251 33Rd StNew York, NY 10016

Property Details for 251 33Rd St

Year built

1920

Lot size

0.06 AC

Property size (Sq ft)

14,700 SF

Zone code

C18A

Property type

Office buildings

APN

00914-0025

APU

9140025

Description

This exceptional retail property at 251 East 33rd Street in New York, NY 10016 offers three available commercial spaces totaling 8,638 square feet. Located in New York County, this multi-tenant building presents a unique opportunity for businesses seeking high-visibility locations in a vibrant urban setting. Each suite offers a minimum of 2,720 square feet, with the largest contiguous space measuring 2,959 square feet. The entire building is currently vacant, providing a blank canvas for a new tenant or a group of synergistic businesses. The property features convenient elevator access, ensuring easy movement of goods and personnel. This prime location provides excellent street visibility and accessibility, making it ideal for a variety of retail ventures. The address, 251 East 33rd Street, is easily identifiable and situated within a bustling commercial district, offering high foot traffic and potential for significant customer engagement. This is a rare opportunity to secure a substantial retail presence in a highly desirable New York City location. The building's size and layout offer flexibility for various business models, from single-occupancy to multi-tenant configurations. Don't miss this chance to establish your business in this dynamic and thriving area. Contact us today to learn more about leasing options and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $2,430,349

  6.5%

  $2,243,399

  7%

  $2,083,156

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,920,702

  Geo Method

  $1,920,702

• Alternative Use

  Use

  Valuation

  Residential

  $2,781,815

  Hospitality

  $2,548,128

  Educational

  $2,120,012

  Medical

  $2,192,923

  Retail

  $3,297,797

Location Insight

City

New York

County

New York

State

New York

Latitude

40.7445

Longitude

-73.9767

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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