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<div style="display: flex; flex-direction: column; margin-top: 0.15rem; width: 200px; height: fit-content; align-items: left;
 justify-content: center; font-family: Inter,sans-serif; ">
 <img src="https://cf.reverecre.com/cdn-cgi/image/w=200,h=undefined,fit=scale-down/https://storage.googleapis.com/revere-user-uploads/project%2F243a64b0-18b8-41da-ba4f-47c2412545c9%2Ff9dcb9ae-db3b-4edd-b18f-a15489691661" onerror="this.style.display='none'" alt="Garage at 1035 Third Ave Image" style="object-fit: cover; width: 200px;" />
 Special Purpose 
 
 Garage at 1035 Third Ave
 
 New York, NY 
 By Ackman-Ziff

 <a href="/user/54a01d59-e4a0-4fc2-bd72-08ee18e6db91" style="margin-top: 0.5rem; font-size: 10px; text-decoration: underline;">David Robinov</a>
 
 Managing Director
 
 
 <a href="tel:(212) 994-8711" style="margin-top: 0.25rem; font-size: 10px; text-decoration: underline;">(212) 994-8711</a>
 

 <a href="https://platform.reverecre.com/project/243a64b0-18b8-41da-ba4f-47c2412545c9" target="_blank" style="text-decoration: underline; color: #2E74B3; text-align: left; margin-top: 0.5rem">
 View Listing
 </a>
 </div>

Ackman-Ziff is the industry’s preeminent boutique real estate capital advisory firm. Ackman-Ziff offers a wide variety of cutting-edge commercial real estate capital markets financing solutions, including debt and mezzanine financing, preferred and joint venture equity, sponsor equity, and investment sales. 

In business for over 90 years, the privately held company is headquartered in New York City with offices in Miami, Los Angeles, and Boston. The firm is highly regarded in the industry for its integrity, creativity, and advocacy on behalf of its clients.

Director

Managing Director

Passive Cashflow: Master leased to ICON Parking with virtually no landlord responsibilities

Prime Location: Situated at the corner of 61st & Third, surrounded by luxury residences, hospitals, retailers, and top-tier dining in one of NYC’s most affluent neighborhoods

Congestion Pricing Advantage: Just north of the 60th Street toll boundary; positioned to benefit from inbound vehicle demand diversion due to congestion pricing

Long-Term Stability with Upside: ICON Parking lease extends through 2032 with fixed rent steps. and no renewal options, allowing flexibility at expiration for potential parking operators to take over

Sales Team

Ackman-Ziff Real Estate Group LLC is pleased to present the opportunity to acquire the parking condominium at 1035 Third Avenue, located in Manhattan’s prestigious Upper East Side. The garage spans two below-grade floors at the base of the 31-story luxury tower at 61st Street and 3rd Avenue, and is master leased to ICON Parking, one of New York City’s dominant parking operators. Located just two blocks north of the 60th Street Congestion Pricing Zone, the Property is strategically positioned to capitalize on the city’s tolling policy, drawing drivers seeking cost-effective alternatives to Midtown.

David joined Ackman-Ziff in 2012 and launched Ackman-Ziff’s investment sales team, integrating this service line with Ackman-Ziff’s debt and equity practices.

David’s career has been highlighted by the recapitalization of major shopping center assets nationwide. He has sold or financed numerous noteworthy and trophy retail properties including: The Westchester, Tysons Corner Center, Stamford Town Center, The Starwood Urban Portfolio, The Court and Plaza at King of Prussia, The Source at White Plains, Easton Town Center, Suburban Square, and Bergdorf Goodman’s Flagship Store.

Before joining Ackman-Ziff, David was a Senior Vice President at Acadia Realty Trust, where he oversaw retail acquisitions by the REIT for its core holdings, as well as sourcing and investing in value-add assets for its opportunity fund. He also was a member of its Financing Committee and facilitated disposition of non-core assets. Prior to Acadia, David spent 20 years at Eastdil Secured, most recently as a Managing Director , where he was the co-head of the retail transaction team. David started his career as an Analyst with Lazard Realty, in the residential and office development group.

David holds a B.S.E. in real estate finance from The Wharton School at University of Pennsylvania as well as a B.A.S. in civil engineering from Penn’s School of Engineering and Applied Science.

Overview

Investment Highlights

Sales Team

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