Efficient Full Floor Sublease at 599 Lexington Avenue – Only 8,618 RSF

March 10, 2017

Lance Leighton

Founder – HedgeFundSpaces.com
New York State Licensed Real Estate Salesperson

Call 516-557-1160

Opportunity to Occupy an Entire Floor with Unparalleled Views

599 Lexington Avenue is one of the better buildings east of Park Avenue. Home to the notable law firms Shearman & Sterling, K&L Gates, and Reed Smith,  the asset offers convenient access to multiple transportation lines, including the E, M and 6 trains directly beneath it.  Though the building is 99% leased on a direct basis, there is a unique chance to occupy one of the boutique, full-floors in the tower- which measures less than 9,000 rentable square feet.

Offered for sublease from Cornerstone Research, the entire 44th floor is perhaps the most efficient sublease on the market today. Currently built with 18 offices, multiple conference rooms, a pantry, and formal reception area, this is an atypical opportunity to accommodate this many people in an office intensive environment, with such a small footprint (click here for a floorplan).  Accordingly, it is perfect for any law firm, private equity firm, investment bank or heavy office-using company.  Though the term is relatively short (through September of 2020), the pricing reflects the de minimis term (click here to contact us for the asking rent). Furniture can remain in place for an incoming subtenant and the views are absolutely stellar.  Additionally the building is owner occupied by one of the premier landlords in New York City, Boston Properties, and is managed in accordance with Class A office building standards.

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