NNN Commercial
For Sale
$800,000
120 East 32nd Street, New York, NY 10016
Fully leased under a triple-net structure to a city-funded nonprofit.
Property Size9,797 SF
Price / SF$81.66
Days on Market126
Property Features for 120 East 32nd Street
General Information
Standard status
Active
Size
9,797 SF
Net Rentable
9,797 SF
Property subtype
Other
Occupancy
100%
Building Details
Building Size
9,797 SF
Buildings
1
Tenancy
Single
Listing Agency:
Avison Young
Listed By:
Alex Woodlief · License #10401244880
(646) 933-2677
Source:
Commercialcafe
Added: May 8
Changed: Sep 8
Last Checked: Sep 10 at 5:24AM
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 Avison Young
Investment Insights
Based on property information with market context.
The property is a 9,797-square-foot commercial building at 120 East 32nd Street in New York. It is fully occupied under a triple-net lease by a city-funded nonprofit that operates a 24-hour drop-in center. The facility provides housing assistance, emergency shelter, and medical care for at-risk adults.
The building is positioned in Manhattan’s Midtown South neighborhood and carries C6-2A zoning. The organization has operated at this address since 2004, establishing a long operating history at the site. The location is described as serving an area with medical, educational, and residential density, with access to professionals and local residents.
The building is positioned in Manhattan’s Midtown South neighborhood and carries C6-2A zoning. The organization has operated at this address since 2004, establishing a long operating history at the site. The location is described as serving an area with medical, educational, and residential density, with access to professionals and local residents.
Key Highlights
- 9,797 SF commercial building at 120 East 32nd Street, New York, NY
- Fully leased to a city‑funded nonprofit on a triple‑net basis
- 24‑hour drop‑in center provides housing assistance, emergency shelter, and medical care
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,841
Businesses Nearby
Explore this area
Business Placement
Demographics for 10016, NY
62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
NNN property - Fully leased under a triple-net structure to a city-funded nonprofit.
Where is this nnn property located?
The property is located at 120 East 32nd Street New York, NY.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 9,797 SF commercial building at 120 East 32nd Street, New York, NY; Fully leased to a city‑funded nonprofit on a triple‑net basis; 24‑hour drop‑in center provides housing assistance, emergency shelter, and medical care
