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.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$2,177,100
6.5%
$2,009,630
7%
$1,866,090
Comparable approach
Method
Valuation
Relative Method
$1,539,310
Geo Method
$1,539,310
Alternative Use
Use
Valuation
Industrial / Distribution
$3,933,000
Retail / Commercial
$2,016,820
Hospitality / Lodging
$1,474,400
Office
$1,997,690
Institutional / Educational
$2,089,210
Residential Income
$2,444,370
Multifamily
$2,931,650
Automotive / Energy
$1,790,750
Parking / Income-Based Land
$617,966
Restaurant / Food Service
$1,045,230
Healthcare / Senior Housing
$2,060,840
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
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44Th St New York, NY 10017
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44Th St New York, NY 10017
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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