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    33 Irving Pl New York, NY 10003

    For Lease
    Contact for pricing

    Pre-war Art Deco building near Union Square for rent.

    Property size:
    10,700 SF
    Lot size:
    0.34 Acres

    Property Features for 33 Irving Pl

    General Information

    Size
    10,700 SF
    Lot size
    0.34 Acres

    Source: GFP Real Estate Agent Alphie Toro

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

    Overview

    Mercantile Building Office and Retail

    The Mercantile Building, formerly known as the Crown Building, is located at 33 Irving Place, also known as 120 East 16th Street. This pre-war, full-service Art Deco office building occupies a prime location on Irving Place, between East 15th and East 16th Streets. Constructed in 1909 by Goldwin Starrett & Van Vleck, the same architectural firm responsible for the Saks Fifth Avenue building, it was converted in 1987. The building features 12 floors, 6 passenger elevators, and 1 freight elevator, and includes a renovated lobby. Situated near Union Square, Irving Place is close to New York City's growing tech center and provides access to restaurants, shops, and mass transit. The building is also located steps from Gramercy Park, Stuyvesant Square and Union Square Park. In 2017, the building was awarded an Energy Star label for its operating efficiency. The available space is divisible and suitable for office or retail use. The property offers 10,700 square feet of space.
    Location Intelligence

    Current Use by Public Records

    MJS Construction Consulting ... Interior Construction Contractor Worksome Recruiter BFC Support Website Designer Close the Loop Group Website Designer Ben Freda Consulting Website Designer

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    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
    -73.987894
    Latitude
    40.735298

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    FAQs

    What type of property is this?
    Office space - Pre-war Art Deco building near Union Square for rent.
    Where is this office space located?
    The property is located at 33 Irving Pl New York, NY.
    What are key features of this property?
    This property features: - Prime location on Irving Place, bordering Union Square and near the growing NYC tech center.; - Convenient access to numerous parks, restaurants, shops, and mass transit.; - Full-service, pre-war Art Deco building with a tastefully renovated lobby.
    (212) 609-8000
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    33 Irving Pl New York, NY 10003
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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
    33 Irving Pl New York, NY 10003
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