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For Lease
$64 SF/Yr

118 West 22nd Street, New York, NY 10011

Office buildings

Space SizeContact for details
Days on Market115

Property Features for 118 West 22nd Street

General Information

Standard status Active
Property subtype Office

Site & Location

Neighborhood Midtown Manhattan
Listing Agency: CBRE | Midtown Manhattan
Listed By: Paul Walker
Source: Cbre
Added: Jul 9 Changed: Oct 30 Last Checked: Oct 30 at 11:04AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Midtown Manhattan

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Key Highlights

  • 118 W 22nd St located on West 22nd Street between Fifth and Sixth Avenues in the Flatiron area (Midtown South office submarket).
  • Building is steps from Madison Square Park.
  • Nearby access to the Flatiron District and NoMad.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

The-Artery Film Production Significant Others Film Production True Interaction (Bike/Boat/Book/etc) Store Hello World Communications Film Production Final Cut Marketing & Advertising

Suggested Use

Top Pick Pet Grooming Service Nursing Home Buffet Adult Day Care (Bike/Boat/Book/etc) Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$9.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

63,087
Businesses Nearby

Demographics for 10011, NY

53,318
Population
35,049
Households
1.5
Avg Household Size
39
Median Age
79%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
88,863
Density / Sq Mi
$146,571
Median Household Income
$113,503
Median Earnings
$2,868
Median Rent
$1,165,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New York, NY

$51.45 /SF/Yr
Avg Asking Price
$37–$65 /SF/Yr
Price Range
41,254 SF
Avg Space Size

This space is priced 24% above the average of $51.45 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

Where is this office building located?
The property is located at 118 West 22nd Street New York, NY.
What is the lease rate?
The lease rate is $64 SF/Yr.
What are key features of this property?
This property features: 118 W 22nd St located on West 22nd Street between Fifth and Sixth Avenues in the Flatiron area (Midtown South office submarket).; Building is steps from Madison Square Park.; Nearby access to the Flatiron District and NoMad.
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Includes: Price & PSF · Cap rate · Location · Zoning

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