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    18 E 48Th St New York, NY 10017

    For Lease
    Contact for pricing

    Renovated office building with full floor and excellent light.

    Property size:
    5,400 SF
    Lot size:
    0.18 Acres

    Property Features for 18 E 48Th St

    General Information

    Size
    5,400 SF
    Lot size
    0.18 Acres

    Source: Redwood Property Group Agent Eli Someck

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

    Overview

    Class-A Office Space Available

    Located one block from the 47th Street Grand Central Terminal entrance and steps away from a Citibike dock, 18 East 48th Street is a 22-story Class-A building constructed in 1928. The building features a renovated 24/7 attended marble lobby and four new intelligent high-speed elevator cabs. Attentive ownership and management are located in the building, and daily cleaning of spaces is provided. The building is outside of NYC's designated flood zones. The property offers a full tower floor with excellent natural light on two sides. The space includes a wide, walk-out terrace running the full length of the space. It is an ideal socially distanced office, but ownership can demolish and build to suit for a credit tenant. The space features 100% hassle-free, 24/7 tenant-controlled air conditioning, which the landlord warranties and maintains. Submetered electric and cleaning are included. The building is wired for FIOS. The building is owner-occupied and owner-managed with very stable, long-term ownership. Private bathrooms are available. The property has a fiber internet connection.
    Location Intelligence

    Current Use by Public Records

    Gennady Perepada Real Estate Agent Dr. David S. ... Endodontist Cosmetic & Implant Dental ... Cosmetic Dentist Dr.Magner DDS. Dental Implants Periodontist Green Kaminer Min ... Family Law Attorney

    Suggested Use

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

    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
    -73.9769633
    Latitude
    40.7566727

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    FAQs

    What type of property is this?
    Office space - Renovated office building with full floor and excellent light.
    Where is this office space located?
    The property is located at 18 E 48Th St New York, NY.
    What are key features of this property?
    This property features: - Full tower floor with excellent natural light on two sides.; - Enjoy a wide, walk-out terrace running the full length of the space.; - 100% hassle-free, 24/7 tenant-controlled A/C.
    (917) 335-4948
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    18 E 48Th St New York, NY 10017
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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
    18 E 48Th St New York, NY 10017
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