CBRE, Wexler Healthcare Properties Appointed Exclusive Sales Agents for Commercial Condo at 38 East 61st Street Between the Plaza District and Lenox Hill

CBRE today announced it has been appointed the exclusive sales agent, in association with Wexler Healthcare Properties at the Corcoran Group, for a 27,289 sq.-ft. commercial condominium located at 38 East 61st Street between the Plaza District and Lenox Hill. This unique space presents highly coveted exterior opportunities for branding with 32 linear feet of prime ground floor canopy signage spanning three sides on 61st Street and a vertical banner perpendicular to the building facade.

The CBRE team of Justin Arzi and Dan Kaplan will work closely with Paul Wexler and Josef Yadgarov of Wexler Healthcare Properties to spearhead the marketing campaign on behalf of the current ownership.

“We believe this unique space off of Madison Avenue is ripe for conversion to a flagship corporate headquarters, a high-end medical practice, a consulate or nonprofit, among a myriad of other uses,” said Mr. Kaplan. “In addition to its prime location and branding opportunities, the commercial condominium features a separate entrance, skylights and two private elevators, all highly sought-after features in the market.”

Offering potential end-users with a building-with-a building presence, the commercial condominium is being delivered vacant for immediate occupancy. Flexible zoning allows for the conversion to any commercial use or medical specialty. The property boasts access to many public transportation options including the N, R, W, 4, 5, 6, F, and Q subway lines and bus routes M1, 2 and Q 32.