OVERVIEW

Cushman & Wakefield has been exclusively retained to sell 281-283 Lexington Avenue, a/k/a The Soldiers', Sailors', Marines', Coast Guard and Airmen's Club, a historic private social club in New York’s Murray Hill neighborhood of Manhattan, NYC. This charming building was built in 1882 as two of six townhomes (279-289 Lexington Avenue) for the upper middle class of that period. Since 1927, serving returning veterans of World War I, the clubhouse has operated as accommodations for U.S. servicemen and women, military veterans, and their families at discounted rates. The beaux-arts, bay-windowed building at West 37th Street is not an official landmark.

The property is configured with 36 dormitory style bedrooms with marble shower baths on every floor, a library, several larges event rooms, and a dining room with lounge. The building sold its air rights to the adjacent co-op known as the Carlton Regency when it was built in 1979 and straddles the club on both sides. The building benefits from its soaring ceiling heights ranging from 9'-12'6" throughout, vented kitchen and in-place equipment, and flag branding rights. The building remains an outstanding visual asset to the Murray Hill community. Although the widening of Lexington Avenue meant the loss of the original brownstone stoops and the stone facades have been painted, the last two surviving houses of Charles Buek & Co.’s 1882 row are otherwise little changed.

Delivered vacant for immediate possession, t