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    639-643 11Th Ave New York, NY 10036

    For Sale
    $42,600,000

    New 35,000 SF office building in Midtown West.

    Property size:
    35,000 SF
    Lot size:
    0.12 Acres

    Property Features for 639-643 11Th Ave

    General Information

    Size
    35,000 SF
    Lot size
    0.12 Acres

    Source: Broadway Realty Agent Elliot Bogod

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

    Overview

    Unique Midtown West Office Building

    A new five-story, 35,000-square-foot office building is available on Eleventh Avenue at the corner of West 47th Street, in the Clinton Hill section of Midtown West in Manhattan. The building features column-free construction, high ceilings, a glass curtain wall, and a rooftop. The location on Eleventh Avenue places it in the emerging automobile row, an area that has attracted dealerships. Co-working, showrooms, and retail use are considered.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Law Firm Auto Repair Shop Wholesale Shop Hair Salon Nail Salon

    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
    -73.9964254
    Latitude
    40.7639903

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    FAQs

    What type of property is this?
    Office building - New 35,000 SF office building in Midtown West.
    Where is this office building located?
    The property is located at 639-643 11Th Ave New York, NY.
    What is the asking price?
    The asking price for this property is $42,600,000.
    What are key features of this property?
    This property features: - Brand new, 35,000-square-foot, five-story office building.; - Unique column-free design.; - Located in the emerging "automobile row" on Eleventh Avenue, Midtown West.
    (212) 577-2270
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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
    639-643 11Th Ave New York, NY 10036
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