Not Yet On The Market – Pristine Sublease at the Iconic Lipstick Building – Perfect for a Hedge Fund, Private Equity or Law Firm

September 8, 2017

Lance Leighton

Co-Founder –
Senior Managing Director, Savills Studley, Inc.
New York State Licensed Real Estate Salesperson

Call 212-326-8668

Furnished, Plug & Play Office Space Sublease in the Heart of Midtown East.  Perfect for a Hedge Fund, Private Equity Firm or Law Firm.

The Lipstick Building is one of the most iconic office buildings on the Manhattan skyline.  With its unique shape that resembles a “stacked” open tube of lipstick and red granite facade, it is a postmodern architectural gem that often commands the highest rents along the Third Avenue corridor of New York City.  Though the building is nearly 100% leased on a direct basis- primarily to law firms, hedge funds, investment banks and other asset managers- there is a unique opportunity that is not yet on the market and available for occupancy immediately.

Offered for sublease from a large international private equity firm, the entire 17th floor measures 19,270 rentable square feet.  Constructed to a very high standard less than two years ago, the floor contains an incredibly efficient 29 private windowed perimeter offices, 36 cubicles, 16 workstations, a wet pantry, formal reception area and lounge (click here for a floorplan).  Move-in ready with furniture and phones available, this is the chance for any law firm, hedge fund, private equity firm or investment bank to take advantage of practically brand new infrastructure at a significant discount to what the market would command for similar spaces.  Additionally, the term is long- through July 31st, 2026, making this an ideal NYC headquarters.  Please click here to contact us for the asking rent or here to try our free office space search.

Full Glass Fronts with Wood Doors

Gorgeous Formal Reception Area

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