A 3-level 27,500 square foot parking facility located on the upper, ground, and cellar levels of a 311 unit residential and 35,000 square foot retail building within Manhattan’s midtown west and theatre district. After acquiring the garage, a large portion of the property was converted to a Hertz Car Rental facility. Purchased for $5M in late 2006 and the garage most recently sold in 2017 for over $17M.
Property Type
Parking
Investment Date
10/1/2006
Address
500 West 43rd Street
Featured Highlights
- Electric charging stations
- Digital & ticketless transactions
- Customer vehicle retrieval notification app
- Dedicated climate controlled customer service area
- Bicycle and motorcycle parking available
- Valet parking garage
- Self parking available
- 24/7 Access