Polsinelli of Eastern Consolidated Marketing Two Commercial Waterfront Condo Units for Lease or for Sale on Roosevelt Island
NEW YORK, NY – January 23, 2018 – Eastern Consolidated’s Adelaide Polsinelli is seeking proposals for the lease or sale of two adjacent ground floor commercial condominium units on Roosevelt Island that offer breathtaking views of Manhattan and are only a short walk to the 12-acre Cornell Tech campus. The commercial units are available separately or combined.
The commercial units, located at 545 Main Street, are at the base of the 400 Apartment Island House residential building. One unit, which was previously used as a swimming pool facility, which still has the moth-balled in-ground pool, is 12,371 square feet with 18-foot-high ceilings and a large atrium looking out at Manhattan. The second unit is 6,344 square feet, with a small commercial kitchen and office space.
“Our Island House commercial space is the only waterfront commercial space available on Roosevelt Island, boasting unobstructed direct visibility from the FDR Drive, and presents a fabulous opportunity for the right user to have an immediate presence on the Island, with close proximity to the Cornell Tech campus and the influx of affluent home buyers moving on to the Island,” said Polsinelli, Senior Managing Director and Principal of Eastern Consolidated.
Polsinelli continued, “The commercial units offer prospective users a wide variety of permitted uses including restaurant, retail sales, community facility, or professional/commercial office.”
Centrally located along the western shore of Roosevelt Island behind the Chapel of the Good Shepherd on West Road, with direct waterfront exposure, the commercial units are a short walk to the F-Train, the Roosevelt Island Tram, the new NYC Ferry, the Queensboro Bridge, and the Cornell Graduate Tech campus, which in September officially opened its first three buildings to its graduate students and world-class faculty. The island’s first hospitality facility, a 196-room hotel, is slated to open in 2019.
Roosevelt Island is home to 16,000 residents and will welcome an academic community of nearly 2,500 when the Cornell Tech campus is fully operational. At full build, the $2 billion plus Cornell Tech campus will be comprised of 2 million square feet of buildings and 2.5 acres of open space on a 12-acre campus, and will be home to more than 2,000 graduate students and hundreds of faculty and staff.
Powered by a highly skilled team of over 100 brokers with a fluency in 15 languages, Eastern Consolidated is one of the country’s preeminent full-service commercial real estate firms. Through three core divisions—Investment Sales, Capital Advisory, and Retail Leasing—Eastern Consolidated serves an impressive roster of international and domestic institutional and private investors on real estate transactions of all sizes and across all property types. For more information, visit www.easternconsolidated.com and follow us on Twitter@EasternConsol.
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