Investors and developers take note – there is an entire building being auctioned off on July 24th right here in NoMad at 246 5th Avenue, with a starting bid of $5 Million. The space is currently 6 floors of 32,049 class B office space from what we have read, and it seems to have additional air rights of 24,601 square feet.
Bidding begins on July 22nd, and ends on July 24th online through Auction.com. See the listing here.
So real estate pros and amateurs – what will the final price be? Make your guess here in the comments or on the related-Facebook post. Closest guess gets the ultimate real estate respect of the MadParkNews community.
Entire Fifth Avenue NoMad building to be auctioned off ,