CBRE Selling Midtown East Garage/Lot With Many Possibilities

CBRE has been tapped to sell one Midtown East Garage and a lot for possible redevelopment, the firm announced earlier

CBRE has been tapped to sell one Midtown East Garage and a lot for possible redevelopment, the firm announced earlier this week.

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The properties, located on 240 East 54th Street and 245 East 53rd Street, have a total lot area of 12,251 square feet with approximately 39,000 square feet of buildable space.  Both properties are nestled between Midtown East’s unique nexus of office properties, high-end residential buildings, and a collection of medical centers like Weil Cornell Medical Center and Memorial Sloan Kettering Cancer Center. 

Both spaces have been out on the market for three weeks and have already drawn interest from a mix of developers, including those with ties to the medical community, said CBRE.
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CBRE Selling Midtown East Garage/Lot With Many Possibilities