Listing Agency: CBRE | Midtown Manhattan j***@cbre.com Show Phone

Listed By: Jared Lack Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 10 Last Checked: Aug 20 at 10:45AM

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Investment Insights

Based on property information with market context.

This commercial space, located on Park Avenue South in the NoMad neighborhood, offers a full floor layout. The property features direct electric and tenant-controlled AC. A wet pantry is included. The space is suitable for office use.

Key Highlights

• Full Floor
• Hot Park Ave South / NoMad Location
• Tenant Controlled AC

Property Analytics

Property Profile

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Buffet Pet Grooming Service Locksmith Parking Lot & Garage

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

46,936

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

Market

Lease Benchmarks for New York, NY

$46.54 /SF/Yr

Avg Asking Price

$11.91–$109 /SF/Yr

Price Range

12,523 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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office units - Full floor office space in NoMad with tenant-controlled AC.

Where is this office units located?

The property is located at 377 Park Avenue South New York, NY.

What are key features of this property?

This property features: Full Floor; Hot Park Ave South / NoMad Location; Tenant Controlled AC