High-End Showroom/Office
For Sale
Contact for pricing
35 W 36th St, New York, NY
Showroom/office space with exposed ceilings, brick walls, and wood flooring.
Property Size6,758 SF
Lot Size0.12 Acres
Price / SF$645
Days on Market604
Property Features for 35 W 36th St
General Information
Standard status
Active
Size
6,758 SF
Lot size
0.12 Acres
Property subtype
OFFICE
Listing Agency:
Rudder Property Group
(646) 483-2203
Listed By:
Michael Rudder · License #10491201687
(646) 483-2203
Source:
Moodyscre
Added: Dec 3, 2024
Changed: Jul 6
Last Checked: Jul 22 at 4:19AM
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 Rudder Property Group
Investment Insights
Based on property information with market context.
This property features a high-end apparel/showroom installation. The space benefits from oversized windows offering multiple exposures. It has 11’ 4” slab-to-slab exposed ceiling heights, attractive wood flooring, and exposed brick walls. The property includes private restrooms, individual HVAC systems, and a large kitchen area. The total property size is 6,758 square feet.
Key Highlights
- High‑end apparel/showroom installation
- Oversized windows with multiple exposures**
- 11’ 4” slab‑to‑slab exposed ceiling heights
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $347.9k | $51.48 |
| − Vacancy | −$65.8k | −$9.73 |
| EGI | $282.1k | $41.75 |
| − OpEx | −$70.5k | −$10.44 |
| NOI | $211.6k | $31.31 |
6,758 SF · lease $51.48/SF/yr · vacancy 18.90% · expense 25.00%
Alternative Uses
Best Use
Retail
$13.59M
$11.89M – $15.85M
NOI $951,016 @ 7.0% cap · market cap 21.82%
Second Best
Office B
$3.02M
$2.65M – $3.53M
NOI $211,611 @ 7.0% cap · market cap 4.85%
Theoretical Best
Specialty Retail
$16.82M
$14.72M – $19.63M
NOI $1,177,514 @ 7.0% cap · market cap 27.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
283
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Showroom/office space with exposed ceilings, brick walls, and wood flooring.
Where is this office units located?
The property is located at 35 W 36th St New York, NY.
What is the asking price?
The asking price for this property is $4,358,910.
What are key features of this property?
This property features: High‑end apparel/showroom installation; Oversized windows with multiple exposures**; 11’ 4” slab‑to‑slab exposed ceiling heights
