57 38Th StNew York, NY 10018

Property Details for 57 38Th St

Year built

1915

Lot size

0.12 AC

Property size (Sq ft)

4,470 SF

Zone code

M1-6

Property type

Warehouses

APN

00840-1001

APU

8401001

Description

This exceptional owner-user opportunity presents a 5,540 square foot office building at 57 W 38th St in New York, NY 10018. Located in Midtown West, this Class C building boasts a prime location near Bryant Park, Grand Central Terminal, Penn Station, and the Port Authority Bus Terminal, offering unparalleled accessibility. Built in 1915, the 12-story building sits on a 0.23-acre lot and features high ceilings and column-free space within its 5,540 square feet. Currently configured as five units, with Unit 601 vacant, this property offers flexibility for various business needs. The building includes an attended lobby and provides 24/7/365 access. Real estate taxes are $52,439 annually (paid bi-annually), and common charges are $36,300 annually ($3,025 monthly). The asking price is $3,900,000, translating to $703.97 per square foot. This is an ideal investment for an owner-occupier seeking a well-situated, adaptable space in a vibrant and convenient location. The property's size and layout offer significant potential for customization and growth. This is a rare opportunity to acquire a well-maintained building in a highly sought-after area of Manhattan.

Location Insight

City

New York

County

New York

State

New York

Latitude

40.7522

Longitude

-73.9851

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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