247 35Th StNew York, NY 10001

Property Details for 247 35Th St

Year built

1910

Lot size

0.02 AC

Property size (Sq ft)

3,444 SF

Zone code

R9

Property type

Office properties

Property subtype

Office buildings

APN

00916-0028

APU

9160028

Description

This exceptional office property at 247 W 35th St, situated in the vibrant Garment District of Midtown South, offers a diverse range of flexible office spaces. Built in 1931, this 48,657 square foot building provides multiple tenancy options, catering to various business needs. Available spaces range from 1,800 to 3,300 square feet, ideal for businesses seeking traditional office layouts, executive suites, coworking arrangements, medical offices, or creative office environments. The building features attractive amenities including HVAC, granite restrooms, and private offices with ample work areas. A convenient dry pantry adds to the functionality of the space. The location is unparalleled, offering easy access to a multitude of transportation options, including the 1, 2, 3, A, C, E, B, D, F, M, N, Q, R, and W subway lines, as well as numerous bus routes. The surrounding area boasts a wealth of restaurants, bars, and other amenities, making it an ideal location for businesses and employees alike. This property presents a unique opportunity to establish a presence in one of Manhattan's most dynamic and sought-after neighborhoods. The building is located in New York County, New York, zip code 10001.

• CAP approach

  CAP return

  Valuation

  6%

  $569,396

  6.5%

  $525,596

  7%

  $488,054

• Comparable approach

  Method

  Valuation

  Relative Method

  $449,993

  Geo Method

  $449,993

• Alternative Use

  Use

  Valuation

  Residential

  $651,740

  Hospitality

  $596,990

  Educational

  $496,689

  Medical

  $513,770

  Retail

  $772,627

Location Insight

City

New York

County

New York

State

New York

Latitude

40.7458

Longitude

-73.9757

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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