EXCLUSIVE OFFERING MEMORANDUM
RETAIL CONDOMINIUM MURRAY HILL - MIDTOWN EAST, MANHATTAN543 THIRD AVENUE
INTERNAL USE ONLY
NOT FOR
DISTRIBUTION
CONTACTS
Michael Hunter [email protected]
Evan PapanastasiouDirectorepapanastasiou@easternconsolidated.com646.658.7387
Gary Meese Senior Director, Financial [email protected]
EASTERN CONSOLIDATED | 355 LEXINGTON AVENUE | NEW YORK, NY 10017 | WWW.EASTERNCONSOLIDATED.COM
543 THIRD AVENUE
Executive Summary 3
Property overview 4
Interior Photos 5
Retail Map & Plot Plan 7
Floor plans 8
Investment & Location Highlights
10
Points of Interest 12
Transportation Map 12
Confidentiality & Disclaimer 13
INTERNAL USE ONLY
NOT FOR
DISTRIBUTION
3 543 THIRD AVENUE EXECUTIVE SUMMARY
As exclusive agent, Eastern Consolidated is pleased to offer for sale the retail condominium component of 543 Third Avenue also known as 201-205 East 36th Street – “Murray Hill Terrace Condominium” (the “Property”). The Property is located on a high visibility corner in Murray Hill-Midtown East, Manhattan. The Property is currently con-figured as a single unit featuring ground and lower level floor areas.
The retail condominium, which is currently and will be delivered vacant, is approximately 8,000+ square feet on the ground floor and ±3,724 square feet of storage space on the lower level.1 The Property features ±120 feet of wraparound frontage and excellent glass-façade exposure. The retail space is accessible from Third Avenue and could be subdivided into two or three spaces and made accessible from East 36th Street. Ceiling heights measure 10+ feet on the ground floor and 10+ feet on the lower level. This offering presents investors an opportunity to acquire an extremely well-located retail asset at the base of a 118-unit condominium in Murray Hill-Midtown East. The surrounding neighborhood is densely populated with affluent residents as well as professionals working in the nearby Grand Central office district, United Nations complex and at numerous embassies and consulates and at the First Avenue medical and biotech corridor. Further, vacant delivery presents the purchaser with the flexibility to maintain the single unit layout or subdivide the space and contains inherent upside potential over the long term. The Murray Hill neighborhood, an established residential area flanked by multiple commercial/medical employment centers, continues to experience tremendous investment and new infill development.
EXECUTIVE SUMMARY
1 Condominium plan measures the condominium at 11,724. Basement space is the remainder after taking out ground floor space.
INTERNAL USE ONLY
NOT FOR
DISTRIBUTION
4 543 THIRD AVENUE PROPERTY OVERVIEW
Address 543 Third Avenue, New York, NY 10016 (a.k.a. 201-205 East 36th Street)
Location The Property benefits from superb visibility and accessibility, benefitting from its corner location at the base of a 118-unit residential condo building. The Property is located at the northeast corner of Third Avenue and East 36th Street in Murray Hill-Midtown East.
Block & Lot 917 / 1001
Floor Area Square Feet
Ground Floor 8,000 +
Lower Level ±3,724
Total ±11,724
Zoning C1-9
Transportation The Property is located 5 blocks from the 33rd Street Subway Station at Park Avenue (6 train) and 6 blocks from Grand Central Terminal. The Property is also within 2 blocks of the Queens-Midtown Tunnel and within 3 blocks of the FDR Drive.
Real Estate Taxes ±$213,200 (2017/2018) subject to tax protest reduction
Condominium Charges ±220,000 (2017)
Commercial Condominium Owner Protections
Sponsor protections in the document transferable to designee
Asking Price Please contact listing broker for pricing guidance
PROPERTY OVERVIEWINTERNAL USE ONLY
NOT FOR
DISTRIBUTION
7 543 THIRD AVENUE RETAIL MAP & PLOT PLAN
RETAIL MAP & PLOT PLAN
EAST 40TH ST
EAST 39TH ST
EAST 38TH ST
EAST 37TH ST
EAST 36TH ST
EAST 35TH ST
EAST 34TH ST
LEXI
NGTO
N AV
ENUE
THIR
D AV
ENUE
New York’s Grocer
Yamato Ramen & Izakaya
Perk Kafe
Sarge’s Delicatessen & Diner
Hiroshi Sushi
The Black Sheep
Hendriks
The Shoe Box
Jackson Hole Burgers
Ramen Takumi
Joshua Tree
El Rio Grande
Delectica
543 THIRD AVENUE
EAST
37T
H ST
REET
EAST
36T
H ST
REET
EAST
38T
H ST
REET
THIRD AVENUE
SECOND AVENUE
INTERNAL USE ONLY
NOT FOR
DISTRIBUTION
10 543 THIRD AVENUE INVESTMENT & LOCATION HIGHLIGHTS
INVESTMENT & LOCATION HIGHLIGHTS
ESTABLISHED MURRAY HILL RESIDENTIAL NEIGHBORHOOD543 Third Avenue is located in one of Midtown Manhattan’s most popular and established residential neighborhoods containing a mix of modern, luxury high rise towers, pre-war co-operative buildings, midrise post-war doorman buildings, mixed-use walk-up buildings and brownstone townhouses. Murray Hill is exceptionally well-located in proximity to Midtown East and Midtown South employment centers and popular downtown eastside neighborhoods Gramercy and the East Village.
UNITED NATIONS543 Third Avenue is located to the southwest of the United Nations complex and the surrounding neighborhood is home to Manhattan’s largest concentration of foreign government embassies, consulates, non-governmental organizations, foundations and nonprofit organizations as well as many cultural institutions. EAST SIDE MEDICAL AND BIOTECH CORRIDORManhattan’s East Side along the East River has emerged as one of the country’s premier healthcare and life sciences corridors and 543 Third Avenue is positioned in the heart of this dynamic area and sector of the economy. The corridor is home to a roster of state-of-the-art hospitals, research centers and teaching colleges including New York-Presbyterian/Weill Cornell Medical Center, Memorial Sloan Kettering Cancer Center, NYU Langone Medical Center, Bellevue Hospital, Alexandria Center for Life Sciences and Rockefeller University. As these institutions expand and new ones
enter the market, commercial and residential investments in the area will continue to benefit. PROXIMITY TO THE GRAND CENTRAL OFFICE SUB-MARKETThe Property is conveniently located within walking distance to the Grand Central Office Sub-market, a premier Midtown Manhattan business district, home to a wide range of global corporation office headquarters, law firms, financial institutions, investment companies, high net worth family offices and business service providers. The sub-market contains nearly 40 million square feet of office space. ROOSEVELT ISLAND TECH CAMPUSThe Cornell Tech campus on Roosevelt Island will be an innovative, sustainable academic campus made up of a combination of state-of-the-art academic space, executive education center/hotel, housing for faculty, students, and staff, and publicly accessible open space. The campus will be built in phases, with the first opening in 2017. Overall, over two million square feet of new space will be located in a series of architecturally dynamic buildings. (Source: http://construction.tech.cornell.edu/) MIDTOWN EAST REZONINGRecently, the City Planning Commission voted unanimously to approve the East Midtown Rezoning, which is expected to pave the way for 6.8 million square feet of new office and retail in the area just to the north of the Property. This rezoning will attract tremendous investment resulting in new development that will further solidify Midtown Manhattan’s standing as one of the pre-eminent mixed-use districts in the world.
INTERNAL USE ONLY
NOT FOR
DISTRIBUTION
11 543 THIRD AVENUE POINTS OF INTEREST
POINTS OF INTEREST
Bellevue Hospital
Midtown Tunnel
United Nations
Alexandria Center for Life Sciences
NYU Langone Medical Center
East River Ferry Terminal
Cornell NYC Tech Campus
NY Presbyterian/Weill Cornell Medical Center
Rockefeller UniversityLenox Hill Hospital North Shore-LIJ
543 Third Avenue
INTERNAL USE ONLY
NOT FOR
DISTRIBUTION
12 543 THIRD AVENUE TRANSPORTATION MAP
DYKERBEACHPARK
WESTCHESTER
THE BRONX
NAQUEE
QUEENSBROOKLYN
J a m a i c aB a y
Ha
r l em
Ri v e r
Ea
s t Ri v e r
Ea st Ri v e r
Hu
ds
on
Ri
ve
r
4
AirTrain stops/terminal numbers
7
58
2
1
Q72Q47
M60 SBS
M60 SBS
M60 SBS
Q48
Q10
Q10
B15Q10
AIRTRAIN JFK
AIRTRAIN JFK
Q3
Q3
PA
RK
AV
LIRR
LIRR
LIRR
LIRR
LIRR
Met
ro-N
orth
Metro-North
Metro-N orth
Met
ro-N
orth
LIRR
PATH
PATH
Amtrak
Amtra
k
Am
trak
Am
trak
NJTransit • Amtrak
PATH
Bowling Green4•5
Broad St J•Z
Rector StR
World TradeCenter
E
DeKalb AvB•Q•R
Hoyt St2•3
Clark S
t2• 3
Union S
tR
Carroll S
tF• G
Bergen
St
F• G
Broad St J•Z
York St
F
CityHallR•W
Rector StR•W
Franklin St1
Canal St1
Prince StR•W
Houston St1
14 St A•C•E
50 St1
50 StC•E
59 StColumbus Circle
A•B•C•D•1
66 St Lincoln Center
1
72 St1•2•3
79 St1
86 St1
96 St1•2•3
103 St1
CathedralPkwy
(110 St )1
116 St ColumbiaUniversity
1
137 StCity
College1
145 St1
157 St1
175 StA
181 StA
190 StA
Dyckman St A
238 St1
Norwood205 StD
Mosholu Pkwy4
Bedford Pk BlvdLehman College
4
Kingsbridge Rd4
Fordham Rd4
Allerton Av2•5
183 St4
Burnside Av4
176 St4
Mt Eden Av4
170 St4
174 St2•5
Bronx ParkEast
2•5
Pelham Pkwy2•5
Freeman St2•5
Simpson St2•5
E 180 St2•5
West Farms Sq
E Tremont Av2 •5
167 St4
161 St
Yankee Stadium
B •D •4
Van Cortlandt Park242 St
1
Lexington
Av/63 St
F
14 St–U
nion Sq
L• N
• Q• R
• W• 4• 5• 6
L
• N• Q
• R• W
3 Av
L 1 Av
L
8 St-NYUR•W
Christopher St
Sheridan Sq1
Canal StJ•N•QR•W•Z•6
Canal StA•C•E
Spring St6
Spring StC•E
W 4 St Wash Sq A•B•C•D•E•F•M
8 Av
L
QueensPlazaE •M
•R
69 St7
52 St7 46 St
Bliss St 740 St
Lowery St
733 St-Rawson St
7
36 StM•R
90 St–Elmhurst Av7
Junction Blvd 7•Q72 LGA Airport
103 St–Corona Plaza7
111 St 7•Q48 LGA Airport
Elmhurst
Av
M• R
Grand Av
New
town
M
• R Woodhaven
Blvd
M
• R 63 D
r–Reg
o Park
M
• R• Q72
LGA A
irport
Forest H
ills
71 Av
E• F• M• R
75 Av
E• F Bria
rwood
E
• F
Sutphin BlvdF
Parsons Blvd F
169 StF
Jamaic
a
Van W
yck
E
Kew G
arden
s
Union Tpke
E
• F67 Av
M
• R
21 StQueens-
bridgeF
39 AvN•W
Steinway StM•R
46 St M
•R
Northern Blvd
M•R
65 St
M•R
82 St–Jackson Hts7
36 AvN•W
30 AvN•W
Astoria BlvdN•W
AstoriaDitmars Blvd
N•W
Court Sq-23 StE•M
6 Av L 14 St
1•2•3
18 St1
14 St F•M
23 StF•M
23 St1
23 StC•E
23 StR•W
33 St6
Hunters Point Av7•LIRR
Vernon BlvdJackson Av
7
21 StG
Queensboro Plaza
N•W•7
Court SqG•7
68 StHunter College6
77 St6
86 St4•5•6
96 St6
103 St6
110 St6
Central ParkNorth ( 110 St) 2•3
116 St6
72 StB•C
81 St–Museum of Natural History B•C
86 St B•C
96 StB•C
103 StB•C
Cathedral Pkwy(110 St)B•C
116 StB•C
125 StA•B•C•D
125 St2•3 • M60 SBS LGA Airport
125 St4•5•6
135 StB•C
135 St2•3
116 St2•3
3 Av138 St6
Brook Av
6
Cypress Av
6
E 143 St
St Mary’s St
6145 StA•B•C•D
191 St1
Bedford Pk BlvdB•D
Kingsbridge RdB•D
Fordham RdB•D
182–183 StsB•D
Tremont Av B•D
174–175 StsB•D
170 StB•D
Morris Park5
Pelham Pkwy5
Burke Av2•5
Gun Hill Rd 2•5
219 St 2•5
225 St2•5
233 St2•5
Nereid Av2•5
Wake�eld 241 St2
Gun Hill Rd5
Baychester Av5
EastchesterDyre Av5
167 StB•D
E 149 St6
Longwood Av6
Hunts Point Av6
Whitlock Av6
Elder Av6
Morrison Av Soundview 6
St Lawrence Av6
Castle Hill Av6
Zerega Av6
Middletown Rd6
Buhre Av6
Pelham Bay Park6
Parkchester6
181 St1
155 S
t
B
• D15
5 St
C
163 St–Amsterdam Av C
145 St3
149 S
t–Gran
d
Concourse
2• 4• 5
Harlem148 St3
57 StF
57 St-7 AvN•Q•R•W
49 StN•R•W
7 AvB •D
•E
28 St1
28 St R•W
28 St6
23 St6
Astor Pl 6
BoweryJ• ZEast
BroadwayF
2 Av
F
Bleeck
er St
6 B’way
–Lafa
yette
St
B• D
• F• M
Essex
St
F
• J• M• Z
Delanc
ey St
Grand St B•D
Prospect AvR
25 StR
36 StD•N•R
45 StR
53 StR
59 StN•R
8 Av
N
Fort Ham
ilton
Pkwy
N
New U
trech
t Av
N 18 Av
N20
AvNBay
Pkwy
N
KingsHwy
N
Avenue U N86 St
N
62 St
D
71 St
D
79 St
D
18 Av D
20 Av D
Bay Pkw
yD 25 Av
DBay 50 St
D
Coney IslandStillwell Av
D•F•N•Q
55 St
D
50 St
DFort Ham
ilton
Pkwy
D
9 Av
DDitm
as Av F
18 Av
F
Bay Ridge AvR
77 StR
86 StR
Bay Ridge95 St
R
Jay St MetroTechA•C•F•R
Jay St MetroTechA•C•F•R
Lafayette AvC
ParkPlS
Fulton StG
Smith
9 Sts
F• G
4 Av–
9 St
F• G• R 7 A
vF• G
15 St
Prospec
t ParkF• G
Fort HamiltonPkwy
F•G
Church Av
F• G
Avenue N
F
Avenue I
F
Bay Pkw
y
F
Avenue P
FKings H
wy
F
Avenue U
F
Avenue X
FNep
tune Av
F
West 8 StNY AquariumF•Q
Ocean PkwyQ
Brighton BeachB•Q
Sheepsh
ead Bay
B• Q
Neck R
d
Q
Avenue U
Q
Kings Hwy
B• Q
Avenue M
Q
Avenue J
Q
Avenue H
Q
Newkir
k Plaz
a
B• Q
Cortelyo
u Rd
Q
Beverl
ey Rd
Q
Church Av
B• QFlat
bush Av
Brooklyn C
ollege
2• 5
Newkir
k Av
2• 5
Beverl
y Rd
2• 5
Church Av
2• 5
Winthrop St
2• 5
Sterling St 2•5
President St 2•5
CanarsieRockaway PkwyL
East 105 StL
Aqueduct North Conduit Av
A
Aqueduct RacetrackA
Van Siclen AvCLiberty
AvC
Ozone ParkLefferts BlvdA
111 StA
104 StA
Rockaway Blvd A
88 St A
80 StA
Grant AvA
Euclid AvA•C
Shepherd AvC Howard Beach
JFK Airport AAtlantic Av
L
Alabama AvJ•Z
New Lots Av L B15 JFK Airport
Crescent StJ•Z
Norwood Av Z rush hrs, J other times
Cleveland St J
Bushwick
Av
Aberdee
n St
L
Wilson Av
L
DeKalb
Av
LJe
fferso
n St
L
Flushing Av
J• MLorim
er St
J• MBroad
way
G
Nassa
u Av
G
Greenpoint A
v
G
Lorimer
St
L
Graham
Av
L Grand St
L Montrose
Av
L Morgan
Av
L
Livonia Av L
Sutter
AvL
Nostrand Av
A •CFranklin Av
C•S
Kingston
Throop Avs
C
Utica AvA •C
Ralph Av
C
Chauncey St
Z rush hours,
J other times
MyrtleWyckoff AvsL•M
Halsey St
J Gates Av
Z rush hours,
J other times
Kosciuszko St
JMyrtle Av
J •M•Z
Central Av M
Seneca AvM
MyrtleWilloughby Avs G
Flushing Av
GMarc
y Av
J• M• Z
Metropolitan Av G
Bedford Av
L
Fresh Pond RdM
Halsey
St
L
Rockaway
AvC
Broad
way
Junc
tion
A
• C• J•
L• Z
Parkside AvQ
Prospect Park B•Q•S
Botanic Garden S
Clinton
Washington AvsG
Classon AvG
Hewes
St J• M
Bedford
Nostrand AvsG
Clinton
Washington Avs
C
HoytSchermerhorn
A•C•G
Kingston Av3
Frankli
n Av
2• 3• 4• 5
BroadwayN•W
Knickerbocker Av M
Middle VillageMetropolitan AvM
Forest AvM
High StA•C
Atlantic Av–Barclays Ctr B•Q•2•3•4•5•LIRR
Whitehall StSouth FerryR•W
Bowling Green4•5
Wall St4•5 Wall St
2•3
Fulton St
Chambers St1•2•3
Park Place 2•3
Chambers StJ•ZBrooklyn BridgeCity Hall 4•5•6
Chambers St A•C
Atlanti
c Av–
Barclay
s Ctr
D• N• R
• LIRR
Bergen
St2• 3
7 Av
B• Q
Nevins St2•3•4•5
Borough H
all
2• 3• 4• 5
Court StR
Grand Arm
yPlaz
a2• 3
Easter
n Pkw
y
Brooklyn M
useu
m2• 3
34 StPenn
Station A•C•E•LIRR
34 StHudson
Yards 7
42 St/Port AuthorityBus Terminal
A•C•E
Times Sq-42 StN•Q•R•S•W•1•2•3•7
Grand Central42 StS•4•5•6•7•Metro-North
47–50 StsRockefeller CtrB•D•F•M
34 StPenn
Station1•2•3•LIRR
34 StHerald Sq
B•D•F•MN•Q•R•W
42 StBryant PkB•D•F•M
5 Av 7
Lexington Av/53 St E•M
59 St 4•5•6
51 St 6
Lexington Av/59 StN•R•W
5 Av/53 StE•M
5 Av/59 StN•R•W
125 St1
168 St A•C•1 A•C
Dyckman St1
Inwood207 St
A
215 St1
3 Av–149 St2•5
Woodlawn4
Marble Hill225 St1
231 St1
75 St–Elderts Ln Z rush hours, J other times
Cypress Hills J
85 St–Forest Pkwy J
Woodhaven Blvd J•Z
104 St Z rush hours, J other times
111 StJ
121 St Z rush hours, J other times
Sutphin BlvdArcher AvJFK AirportE•J•Z•LIRR
Jamaica179 StF
Jamaica Center Parsons/ArcherE•J•Z
FlushingMain St
7
Nostrand Av3
Crown HtsUtica Av3•4
Saratoga Av 3
Rockaway Av 3
Junius St 3
Pennsylvania Av3
Van Siclen Av3
New Lots Av3
Sutter Av–Rutland Rd3
A•C•J•Z2•3•4•5
Westchester Sq East Tremont Av 6
Intervale Av 2•5
Prospect Av 2•5
Jackson Av 2•5
Mets–Willets Point7•Q48 LGA Airport
Van Siclen Av Z rush hrs, J other times
138 St–GrandConcourse
4•5
M60 SBSLGA Airport
M60 SBSLGA Airport
M60 SBSLGA Airport
Rector St1
Cortlandt St1
Cortlandt St R•W
South Ferry1
World TradeCenter
E
207 St 1
rushhours
4 skips rush hourpeak direction
weekday peakdirection express
rushhours
Rooseve
lt
Isl
and
F
Beach44 StA
Beach 36 StA
Beach 25 StA
Far RockawayMott Av
A
Broad Channel
A•S
Beach 67 StA
Beach 60 StA
Beach 90 StA•S
Beach 98 StA•S
Beach 105 StA•S
Rockaway ParkBeach 116 St
A•S
Stat
en Is
land
Fe r
ry
summer only
QUEENSMIDTOWNTUNNEL
MARINE PARKWAY-GIL HODGESMEMORIALBRIDGE
CR
OS
S B
AY
VE
TER
AN
S’
ME
MO
RIA
L
BR
IDG
E
HEN
RY HU
DSO
N
BRIDG
E
HUGH L. CAREY TUNNEL
BRIDGE
VERRAZANO-NARROWS
BR
IDG
E
RO
BE
RT
F K
EN
NE
DY
THROGS NECK BRIDGE
GEO. WASHINGTONBRIDGE
LINCOLN TUNNEL
HOLLAND TUNNEL
MANHATTAN BRIDGE
BROOKLYN BRIDGE
QUEENSBORO BRIDGE
BRONX-W
HITESTONE
BRIDGE
MA
LC
OL
M X
BL
VD
(LE
NO
X A
V)
NOSTRAND AV
BR
OA
DW
AY
BROADWAY BRIDGE
ST
NIC
HO
LA
S A
V
BR
OA
DW
AY
BR
OA
DW
AY
BROAD
WAY
S
EV
EN
TH
AV
VA
RIC
K S
T
L IVONIA
AV
WES
TCH
ESTE
R A
V
LE
XIN
GT
ON
AV
PA
RK
AV
S
LA
FA
YE
TT
E S
T
EASTERN PARKWAY
rush hour p
eak d
irect
ion
expr
ess
ES
PL
AN
AD
E W
HITE P
LAIN
S RD
JER
OM
E A
V
MANHATTAN AV
UNION AV
LAFAYETTE AV
W EST END LINE
DELANCEY ST
BROADWAY
FULTON ST
JAMAIC
A AV
MYRTLE A
V
VAN SINDEREN AV
WYCKOFF AV
BUSHWICK AV
N 7 ST
HOUSTON ST
R U T GERS ST
JAY
ST
S
MIT
H S
T
NINTH ST
MCDO
NALD AV
FO
UR
TH
AV
86 ST
FO
UR
TH
AV
53 ST
HILLSID
E AV
41 AV 63 ST
SIX
TH
AV
FLATBUSH AV
E 15 ST
BRIGHTON LINE
E 16 ST
GR
AN
D C
ON
CO
UR
SE
QUEENS BLVD
QUEENS BLVD
ARCHER AV
LIBERTY A
V
PITKIN A
V
FULTON ST
FULTON ST
CH
UR
CH
ST
S
I XT
H A
V
GREENWICH AV
EIG
HT
H A
V
CE
NT
RA
L P
AR
K W
ES
T
ST
NIC
HO
LA
S A
V
FO
RT
WA
SH
ING
TON
AV
BRO
ADW
AY
FO
UR
TH
AV
BROADWAY
31 S
T
60 ST
BROAD
WA
Y
BR
OA
DW
AY
BR
OA
DW
AY
ROOSEVELT AV
FLATBUSH AV
WILLIAMSBURG BRIDGE
14 ST
42 ST
rush hour peak direction express
weekday peak direction
expr
ess
rush hour peak direction express
PA
LIS
AD
E A
V
IND
EP
EN
DE
NC
E A
V
HE
NR
Y H
UD
SO
N P
KW
Y
BRO
ADW
AY
231 ST
IRWIN AV
VAN CORTLANDT
PARK SO
MO
SH
OLU
PKW
Y
FORDHAM RD
PELHAM PKWY
180 ST
TREMONT AV
E TREMONT AV
WE
BS
TE
R A
V
BA
INBR
IDGE
TH
IRD
AV
225 ST
BRUCKNER
E
XPWY
ELDER AV ST LAW
RENC
E AV
WHITE PLAINS RD
WHITE PLAINS RD
SOUNDVIEW AV
CASTLE HILL AV
ZEREGA AV H
UTCHINSO
N PKWY
ALLERTON AV BURKE AV
222 ST
233 ST
MID
DLETOWN RD
BR
OA
DW
AY
AM
ST
ER
DA
M A
V
FT
WA
SH
AV
RIV
ER
SID
E D
R
RIV
ER
SID
E D
R
145 ST
135 ST
AM
ST
ER
DA
M A
V FIF
TH
AV
5 A
V
MA
DIS
ON
AV
TH
IRD
AV
3 A
V
SE
CO
ND
AV
2
AV
2 A
V
1 AV
FIR
ST
AV
1 A
V
YO
RK
AV
WE
ST
EN
D A
V
72 ST
CO
LU
MB
US
AV
66 ST 66 ST
WE
ST S
T
WE
ST S
T
53 ST
E 8 ST
FD
R D
R
GRAND ST
E BWAY
SOUTH
ST
WATE
R ST
ASTORIA BLVD
NORTHERN BLVD
DITMARS BLVD
111 ST
112 ST
ST
EIN
WA
Y S
T
LONG ISLAND EXPWY
HORACE HARDIN
G EXPW
Y
LONG ISLAND
EXPWY
36 S
T
30 AV
GR
EEN
PO
INT
AV
21
ST
JUNCTION BLVD
JEWEL A
V
UTOPIA PKW
Y
PARSONS BLVD
KISSENA BLVD
MAIN ST
HILLSIDE AV
JAMAIC
A AV
SUTPHIN BLVD
111 ST
LINDEN B
LVD LEFFERTS BLVD
MERRICK BLVD
METROPOLITAN AV
METROPOLITAN AV
NASSAU AV
BEDFORD AV
FLUSHING AV
FOREST AV
WOODHAVEN BLVD
MYRTLE AV
JAC
KIE
RO
BIN
SO
N P
AR
KW
AY
WILSON AV
BUSHWICK AV
MYRTLE AV
BERGEN ST
BERGEN ST
LIBERTY A
V
HIC
KS
ST
HE
NR
Y S
T
9 ST
UNION ST CHURCH A
V
PROSPECT AV
OCEAN PKWY
CONEY ISLAND AV
9 AV
FO
RT
HAM
ILTO
N P
KWY
PARKSIDE A
V
WIN
THROP ST
NOSTRAND AV
AV Z
EMM
ONS AV
AV U
FLATBUSH AV
WASHINGTON
UTIC
A A
V
UTIC
A AV
86 ST
KIN
GS
HW
Y
FIF
TH
AV
39 ST
REMSEN AV
AV M
FLA
TLA
ND
S A
V
AV H
OCEAN AV
BE
DF
OR
D A
V
BEDFORD AV
NOSTRAND AV
VAN SICLEN AV
PENNSYLVANIA AV
CR
OS
S B
AY
BLVD
CR
OS
S B
AY
BLV
D
PARSON
S BLVD
WH
ITESTO
NE
EX
PW
Y
CANAL ST
CANAL ST SPRING ST
T R A M W A Y
HOUSTON ST
3 AV
BOWERY W 4 ST
E 4 ST
BLEECKER ST
BLEECKER ST
23 ST 23 ST
50 ST 50 ST
59 ST CENTRAL PARK SOUTH
79 ST
125 ST
116 ST
96 ST
86 ST
UNIVERSITY HTS BR
UNION T
URNPIKE
CLEARVIEW EXPWY
FR
ED
ER
ICK
D
OU
GL
AS
S B
LV
D
AD
AM
CL
AY
TO
NP
OW
EL
L B
LV
D (7A
V)
VAN WYCK EXPW
Y
SEAGIRT BLVD
BE
AC
H C
HAN
NEL DR
RO
CK
AW
AY
BE
AC
H B
LVD
KIN
GS
HIG
HW
AY
82 ST
VE
RN
ON
BL
VD
BE
AC
H C
HA
NN
EL
DR
RO
CK
AWAY P
T B
LVD
HAMILTON BRIDGE
WASHINGTON BRIDGE
CROSS BRONX EXPWY
BAYCHESTER AV
9 AV
10 AV
11 AV
GR
AN
D A
V
SpuytenDuyvil
Riverdale
UniversityHeights
MorrisHeights
Harlem125 St
Melrose
Yankees-E153 St
Tremont
Fordham
Botanical Garden
WilliamsBridge
Woodlawn
Wake�eld
LongIslandCity
9 St
14 St
23 St
33 St
Christopher St
Hunterspoint Av
Woodside
Mets–Willets Point
Flushing
ForestHills
JamaicaKewGardens
Hollis
Auburndale Bayside Douglaston
Manhasset
GreatNeck
LittleNeck
MurrayHill
Broadway
Inwood
LocustManor
FarRockaway
East NY
Nostrand Av
MarbleHill
WTC
VANCORTLANDT
PARK
BRONXZOO
PELHAMBAY
PARK
ORCHARDBEACH
CENTRALPARK
WASHINGTONSQUARE PARK
METROPOLITANMUSEUMOF ART
RANDALLSISLAND
JAVITSCENTER
RIVERBANKSTATE PARK
INWOODHILL PARK
FORT TRYONPARK
UNITEDNATIONS
FLUSHINGMEADOWSCORONA
PARK
PROSPECTPARK
BROOKLYNBOTANICGARDEN
FORT GREENEPARK
GREEN-WOODCEMETERY
LAGUARDIAAIRPORT
JFKINTERNATIONAL
AIRPORT
JAMAICABAY
WILDLIFEREFUGE
GATEWAYNATIONAL
RECREATIONAREA–
JAMAICA BAY
EASTRIVERPARK
BROOKLYNBRIDGEPARK
KISSENAPARK
CUNNINGHAMPARK
MARINEPARK
FLOYDBENNETT
FIELD
JUNIPERVALLEY
PARKFORESTPARK
RIVERSIDE PARK
HUDSON RIVER PARK
HIGHBRIDGEPARK
JACOBRIIS
PARK
LIBERTYISLAND
ELLISISLAND
NEW YORKTRANSITMUSEUM
southbound
northbound
southbound
southbound only
6
SexceptSexcept
7
2,3 andnorthbound4,5
BROOKLYN
MANHATTAN
QUEENS
THEBRONX
FINANCIALDISTRICT
BATTERY PARK CITY
CHINATOWN
LITTLE ITALYSOHO
TRIBECA
GREENWICHVILLAGE
CHELSEA
WESTSIDE
UPPEREASTSIDE
UPPERWESTSIDE
EASTHARLEM
HARLEM
WASHINGTONHEIGHTS
EASTVILLAGE
LOWEREAST SIDE
NOHO
RIVERDALE
KINGSBRIDGE
HIGH-BRIDGE
FORDHAM
TREMONT
MORRISANIA
THE HUB
HUNTS POINT
RIKERSISLAND
MOTT HAVEN
SOUNDVIEW
PARKCHESTER
CITYISLAND
BAYCHESTER
CO-OPCITY
EASTCHESTER
ASTORIA
LONGISLAND
CITY
ROOSEVELTISLAND
JACKSONHEIGHTS
CORONA
FLUSHING
HILLCREST
FRESHMEADOWS
JAMAICAESTATES
JAMAICA
HOLLIS
QUEENSVILLAGE
KEWGARDENS
KEWGARDENS
HILLS
RICHMONDHILL
FORESTHILLS
REGO PARK
MIDDLEVILLAGE
GLENDALEWOODHAVEN
OZONEPARK
HOWARD BEACHEASTNEWYORK
OCEAN HILL-BROWNSVILLE
CANARSIE
EASTFLATBUSH
MIDWOOD
BENSONHURST
FLATBUSH
PARKSLOPE
REDHOOK
GOVERNORSISLAND
CARROLLGARDENS
FLATLANDS
ROCKAWAYPARK
BREEZYPOINT
SHEEPSHEADBAY
BRIGHTONBEACH
CONEY ISLAND
BAY RIDGE
BOROUGHPARK
SUNSETPARK
BROOKLYNHEIGHTS
WILLIAMSBURG
FORT GREENE
GREENPOINT
BEDFORD-STUYVESANT
CROWNHEIGHTS
BUSHWICK
RIDGEWOOD
MASPETH
DUMBO
NAVYYARD
MTA
Sta
ten
Isla
nd R
ailw
ay
Grasmere
St. George
Tompkinsville
Stapleton
Clifton S51
Old Town
Dongan Hills
Jefferson AvGrant City
S51/81
New Dorp
Oakwood Heights S57
Bay Terrace
Great KillsS54 X7 X8
Eltingville
Annadale S55
Huguenot S55 X17 X19
Prince's Bay S56
Pleasant Plains
Richmond ValleyNassauS78
AtlanticS78
Tottenville S78
RICHMOND TERRACE
VICTORY BLVD
VA
ND
ER
BIL
T A
V
ARTHUR KILL RD
STATEN ISLAND EXPRESSWAY VERRAZANO-NARROWS BRIDGE
FOREST AV
HYLA
N B
LVD
HYLAN BLVD
AR
TH
UR
KIL
L R
D
WE
ST
SH
OR
E E
XP
WY
RIC
HM
ON
D A
V
SILVERLAKEPARK
SNUG HARBORCULTURAL CENTER
COLLEGE OFSTATEN ISLAND
SEAVIEW
HOSPITALSTATENISLANDMALL
NEWSPRINGVILLE
PARK
LA TOURETTEPARK
GREATKILLSPARK
CLOVELAKESPARK
STATENISLAND
PORTRICHMOND
WEST NEWBRIGHTON
MARINERSHARBOR
FOXHILLS ROSEBANK
CASTLETONCORNERS
BULLSHEAD
CHELSEA
WESTERLEIGH
TODTHILL
NEWDORPBEACH
WOODROWROSSVILLE
CHARLESTON
ARDENHEIGHTS
FRESHKILLS
RICHMONDTOWN
TOTTENVILLEBEACH
Manhattan bound N skips stops dueto constructionuntil 2017
Coney Is. bound N skips stops dueto constructionuntil 2017
LaGuardia Link Q70 SBSM60 SBSQ47Q48Q72
LaGuardia Link Q70 SBS
61 StWoodside
7 •LaGuardia Link Q70 SBS
74 St–Broadway
LaGuardia Link Q70 SBS • 7
Jackson Hts
Roosevelt Av
E •F •M•R •LaGuardia Link Q70 SBS
Q47 LGA Airport (Terminal A only)
The subway operates 24 hours a day, but not all lines operate at all times. Call our Travel Information Center at 511 for more information in English or Spanish (24 hours) or ask an agent for help in all other languages (6AM to 10PM).
To show service more clearly, geography on this map has been modi�ed.
visit www.mta.info
Key
November 2016
Full time servicePart time service
All trains stop (local and express service)
Local service onlyRush hour line
extension
Free subway transferFree out-of-system subway transfer (excluding single-ride ticket)
Terminal
Bus or AIRTRAINto airport
Accessiblestation
Commuter rail service
Bus to airport
StationName
A•B
New York City Subwaywith bus and railroad connections
Police
© 2016 Metropolitan Transportation Authority
This map depicts weekday service.On weekends and late nights, these routes change:
Auburndale
Weekends
Late nights (midnight to 6am, daily)
42 St
No service-use C D Q
Delancey St/Essex St–
Metropolitan Av
Dyre Av–Bowling Green
No service-use A D Q
No service-use A
Localservice
Local inBrooklyn
Local, 207 St–Far Rockaway.
Euclid Av-LeffertsBlvd Shuttle
Myrtle Av–Metropolitan Av
Shuttle
No service-use 7
Localservice
No service-use N
Localservice
Local, viaFinancial District
Local inManhattan,
via ManhattanBridge
Whitehall St-95 St
148 St–Times Sq/42 St
Local, Woodlawn–New Lots AvSkips Hoyt St
Dyre Av–E180 StShuttle
No service-use NR
543 THIRD AVENUE
TRANSPORTATION MAPINTERNAL USE ONLY
NOT FOR
DISTRIBUTION
13 543 THIRD AVENUE CONFIDENTIALITY & DISCLAIMER
CONFIDENTIALITY & DISCLAIMER
This Confidential Offering Memorandum has been prepared exclusively by Eastern Consolidated (“Eastern Consolidated”) on behalf of Ownership, the (“Owners”), regarding the purchase of the property described herein at 543 Third Avenue, New York, New York (the “Property”). The materials and information contained in this Confidential Offering Memorandum do not purport to be all-inclusive or to contain all of the information which prospective investors may need or desire. All materials have been developed by Eastern Consolidated, the Owners and other sources and are subject to variation.
No representation is made by Eastern Consolidated or the Owners as to the accuracy or completeness of the information contained herein and nothing contained herein is or shall be relied on as a promise or representation as to the future performance of the Property. Although the information contained herein is believed to be correct, Eastern Consolidated and the Owners and their employees disclaim any responsibility for inaccuracies and expect prospective purchasers to exercise independent due diligence in verifying all such information.
Further, Eastern Consolidated, the Owners and their employees disclaim any and all liability for representations and warranties, expressed and implied, contained in or omitted from the Confidential Offering Memorandum or any other written or oral communication transmitted or made available to the recipient. The Confidential Offering Memorandum does not constitute a representation that there has been no change in the business or affairs of the Property or the Owners since the date of preparation of the Offering Memorandum. Analysis and verification of the information contained in the Confidential Offering Memorandum is solely the responsibility of the prospective purchaser. Additional information and an opportunity to inspect the Property will be made available upon request to interested and qualified investors.
The Owners and Eastern Consolidated each expressly reserve the right, in their sole
discretion, to reject any and all expressions of interest or offers regarding the Property and/or terminate discussions with any entity at any time with or without notice. The Owners shall have no legal commitment or obligation to any entity reviewing the Confidential Offering Memorandum or making an offer to purchase the Property unless and until a written agreement for the purchase of the Property has been fully executed, delivered and approved by the Owners and its legal counsel and any conditions to the Owners’ obligations thereunder have been satisfied or waived. Eastern Consolidated is not authorized to make any representations or agreements on behalf of the Owners.
This Confidential Offering Memorandum and its contents, except such information which is a matter of public record or is provided in sources available to the public (such contents as so limited herein called the “Contents”) are of a confidential nature. By accepting the Offering Memorandum, you agree (i) to hold and treat it in the strictest confidence, (ii) not to photocopy or duplicate it, (iii) not to disclose the Confidential Offering Memorandum or any of its contents to any other entity (except to outside advisors retained by you, if necessary, for your determination of whether or not to make a proposal and from whom you have obtained an agreement of confidentiality) without the prior written authorization of the Owners or Eastern Consolidated, (iv) not to use the Confidential Offering Memorandum or any of its contents in any fashion or manner detrimental to the interest of the Owners or Eastern Consolidated, and (v) to return it to Eastern Consolidated immediately upon request of Eastern Consolidated or the Owners.
If you have no further interest in the Property, please return the Confidential Offering Memorandum forthwith.
No inspections of the Property are permitted unless accompanied by the Owners or a representative from Eastern Consolidated.
INTERNAL USE ONLY
NOT FOR
DISTRIBUTION