Retail Condo For Sale

Description:

Kassin Sabbagh Realty (KSR) has been retained to arrange for the sale of this Retail Condo space located at 635 West 42nd
Street, positioned at the base of the esteemed Atelier condominium skyscraper.

Situated in one of Manhattan’s most coveted locations, this Retail Condo offers unparalleled visibility and potential for savvy investors. Boasting a spacious layout spanning 13,000 SF with an impressive 110-foot frontage on 42nd Street, the property presents an ideal canvas for diverse retail endeavors.

Currently leased to LAVAN New York event space, renowned for its exceptional design concepts and bespoke experiences
catering to brands, agencies, organizations, and individuals. With a recently signed ten+ year lease and two additional
successful locations in New York City, LAVAN New York adds significant value to this investment opportunity. This luxurious ground floor event space was established exclusively for private, social events, weddings, product launches, corporate events, art exhibits, Bar Mitzvahs, Bat Mitzvahs, fundraisers, charities, private concerts, fashion shows, international conferences, corporate meetings, birthdays, Quinceaneras & Sweet 16, awards ceremonies and press events.

Its interior is a modern, luxurious and high tech white canvas with ample space to design any type of event environment. The Main Room boasts a 20-foot-high ceilings surrounded by 145' of seamless projection mapping. Lavan Midtown can accommodate from 1 to 800 guests, and is fully equipped with a full chefs catering kitchen, audio visual equipment, VIP green rooms and built in bars.

Lavan Midtown is fully ADA accessible and compliant with all commercial permits. A rare opportunity to acquire a prime
commercial property in the heart of Manhattan with a secure tenant in place and potential for stable cash flow and capital
appreciation, this Retail Condo at 635 West 42nd Street represents a lucrative investment opportunity for discerning investors.

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