Between 60th and 61st Sts.
New York, NY

1010 Third Avenue, located at the northwest corner of 60th Street and Third Avenue, directly across 60th Street from Bloomingdale's flagship store, has 100 feet of frontage on both Third Avenue and 60th Street.

Constructed in 1962, the Property consists of 10,142 square feet of ground-floor retail space, 21,844 square feet of space on the second and third floors, and a 34-space garage located at the base of a 20-story mixed use residential cooperative.

Recently the publicly traded international retailer, Ethan Allan, signed a lease for the entire building for its new flagship location, scheduled to open in late summer 2008.

1010 Third Avenue occupies an enviable position in one of East Side Manhattan's most vibrant districts. In addition to being a direct neighbor of Bloomingdale's, the property is only one block from the Bloomberg Tower, which contains the world headquarters of Bloomberg LP and one of the city's most exclusive residential condos, One Beacon Court. Several other new luxury condos line Third Avenue, just north and south of 1010 Third. Almost directly across the street, the Cinema One, Two and Three complex attracts crowds of movie-goers who add to the dense pedestrian traffic. The East 59th Street/Lexington/Third Avenue subway station complex, with an entrance right in front of 1010 Third, offers access to six subway lines and ranks among the transit systems ten most busy facilities.

For further information and inspection, please contact:

Fred C. Posniak, Senior Vice President
Phone: (212) 850 - 2618
Fax: (212) 986 - 8795
Email: fposniak@wmproperties.com