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229 East 60th Street,
Exceptional investment opportunity

Price $ 15 900 000
ID LAI160565
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229 East 60th Street, Exceptional investment opportunity
  • Country: USA
  • Adress: 229 East 60th Street, New York, New York County, New York State, 10022
  • Product type: house
  • Area: 465 m²

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Property details

The Galleum Building is a spectacular, newly re-constructed, twenty-foot wide, 5000sqf (aprox. above grade), five story, mixed use, building, with an ADA approved elevator, sizable private garden, large rear veranda, and a roof deck that provides 360 degree quintessential New York City views.

Gallelum is found on the north side of Sixtieth Street between Third and Second Avenues, placing it directly in the centre of the much coveted Treadwell Farm Design District.Galleum was taken down to the studs and underwent a no expense spared, three year rebuild that was completed in June 2016. Only the finest materials were sourced and used from top to bottom.

The construction features include: New Steel Beams throughout, new electrical and plumbing throughout, LED lighting throughout, New Mitsubishi HVAC System, high speed (60 feet per minute) 4'x7' elevator that services the roof, three hospitality kitchens, walnut slab Vanities, custom glass shower enclosures. New thermal windows and doors, new concrete floors in basement, state of the art security system with card readers and 16 security camera, new roof with 25 year warranty, Vermont slate floors on the first, second and third floors, New Oak Floors in the on the 4th & 5th Fl., and a custom marble garden.The Certificate of Occupancy permits retail on the lowest level, first, and second floors, commercial offices / showroom use on the third floor and residential on the fourth and fifth floors. Currently the residential component of the building consists of two one bedroom floor -through apartments, one per floor. Additional air rights are intact so further development is a possibility.

Please note that for technical reasons, the property's location on the map is not exact. Please contact us for more information on the address and location.
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