401 207Th StNew York, NY 10034

Property Details for 401 207Th St

Year built

2004

Lot size

0.63 AC

Property size (Sq ft)

274,569 SF

Zone code

R8A

Property type

Retail residential properties

APN

02189-0060

APU

21890060

Description

This exceptional commercial property at 401 West 207th Street in New York, NY 10034, offers a unique opportunity for businesses seeking flexible and stylish office space. Located in New York County, this multi-tenant building boasts a total of 35,500 square feet, with a significant 35,000 square feet currently vacant. The space is ideal for both executive and creative office uses, offering a range of sizes to accommodate various needs. Units range from a minimum divisible space of 17,000 square feet up to a maximum contiguous space of 18,500 square feet. The building features impressive ceiling heights, ranging from 17 feet to 20.5 feet on the ground floor and 17 feet in the lower level, creating a spacious and inspiring work environment. This prime location provides easy access to various amenities and transportation options within New York City. The property is classified as both retail and office space, offering versatility for a wide array of businesses. Don't miss this chance to secure your ideal workspace in this vibrant and dynamic area of Manhattan. Inquire today to learn more about leasing options and availability.

• CAP approach

  CAP return

  Valuation

  6%

  $56,289,128

  6.5%

  $51,959,192

  7%

  $48,247,824

• Comparable approach

  Method

  Valuation

  Relative Method

  $55,606,536

  Geo Method

  $55,606,536

• Alternative Use

  Use

  Valuation

  Residential

  $51,959,192

  Hospitality

  $47,594,344

  Educational

  $39,597,936

  Medical

  $40,959,768

  Retail

  $61,596,788

Location Insight

City

New York

County

New York

State

New York

Latitude

40.8642

Longitude

-73.9174

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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