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    232 E 59Th St New York, NY 10022

    For Lease
    $20,000 /Mo ($74 SF/Yr)

    Office space in the Design District available January 2025.

    Property size:
    3,212 SF
    Lot size:
    0.19 Acres

    Property Features for 232 E 59Th St

    General Information

    Size
    3,212 SF
    Lot size
    0.19 Acres

    Source: Besen Partners Agent Preeti Mirani

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

    Overview

    Design District Office Space

    Located in the Design District at 232 East 59th Street, Suite 6N, this office space is situated in a "To the Trade" design building. The property features high ceilings and windows. It is located on the same block as the D&D Building. The space will be available in January 2025. The building caters to a sophisticated clientele. The property contains 3,212 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Chinese Porcelain Company Antique Furniture Store 1stBid Auction House Gerald Bland Furniture Store C&C Milano New ... Fabric Product Manufacturer Venetian Heritage Non-Profit Organization

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Nail Salon Dental Office Law Firm 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
    -73.965166
    Latitude
    40.7608472

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    FAQs

    What type of property is this?
    Office space - Office space in the Design District available January 2025.
    Where is this office space located?
    The property is located at 232 E 59Th St New York, NY.
    What is the lease rate?
    The lease rate is $74 SF/Yr.
    What are key features of this property?
    This property features: - Located in the Design District; - “To the Trade” design building; - Same block as D&D Building
    (212) 689-8488
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    232 E 59Th St New York, NY 10022
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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
    232 E 59Th St New York, NY 10022
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