545 45Th StNew York, NY 10036

  • Flex space
  • 11,600 SF
For Sale

Property Details for 545 45Th St

Year built
1910
Lot size
0.29 AC
Property size (Sq ft)
11,600 SF
Zone code
R8
Property type
Flex space
APN
01074-0300
APU
10740300

Description

This exceptional executive office space, located at 545 West 45th Street in New York, NY 10036, offers 22,504 square feet of meticulously designed workspace. The property boasts quintessential loft-like features including 12-foot ceilings, large windows, and efficient column spacing, creating a bright and airy atmosphere. Situated in the heart of Manhattan's Westside, this property benefits from its prime location, placing it in the epicenter of ongoing transformation. The building offers convenient amenities such as a recently renovated attended lobby, two freight elevators with an interior loading dock, and modern passenger elevators. Tenants will appreciate the proximity to a vibrant array of dining and retail options, including Gotham West Market, Ivan Ramen, Ample Hills Creamery, Seamore's, and Broken Coconut. A significant advantage is the inclusion of a large private terrace on the 8th floor, providing an outdoor oasis for employees. The asking price is $750 per square foot. Individual floors are available for sale separately, and additional floors may be made available upon request. This presents a unique opportunity to acquire a substantial and well-appointed office space in a highly desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,195,174
    Hospitality
    $2,010,767
    Educational
    $1,672,935
    Medical
    $1,730,470
    Retail
    $2,602,343
545 45Th St, New York, New York

Location Insight

City
New York
County
New York
State
New York
Latitude
40.7625
Longitude
-73.9958
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
$131,588
$108,029
$1,134,308
$1,242,337
-
$240,065
$3,261,090
$3,501,155

FAQs

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