246 Fifth Avenue

Location: Manhattan, NY
Type: Office
Price: $ 15,000,000

246 Fifth Avenue is a six-story Class B office building with ground floor retail that is 100% leased. The Property consists of 28,041 SF (25,506 SF of office space and 2,525 SF of ground floor retail) and includes air rights. The Property is located in the Midtown South/Chelsea District submarket of Manhattan, New York. SMC’s $15,000,000 loan financed Sponsor’s purchase of the Property from an Auction.com sale.