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    1166 Avenue Of The Americas New York, NY 10036

    For Lease
    Contact for pricing

    Demolished office floors available for tenant build-out.

    Property size:
    40,240 SF
    Lot size:
    0.74 Acres

    Property Features for 1166 Avenue Of The Americas

    General Information

    Size
    40,240 SF
    Lot size
    0.74 Acres

    Source: Newmark - Corporate Agent David Falk

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Office Space Ready for Installation

    Office space is available for lease, with each floor offering 40,240 square feet. The floors are delivered demolished, prepared for tenant installations. Access is provided to a newly renovated cafeteria located on the 35th floor. Possession of the 24th and 25th floors for tenant construction is scheduled for the second quarter of 2025.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Dental Office Building Supply Daycare Center Auto Repair Shop Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9822586
    Latitude
    40.7570053

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    FAQs

    What type of property is this?
    Office space - Demolished office floors available for tenant build-out.
    Where is this office space located?
    The property is located at 1166 Avenue Of The Americas New York, NY.
    What are key features of this property?
    This property features: - Direct lease from Marsh & McLennan Companies; - Floors delivered demolished and ready for tenant installation; - Large floor plates: **40,240 SF per floor**
    (212) 372-2271
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1166 Avenue Of The Americas New York, NY 10036
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