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633 THIRD AVENUE THE ±38,478 RSF 18TH AND 19TH FLOOR OFFICE CONDOMINIUM FLOORS CAN BE SOLD INDIVIDUALLY 633 THIRD AVENUE NEW YORK, NY 18TH AND 19TH FLOOR OFFICE CONDOMINIUM

PROPERTY INFORMATION

The entire easterly block front of Third Avenue between Location East 40th and East 41st Streets Unit 18TH FLOOR 19TH FLOOR PACKAGE TOTALS Block / Lot 1314 / 1417 1314 / 1418 Rentable Square Feet (approx.) 18,680 19,798 38,478 Common Interest 1.768% 1.873% 3.6410% R/E Taxes (18/19) Per Year $253,284 $268,332 $521,616 Per Month $21,107 $22,361 $43,468 Per RSF $13.56 $13.55 $13.56 Common Area Charges Per Year $160,938 $160,938 $321,876 Per Month $13,412 $13,412 $26,823 Per RSF $8.62 $8.13 $8.37 Total Carry Costs Per Year $414,222 $429,270 $843,492 Per Month $34,519 $35,773 $70,291 Per RSF $22.17 $21.68 $21.92 Asking Prices $17,750,000 $18,750,000 $36,500,000 Per RSF $950 $950 $950

UNIT FEATURES • Delivered Vacant. Full-floor units overlooking Third Avenue with 360° views. • Turn-key existing office installation or customizable to your needs. • 10’ ceilings slab-to-slab. • Full height windows on all four sides - Excellent light and views. • Existing internal staircase (can be removed) • Flexible open layouts perfect for a wide range of owner occupiers/tenants, including government, legal, consulting, Not-For-Profits, TAMI (technology, advertising, media and information) and FIRE (financial services, insurance and real estate) uses. BUILDING HIGHLIGHTS • World class location in a mid-town Manhattan high-rise Class A office building on Third Avenue. • High security, 2-story lobby with 24/7 service. • Full modern building systems. • HVAC: Base building hours provided weekdays from 8am-6pm • Two blocks from Grand Central Terminal, 5 subway lines and the Hudson, Harlem, and New Haven lines on Metro North. • Steps form the UN and within a few blocks to many of New York’s prestigious hospitals. • Access to Dock’s Oyster Bar & Seafood Grill, NY Sports Club and Chase Bank through the lobby.

ForFor More More Information, Information, Please Please Contact: Contact: CushmanCushman & Wakefield & Wakefield John F. Ciraulo Craig M. Waggner Douglas A. Blankrot Lou D. Magarelli 1290 275Avenue Madison of the Ave, Americas 3rd Fl Vice Chairman Director Senior Associate Associate New York,New York,NY 10016 NY 10016 212 660 7700 212 660 7744 212 589 5157 212 307 8167 phone:phone: +1 212 +1 696 212 2500 696 2500 [email protected] [email protected] [email protected] [email protected] nyinvestmentsales.comnyinvestmentsales.com CushmanCushman & & Wakefield Wakefield CopyrightCopyright 2015. 2015. NoNo warrantywarranty or or representation, representation, express express or or implied, implied, is is mademade to to the the accuracy accuracy or or completeness completeness of of the the information information contained contained herein, herein, and and same same is is submitted submitted subject subject to to errors, errors, omissions, omissions, changechange of of price, price, rental rental or or other other conditions, conditions, withdrawal withdrawal without without notice, notice, and and to to any any special special listing listing conditions conditions imposed imposed by by the the property property owner(s). owner(s). As As applicable, applicable, we we make make no no representation representation as as to to the the condition condition of of the the property property (or(or properties) properties) in in question. question. 633 THIRD AVENUE NEW YORK, NY 18TH AND 19TH FLOOR OFFICE CONDOMINIUM

INVESTMENT SUMMARY THE COMMERCIAL CONDOMINIUM

Cushman & Wakefield has been exclusively retained to sell Each floor in 633 Third Avenue is a separate condominium the condominium ownership interest in floors eighteen (18) unit. CASA owns their units, floors eighteen and nineteen, and nineteen (19) at 633 Third Avenue (“The Property”). and the associated common areas, representing an The Class A office condominium is located on Third Avenue approximate 3.64% condominium ownership interest in the within one of the most highly desired submarkets in building. The subject units are identified as Block 1314, Lots Manhattan, the Grand Central Submarket, just east of Bryant 1417 and 1418 on the tax maps of NYC. The eighteenth floor Park and west of the United Nations. The Property is being measures approximately 18,680 RSF while the nineteenth sold by The National Center on Addiction and Substance floor measures approximately 19,798 RSF. Abuse (“Owner” or “CASA”), a national nonprofit research and policy organization, which has occupied the units since Other Owners of condominium interests in the building 1999. The two floors are connected via an internal staircase, include Memorial Sloan-Kettering Cancer Center, the New contain approximately 38,478 rentable square feet of office York State Governor’s Office, Empire State Development space and will be delivered vacant by May, 2019. The floors Corporation, UNICEF, The World Zionist Organization as well may be sold together or individually. as many other consulates, missions, For- and Not-For-Profit organizations.

For More Information, Please Contact: CushmanCushman & Wakefield & Wakefield John F. Ciraulo Craig M. Waggner Douglas BlankrotA. Blankrot Lou D. Magarelli 275 Madison Ave, 3rd Fl Vice Chairman Director Senior Associate Associate 1290 Avenue of the Americas New NewYork, York, NY 10016 NY 10016 212 660 7700 212 660 7744 212 589 5157 212 307 8167 phone:phone: +1 212 +1 696 212 2500696 2500 [email protected] [email protected] [email protected] [email protected] nyinvestmentsales.comnyinvestmentsales.com Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question. 633 THIRD AVENUE NEW YORK, NY 18TH AND 19TH FLOOR OFFICE CONDOMINIUM

THE PROPERTY

The Building is a 41-story steel frame office tower located on the easterly block front of Third Avenue between 40th and 41st Streets in the Grand Central office district of Manhattan. The subject premises consists of ±38,478 RSF situated within a ±1,013,629 square foot Class A office building that was constructed in 1960. Floors range in size from 17,060 to 44,479 RSF. 633 THIRD AVENUE NEW YORK, NY 18TH AND 19TH FLOOR OFFICE CONDOMINIUM

OFFERING PROCESS

The Property is being offered on an 633 Third Avenue “as-is” basis with vacant possession 41 by May 2019. The asking price is $950/ 40 RSF, however we will be entertaining 39 offers as they are submitted. All 38 interested parties are encouraged to 37 tour the building and review the due 36 diligence materials. Due to special 35 IDA bond financing that needed to be 34

paid off by the Seller, the Closing must 33

occur after May 2, 2019. 32

CONDOMINIUM 28 UNITS OFFERED 27

Units being offered for sale create 25 a contiguous block of office space 24 measuring approximately 38,478 23 rentable square feet. The office floor 22

measurements, with a 27% loss factor, 21

are as follows: 20

19,357 RSF 19,357 18

19,715 RSF 19,715 Floor 18 18,680 17

Floor 19 19,798 16

8 633 THIRD AVENUE NEW YORK, NY 18TH AND 19TH FLOOR OFFICE CONDOMINIUM

GENERAL INFORMATION Address 633 Third Avenue, New York, NY 10017

Tax Map Number Block 1314, Lots 1417 and 1418

Location Entire Easterly block front of Third Avenue between 40th & 41st Streets

Building Size Approximately 1,013,629 square feet

Building Height 41 stories

Year Built 1962, designed by Harrison and Abramowitz ARCHITECTURAL / STRUCTURAL Zoning C5-3 Commercial (R10 Equivalent) Construction Steel frame and reinforced concrete slab floors Owner Commercial Condominium: Floors 18 – 19 The National Exterior Walls Center on Addiction and Substance Abuse. Other The exterior façade consists of green glazed prestigious owners include Memorial Sloan-Kettering brick and glass panels. Windows are fixed double Cancer Center, the New York State Governor's Office, pane. Empire State Development Corporation, UNICEF, The World Zionist Organization, the Consulate General Building Security of Switzerland as well as many other consulates, Closed-circuit television surveillance through 8 missions, For- and Not-For-Profit organizations. cameras with 3 monitoring the lobby, 2 dedicated to the loading dock and 2 used in the concourse Manager level. 24/7 attended lobby. All visitors must sign- Sandhurst Associates LTD, a wholly owned in and are given guest passes. independent subsidiary of Fisher Brothers Floor Load Lobby 50 lbs per SF The building’s main entrance is on Third Avenue with separate entrances to the ground floor retail Ceiling Heights and restaurant space. The two-story lobby, which Slab-to-slab heights are 10’ was renovated in 1996, was designed by Kohn, Pederson, Fox. Concierge leads into two 18-foot wide Elevators corridors providing access to a centrally located core There are twenty-two (22) self-service elevators containing the elevator banks. servicing the office portion of the property. There are 3 elevator zones. The zones are Floors 1-10, 11-24 and 25-40. Eight (8) cabs service floors 11-24. Two (2) freight cabs. All elevators have a 4,000 lbs capacity. 633 THIRD AVENUE NEW YORK, NY 18TH AND 19TH FLOOR OFFICE CONDOMINIUM

UTILITIES / MECHANICAL SYSTEMS

Electrical / Capacity Service supplied by Con Edison Company. Chilled Water Condenser water is pumped on a constant volume Submetered with 6 watts per usable square foot basis to the air handler cooling coils and to the connected load. secondary water heat exchangers. Water Supply Domestic water is supplied by the City of New York Supplemental Cooling There are numerous supplemental cooling devices including all of the LAN closets. Gas Supplied by Con Edison Gas Co. All gas piping is black steel. Telephone Tenants individually subscribe service. HVAC Base Building Hours: Provided weekdays from 8AM Life Safety System Class “E” Firecom 8500 system. Building is fully to 6PM. Heating is provided via Con Edison steam. sprinklered. The building is fully heated and air conditioned. Heat is provided by steam/hot water baseboard convection radiators. The building is serviced by air Storage Rooms Over 5,000 SF of storage is available for lease in the conditioning units which are segregated into several basement of the Building. zones.

Parking Garages Air Handling System There are many parking garages in the immediate Draw-through type located on the mechanical floors area. provide conditioned air to the unit supply mains.

Transportation Distribution System The Building is located within 2 blocks of Grand Exterior Zones: Ducted air through ceiling diffusers Central Station. and perimeter units. Ventilation is provided by both the perimeter induction units and primary air provided from the central air handlers.

Interior zone is distributed through ducted ceiling diffusers. Final room temperature control within the perimeter offices is achieved by a thermostatically controlled throttling valve. The temperature within internal spaces is controlled by the air temperature as set by the central building system. 633 THIRD AVENUE NEW YORK, NY 18TH AND 19TH FLOOR OFFICE CONDOMINIUM

PROPERTY PHOTOS

For More Information, Please Contact: Cushman & Wakefield John F. Ciraulo Craig M. Waggner Douglas A. Blankrot Lou D. Magarelli 1290 Avenue of the Americas Vice Chairman Director Senior Associate Associate New York, NY 10016 212 660 7700 212 660 7744 212 589 5157 212 307 8167 phone: +1 212 696 2500 [email protected] [email protected] [email protected] [email protected] nyinvestmentsales.com Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question. ROOF OF MEZZANINE 633 THIRD AVENUE NEW YORK, NY 18THROOF AND OF 10TH FLOOR19TH FLOOR OFFICE CONDOMINIUM ROOF OF 7TH FLOOR

633 THIRD AVENUE: FLOOR PLANS ROOF OF 11TH FLOOR 18TH FLOOR FULL FLOOR

REBNY USABLE: 13,709 USF

*RENTABLE: 18,779 RSF

* ASSUMING 27% LOSS FACTOR

ELEC

TEL UP AC UNIT GROSS AREA

DN VERTICAL SHAFTS

TANK ROOM

UP TENANT A

DN ELEC REBNY USABLE: 6,125 USF

*RENTABLE: 8,390 RSF

* ASSUMING 27% LOSS FACTOR ROOF OF MEZZANINE

TENANT B

ROOF OF 10TH FLOOR F.E. ROOF OF 7TH FLOOR REBNY USABLE: 7,584 USF

*RENTABLE: 10,389 RSF

* ASSUMING 27% LOSS FACTOR 19TH FLOORROOF OF 11TH FLOOR ROOF OF 11TH FLOOR

ORIGINAL FULL FLOOR RSF = 17,961 SF ROOF OF 10TH FLOOR ROOF OF 7TH FLOOR 23.6% LOSS FACTOR

ROOF OF MEZZANINE

UP TEL SCALE: NTS | PLANNING - AREA CALX | 08.03.17 | SK-01 DN LAN 633 THIRD AVENUE FLOOR 18

UP DN

ELEC

For More Information, Please Contact: John F. Ciraulo Craig M. Waggner Douglas Blankrot ROOF OF 11TH FLOORLou D. Magarelli Cushman & Wakefield Vice Chairman Director Senior Associate Associate 1290 Avenue of the Americas New York, NY 10016 212 660 7700 212 660 7744 212 589 5157 212 307 8167 phone: +1 212 696 2500 [email protected] [email protected] [email protected] [email protected] nyinvestmentsales.com

Cushman & Wakefield Copyright 2015. No warranty or representation,ROOF express OF 10TH or FLOOR implied, is made to the accuracy or completeness of the information containedROOF OFherein, 7TH FLOORand same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question. ROOF OF MEZZANINE 633 THIRD AVENUE NEW YORK, NY 18TH AND 19TH FLOOR OFFICE CONDOMINIUM

CORE AND SHELL FLOOR PLANS 18TH FLOOR

19TH FLOOR

For More Information, Please Contact: John F. Ciraulo Craig M. Waggner Douglas Blankrot Lou D. Magarelli Cushman & Wakefield Vice Chairman Director Senior Associate Associate 1290 Avenue of the Americas 212 660 7700 212 660 7744 212 589 5157 212 307 8167 New York, NY 10016 [email protected] [email protected] [email protected] [email protected] phone: +1 212 696 2500 nyinvestmentsales.com Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.