Built and Furnished Trading Space at Tower 52 – Perfect for a Hedge Fund or Financial Services Firm
150 East 52nd Street (also known as Tower 52) has always been one of the best relative values in Midtown Manhattan for office space. With stable ownership, a proximate location to major transportation hubs, recent renovations and a unique shape to achieve many corner offices, the building lends itself well to a variety of users. Though the building is priced very competitively on a direct basis, there is an incredibly low-priced sublease that just hit the market for the partial 23rd floor.
Offered for sublease from Acrem Capital, the partial 23rd floor was built less than two years ago and boasts high-end finishes that tenants would expect in a newly constructed, Class A office space. Featuring full-glass fronted offices, wood doors, stone in the reception area and a tremendous amount of natural light, it is a steal with an asking rent of $50 per square foot. Currently built with 5 offices (3 corners), 2 conference rooms, a pantry, reception area and trading space for up to 23 people, this is one of the best opportunities on the market for any early stage hedge fund or trading firm. Also, the term is relatively short- through April 30, 2017.
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