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Renovated Office Building in New York
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18 West 18th Street, New York, NY 10011

Recently renovated office building with 24-hour access and concierge.

Property Size52,311 SF
Days on Market128

Property Features for 18 West 18th Street

General Information

Standard status Active
Size 52,311 SF
Property subtype Office
Listing Agency: CBRE | Midtown Manhattan
Listed By: Paul Amrich
Source: Cbre
Added: Mar 25 Changed: Jul 6 Last Checked: Jul 30 at 2:45AM

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 CBRE | Midtown Manhattan

Investment Insights

Based on property information with market context.

This office building has undergone recent renovations, including new elevators, restrooms, windows, sidewalks, and building mechanical systems. The building provides 24-hour access with a concierge desk and tenant-controlled HVAC. The facade is team-cleaned. An additional entrance is located on West 17th Street. The property offers access to mass transit. The building has a property size of 52311 square feet and is located between Fifth and Sixth Avenues.

Key Highlights

  • Recent renovations including new elevators, restrooms, windows, sidewalks and building mechanicals.
  • Great access to mass transit.
  • Concierge desk/24‑hour access.

Property Analytics

Current Use

Digital Silk Marketing & Advertising BOWENâ„¢ Marketing & Advertising Nate Strand Law Firm WeWork Office Space ... Real Estate Agency Penelope Business To Business Service

Suggested Use

Top Pick Nursing Home Auto Parts Store Buffet Pet Grooming Service Auto Repair Shop Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

51,396
Businesses Nearby

Demographics for 10011, NY

53,318
Population
35,049
Households
1.5
Avg Household Size
39
Median Age
79%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
88,863
Density / Sq Mi
$146,571
Median Household Income
$113,503
Median Earnings
$2,868
Median Rent
$1,165,800
Median Home Value

Market

Lease Benchmarks for New York, NY

$54.13 /SF/Yr
Avg Asking Price
$37–$65 /SF/Yr
Price Range
148,527 SF
Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Recently renovated office building with 24-hour access and concierge.
Where is this office building located?
The property is located at 18 West 18th Street New York, NY.
What are key features of this property?
This property features: Recent renovations including new elevators, restrooms, windows, sidewalks and building mechanicals.; Great access to mass transit.; Concierge desk/24‑hour access.
More about this property
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