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    110 E 36th St, New York, NY

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    Office Units

    Type:OFFICE
    Property size:
    1,200 SF
    Lot size:
    0.12 Acres
    Price / SF:
    $607/SF
    Added:
    Dec 6, 2024
    Days on Market:
    555
    Last Refresh:
    May 20 at 8:06 pm

    Property Features for 110 E 36th St

    General Information

    Standard status
    Active
    Size
    1,200 SF
    Lot size
    0.12 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Martin Cohen
    Martin Cohen

    Listing agent Martin Cohen

    Listing office Tabak Real Estate

    Listing date Dec 6, 2024

    Source Moodyscre

    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 Tabak Real Estate

    HighLights

    • Prime Murray Hill location between Park Avenue and Lexington.
    • Exceptional live/work potential in a professional office space.
    • Spacious 1,200 square feet ground floor unit with north and south exposures.
    • Enjoy your private terrace.
    • Convenient access to LIRR, Metro North, and 4/5/6 subway lines.
    • Central air and live‑in superintendent.

    Local Financial Insights For Mixed Use

    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 $72.0k $60.00
    − Vacancy −$10.8k −$9.00
    EGI $61.2k $51.00
    − OpEx −$23.0k −$19.13
    NOI $38.3k $31.88
    1,200 SF · lease $60.00/SF/yr · vacancy 15.00% · expense 37.50%

    Alternative Uses

    Best Use
    Mixed Use
    $546.4K
    $478.1K – $637.5K (±1% cap)
    NOI $38,250 @ 7.0% cap · market cap 5.25%
    Second Best
    Office B
    $536.8K
    $469.7K – $626.3K (±1% cap)
    NOI $37,575 @ 7.0% cap · market cap 5.15%
    Theoretical Best
    Specialty Retail
    $2.99M
    $2.61M – $3.48M (±1% cap)
    NOI $209,088 @ 7.0% cap · market cap 28.68%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Babu Ramesh MD Physician Stress Management & Counseling Physician Ying Zhi Yu Medical Clinic Sherman Peter M ... Dental Office Allen J. Elkin, ... Physician

    Suggested Use

    Restaurant Real Estate Agency Hair Salon Spa & Massage Center Dental Office Nail Salon Food Market Grocery & Convenience Store Daycare Center Pharmacy

    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
    -73.9799
    Latitude
    40.748

    FAQs

    Where is this office units located?
    The property is located at 110 E 36th St New York, NY.
    What is the asking price?
    The asking price for this property is $729,000.
    What are key features of this property?
    This property features: Prime Murray Hill location between Park Avenue and Lexington.; Exceptional live/work potential in a professional office space.; Spacious 1,200 square feet ground floor unit with north and south exposures.
    (631) 767-9536 Call to check price and availability
    More about this property
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