134 25Th StNew York, NY 10001

Property Details for 134 25Th St

Year built

1920

Lot size

0.09 AC

Property size (Sq ft)

26,905 SF

Zone code

M1-6

Property type

Banks

APN

00800-0059

APU

8000059

Description

This exceptional 4,911 square foot office space, located at 134 West 25th Street (between 6th and 7th Avenues) in the vibrant Chelsea submarket of Midtown Manhattan, presents a unique opportunity. The full floor offers a flexible layout suitable for creative or traditional office uses. The space boasts high-end finishes including exposed wood rafters, exposed brick, hardwood floors, and a working electric fireplace. A bistro-style wet pantry with an island adds convenience. Central HVAC ensures year-round comfort. The property includes multiple breakout rooms and three bathrooms, with the potential to add a shower. Large windows offer excellent natural light and signage opportunities. The building allows for most uses and provides 24/7 access. Furniture and fixtures are included in the sale, and the landlord is open to reasonable modifications to suit tenant needs. This owner-occupied asset is situated in an excellent building and location, making it an ideal choice for a discerning business. The property is located in New York County, NY, zip code 10001.

• CAP approach

  CAP return

  Valuation

  6%

  $6,538,854

  6.5%

  $6,035,866

  7%

  $5,604,732

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,858,826

  Geo Method

  $8,858,826

• Alternative Use

  Use

  Valuation

  Residential

  $5,091,478

  Hospitality

  $4,663,767

  Educational

  $3,880,199

  Medical

  $4,013,645

  Retail

  $6,035,866

Location Insight

City

New York

County

New York

State

New York

Latitude

40.7446

Longitude

-73.9934

CBSA code

35620

CBSA name

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

Property Tax & Assessments

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