438 37Th StNew York, NY 10018

Property Details for 438 37Th St

Property size (Sq ft)

957 SF

Zone code

R8A

Property type

Industrial properties

Property subtype

Flex space

APN

00734-1066

APU

7341066

Description

This exceptional 28,768 square foot commercial property at 438 West 37th Street in New York, NY 10018 presents a unique investment opportunity. The building, categorized as retail, office, and industrial space, features a desirable executive office and manufacturing subtype. Boasting soaring 13'4" ceilings and expansive north and south facing windows, the space offers abundant natural light and impressive volume. The layout includes unique, larger floor plates with the possibility of a two-floor contiguous block. The property benefits from very low carrying costs, further enhancing its financial appeal. Recent renovations include a newly updated lobby and other building improvements. Attractive financing options are available, with up to 90% financing potentially accessible. The building's strategic location offers unparalleled convenience and prestige. It is situated next to notable establishments including the Baryshnikov Arts Center, Chef's Table at Brooklyn Fare, Uncle Jack's Steakhouse, Walt Frazier's, Legacy Records, and Peloton's corporate headquarters. Across the street, the Brooklyn Fare gourmet store provides convenient and high-quality lunch options for tenants and employees. The asking price for this remarkable property is $18,699,000, translating to a price per square foot of $650. This presents a compelling investment opportunity in a vibrant and highly sought-after New York City location.

Location Insight

City

New York

County

New York

State

New York

Latitude

40.7559

Longitude

-73.997

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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