City, this property embodies the historic, economic, cultural, and optimistic spirit of the Grand Central area, making it an ideal investment for medical professionals, non-profits, investors, or any professional service.

The unit, nestled within the Grand Park Condominium, offers a versatile space suitable for various purposes and can be delivered vacant or with the option for a sale leaseback, ensuring immediate cash flow. Boasting a prime location, the property is surrounded by renowned dining establishments, including the world-famous Grand Central Oyster Bar and casual eateries, with Fifth Avenue shopping within walking distance and Bryant Park hosting bustling seasonal markets.

Comprising 2,589 sq ft, the commercial condominium features a full gut renovation completed in 2013, providing a move-in-ready space equipped with modern amenities and infrastructure. Enjoy ample natural light and air, individual temperature control in each office and conference room, and a fully equipped pantry with a refrigerator, coffee center, and leased water filter/cooler.

The building itself offers secure access with a 24/7 lobby attendant, two elevators servicing the premises, and low monthly maintenance fees covering heat and water. Additionally, the property benefits from proximity to Grand Central Terminal, providing access to Metro-North and LIRR trains, various bus lines, and subway stations servicing multiple routes.

Ideal for a wide range of occupiers, including medical, legal, consulting, and technology firms, this commercial condominium presents an outstanding opportunity to establish your business in a highly desirable location within New York City. Don't miss the chance to make this prime commercial space your own and capitalize on its strategic positioning in one of Manhattan's most vibrant neighborhoods.

The commercial condominium at 110 East 40th St underwent a full gut renovation in 2013, ensuring a modern and functional workspace. This renovation included a completely new electrical system, providing reliability and safety throughout the office.

Inside the unit, there are two glass conference rooms, ideal for meetings and collaborations. Additionally, there are two large and two medium-sized private offices, each offering window views, providing a comfortable and inspiring environment for work.

With its prebuilt space, the office condo can accommodate up to 13 people comfortably, making it suitable for various professional activities. Furthermore, the space features GB wiring for data and phones, ensuring seamless connectivity for modern business operations.

A HUGE utility closet is also available, providing ample storage for servers, copiers, and other office equipment. This meticulously renovated office condominium offers the perfect blend of functionality and style, making it an ideal choice for businesses seeking a prime location in the heart of New York City.

Space Features:

• 2589 sq ft commercial condominium for sale
• Located on the penthouse floor
• Ideal for medical, nonprofits, investors, or any professional service
• Can be delivered vacant
• Prime location near Grand Central Terminal
• Easy access to multiple train and bus lines
• Proximity to New York Public Library and Bryant Park
• Short walk to Times Square
• Close to United Nations and prestigious hospitals
• Secure lobby with 24/7 attendant
• Two elevators servicing the building
• Suitable for various occupiers including medical, legal, and technology firms
• Low monthly maintenance fee
• Full gut renovation completed in 2013
• Modern electrical system with surge suppression
• GB wiring for data and phones
• Two glass conference rooms for meetings
• Comfortably accommodates up to 13 people
• Abundance of natural light and air
• Individual temperature control in each office and conference room
• Fully equipped pantry with refrigerator and coffee center
• Two in-unit restrooms including ADA restroom
• Keyless entry for added security
• Affordable monthly maintenance fee covers heat and water
• Estimated property tax for 2024/2025 is $1,680/month