For Sale
$3,500,000

335 38Th StNew York, NY 10018

4,000 sq ft, prime location

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 4,000-square-foot Class A creative office space, located on the 4th floor of 335 West 38th Street in New York City's vibrant Hudson Yards neighborhood, presents a unique investment opportunity. Completely renovated in 2020, this vacant, single-unit property offers a flexible, open floor plan ideal for customization. The legal live/work designation caters to the growing demand for combined residential and commercial spaces. Boasting abundant natural light and a modern design, the space includes a newly renovated kitchen with high-end appliances (Miele dishwasher, Samsung refrigerator, GE 5-burner stove and double oven), two to three bedrooms, two full bathrooms, and a separate work area with one additional bathroom. The unit also features a new Tosot split system air conditioning unit, custom built-in shelving, ample closets, and a new side-by-side Samsung washer and dryer. Its prime location offers easy access to high-end shopping, dining, cultural attractions, and major transportation hubs. The asking price is $3,500,000, representing a 7.00% cap rate. This property is perfect for investors seeking strong rental income potential or owner-occupants desiring a unique, high-demand live/work environment in one of Manhattan's most sought-after areas. The building is a single-story structure with excellent access via a private key elevator.

Highlights

  • 4,000 sq ft Class A creative office loft in Hudson Yards, NYC.
  • $3,500,000 asking price, 7% cap rate, currently vacant.
  • Net lease, single unit, renovated in 2020.
  • Prime Hudson Yards location near amenities and transportation.
  • Legal live/work designation offers flexible space for residential and commercial use.

Property Details for 335 38Th St

Property type
Office properties, Office space
Square Feet
4,000 SF
Class
A
Year Renovated
2020
Buildings
1
Stories
1
Units
1

Location Insight

City
New York
County
New York
State
New York
Latitude
40.7556572
Longitude
-73.9931523
335 38Th St, New York, New York

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335 38Th St
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