Cushman & Wakefield today announced that the firm has been retained on an exclusive basis to arrange the sale of a prime ground floor office coop located in a rare Pre-War loft building at 112 East 19th Street. The asking price is $4,950,000.
A team led by Vice Chairman John F. Ciraulo and Senior Director Craig M. Waggner will represent the sellerin all marketing efforts.
“Surrounded by glorious historic architecture, multiple subway lines and top-notch dining and entertainment, this space is ideal for professional offices such as accountants, architects, engineers or attorneys,” said John Ciraulo of Cushman & Wakefield. “The office offers high, loft-like ceilings, and buyers can easily take on the existing installation or customize the space to their needs,” added Craig Waggner of Cushman & Wakefield.
The unit is located at the base of a 12-story residential coop building known as “Ruggles’ House” which features 21 apartments above. The office unit totals 6,806 rentable square feet total, with space on the ground floor and lower level. The two levels are contiguous and easily accessible through a wide interior staircase. The unit, which is currently configured for a law firm, features a reception area, one large conference room, 11 private offices, a large file storage room and more. Ideal uses would be for professional offices such as accountants, architects, engineers and attorneys.
Located on the south side of East 19th Street between Park Avenue South and Irving Place, the property is steps away from Gramercy Park, two blocks north of Union Square and four blocks south of Madison Square Park. The property is near popular restaurants, including Gramercy Tavern, Eleven Madison Park, Eataly, Dear Irving and ABC Kitchen. The property is near the 4, 5, 6, N, Q, R, W and L trains.
