Renovated 730 Third Avenue in New York City

Renovated 730 Third Avenue in New York City is a stunning example of modern architecture. This 34-story skyscraper is a must-see destination in Midtown Manhattan.

Standing at 574 feet tall, 730 Third Avenue is a prominent fixture on the city skyline. Its sleek and modern design makes it a favorite among locals and tourists alike.

The building's recent renovation has brought new life to the space, with updated amenities and a fresh aesthetic. The lobby is now a sleek and modern space, perfect for meeting with clients or taking a break from the hustle and bustle of the city.

The building's prime location puts residents and tenants within walking distance of some of New York City's best restaurants, shops, and cultural attractions.

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The 3rd Avenue market in New York is highly competitive, with several comparable properties in the area.

730 3rd Avenue is located near other notable properties, including 100 Park Avenue and 600 3rd Avenue, both of which are also on 3rd Avenue.

The area is also home to several other buildings, such as 757 3rd Avenue and 666 3rd Avenue, which may impact the market for 730 3rd Avenue.

Here are some key properties in the area:

The tenants of 730 3rd Avenue are a diverse group of companies and organizations. Some of the notable tenants include Sona Asset Management, Greenbelt Capital Partners, and UNFPA, all of whom signed new leases in 2024.

In 2023, several tenants signed new leases, including Infrared Capital Partners, PAI Partners, TIAA, Zeichner Ellman & Krause, and Capalino+Company. These companies join the existing tenant roster, which includes a mix of industries and sectors.

A closer look at the tenant list reveals a few interesting trends. For example, K2 Integrity signed a new lease in 2022, while Citibank extended their lease in the same year.

Here is a breakdown of the tenants by year:

The tenant list also highlights the presence of several professional services firms, including Odgers Berndtson and Goulston & Stors.

When analyzing the market for commercial properties, it's essential to consider comparable properties in the area.

730 3rd Avenue has several comparable properties nearby, including 655 3rd Avenue and 600 3rd Avenue, both located in the same zip code.

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These properties are situated in the heart of New York City, with 655 3rd Avenue and 600 3rd Avenue offering similar addresses and views.

The neighborhood is bustling with activity, with many businesses and residents nearby.

Here are some of the comparable properties mentioned in the article:

The revamped 730 Third Ave. in Midtown has made its debut after a $120-million transformation. This impressive renovation was led by Taconic Partners in partnership with Nuveen Real Estate.

Taconic Partners has retained a CBRE team to handle leasing of the 226,000 square feet available on the building's 12th to 27th floors. This team is led by vice chairs Paul Amrich and Neil King.

The building's proximity to Grand Central Terminal is a major selling point, according to Colleen Wenke, chief development officer at Taconic Partners. She believes it will make 730 Third Ave. one of the most coveted Midtown addresses.

Nuveen has hired a JLL team to lease 5,700 square feet of ground floor retail space in the building. This team is led by Patrick Smith and Matthew Schuss.

The property located at 730 Third Avenue is a significant commercial space. It spans over 200,000 square feet.

This project is a commercial interior transformation, aiming to create modern open concept work spaces.

The property's MEP systems underwent a thorough commissioning process to ensure smooth functionality and efficiency.