2108 3Rd AveNew York, NY 10029

  • Mixed-use properties
  • 3,032 SF
For Lease

Property Details for 2108 3Rd Ave

Year built
1910
Lot size
0.10 AC
Property size (Sq ft)
3,032 SF
Zone code
C4-6
Property type
Mixed-use properties
Property subtype
Retail residential properties
APN
01643-0035
APU
16430035

Description

This exceptional 98,000 square foot medical office building, located at 2108-2116 Third Avenue in New York, NY 10029, presents a unique investment opportunity. The property boasts a prime location in New York County and offers multiple suites for lease, ranging from a minimum of 4,500 square feet to a maximum contiguous space of 10,700 square feet. Currently, there are five suites in total, with 35,600 square feet of vacant space readily available for immediate occupancy. The building's classification includes both retail and office space, specifically catering to medical office tenants. This makes it ideal for a variety of healthcare practices seeking a prominent and accessible location. The flexible suite sizes allow for customization to suit the specific needs of different medical businesses, from small practices to larger multi-specialty clinics. The building's substantial size and prime location in a thriving New York City neighborhood offer significant potential for growth and success. This is a rare opportunity to secure high-quality medical office space in a highly desirable area. Interested parties are encouraged to inquire for further details and leasing options. The property is situated at 40.7916407 latitude and -73.9447994 longitude.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $621,587
    6.5%
    $573,773
    7%
    $532,789
  • Comparable approach

    Method
    Valuation
    Relative Method
    $614,050
    Geo Method
    $614,050
  • Alternative Use

    Use
    Valuation
    Residential
    $573,773
    Hospitality
    $525,573
    Educational
    $437,271
    Medical
    $452,309
    Retail
    $680,199
2108 3Rd Ave, New York, New York

Location Insight

City
New York
County
New York
State
New York
Latitude
40.7976
Longitude
-73.9407
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$41,372
$285,750
$134,290
$420,040
-
$635,000
$233,000
$868,000

FAQs

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