OVERVIEW

INVESTMENT SUMMARY

Cushman & Wakefield has been exclusively retained to sell the condominium ownership interest in the entire floors 33, 34, 35, 36, and 37 at 633 Third Avenue (“The Property”). The Class A office condominiums are located on Third Avenue within one of the most highly desired submarkets in Manhattan, the Grand Central submarket, just east of Bryant Park and west of the United Nations. The Property is being sold by Time Equities (“Owner” or “TE”), the original Sponsor who converted the office tower to condominium in 1995. The floors will be delivered vacant allowing immediate possession.

Each floor in 633 Third Avenue is a separate condominium unit. Time Equities owns the 33rd through 37th floors and the associated common areas, representing an approximate 10.024% condominium ownership interest in the building. The subject units are identified as Block 1314, Lots 1432, 1433, 1434, 1435, and 1436 on the tax maps of NYC. Each floor measures approximately 19,729 RSF for a total contiguous block of 98,645 RSF. Floors 33-34 are interconnected via an internal staircase and floors 35-37 are interconnected via an internal staircase making seamless interconnectivity for two and three floor tenants.

Other Owners of condominium interests in the building include Memorial Sloan-Kettering Cancer Center, the New York State Governor’s Office, the Consulate General of Switze