Property details

34th Street Parking Garage

Investment type

Value Add

Asset Class

Parking

Ownership Structure

Delaware Statutory Trust (DST)

Year Acquired

2023

Investment Summary

The Property consists of a 92-space garage situated just off the intersection of East 34th Street and 1st Avenue.

The NYU Hospital corridor is located one block east of the Property and is comprised of the NYU Grossman School of Medicine, Tisch Hospital (300 beds, 66 operating rooms), Kimmel Pavilion (374 beds, 30 operating rooms), and the Hassenfeld Children’s Hospital (102 pediatric beds) and the Ronald O. Perelman Center for Emergency Services (NYU Langone Emergency Department).