14 44Th StNew York, NY 10017

Property Details for 14 44Th St

Year built

1939

Lot size

0.06 AC

Property size (Sq ft)

11,550 SF

Zone code

C52.5

Property type

Mixed-use properties

Property subtype

Retail residential properties

APN

01278-0062

APU

12780062

Description

This stunning 2,500 square foot executive office loft, located at 14 East 44th Street in New York County, NY, 10017, presents an unparalleled opportunity. The entire floor is available for single-tenant occupancy, offering a plug-and-play solution for discerning businesses. The space boasts a dramatic, open layout with large private offices, a dedicated conference room, and two bathrooms. High ceilings, exposed brick, and stunning architectural details create a sophisticated and inspiring work environment. The loft also features three private phone booths, stylish exposed spiral ducts, hardwood floors, and abundant natural light from numerous windows. A wet pantry adds convenience. This exceptional property is ideally situated near Grand Central Terminal, providing unparalleled access to transportation and the heart of Manhattan. The asking price is highly competitive at $39 per square foot. This is a rare chance to secure a prestigious, fully equipped office space in a prime location. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $2,367,854

  6.5%

  $2,185,712

  7%

  $2,029,590

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,339,141

  Geo Method

  $2,339,141

• Alternative Use

  Use

  Valuation

  Residential

  $2,185,712

  Hospitality

  $2,002,100

  Educational

  $1,665,724

  Medical

  $1,723,011

  Retail

  $2,591,126

Location Insight

City

New York

County

New York

State

New York

Latitude

40.7542

Longitude

-73.9791

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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