Lance Leighton
Founder – HedgeFundSpaces.com
New York State Licensed Real Estate Salesperson
Borghese, Inc., a very large cosmetics company, recently took 7,973 sf at the top floor of 3 East 54th Street (between Fifth and Madison Avenues). The space, which was built very nicely and has never been occupied, it is on the top floor of the building. Asking rents are in the low $40’s per square foot.
The current installation boasts 3 sides of light, 10 offices, 2 conference rooms, pantry, reception and a large open trading area. The layout is perfect for a hedge fund or boutique financial services firm. Additionally, it is a unique opportunity for a small tenant to occupy an entire floor. There are 10 years of remaining term, however, the sublandlord will consider shorter subleases. If you are looking for something different, please feel free to request a free report of the best available furnished subleases in Midtown Manhattan.
The asset features a parking garage and Rothmann’s Steakhouse in the base.
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