White-Box Office Suite with
For Sale
Contact for pricing
825 7th Ave, New York, NY 10019
Seventh-floor office space features a built pantry and two private terraces, with recently renovated building amenities.
Property Size19,229 SF
Price / SF$450
Days on Market603
Property Features for 825 7th Ave
General Information
Standard status
Active
Size
19,229 SF
Property subtype
OFFICE
Amenities
built pantry
private terraces
recently renovated lobby
new elevators
new restrooms
operable windows
Listing Agency:
Rudder Property Group
(646) 483-2203
Listed By:
Michael Rudder · License #10491201687
(646) 483-2203
Source:
Moodyscre
Added: Dec 4, 2024
Changed: Jul 26
Last Checked: Jul 29 at 2:25PM
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 Rudder Property Group
Investment Insights
Based on property information with market context.
This seventh-floor office suite is white-boxed and pre-built, with a built pantry and two large private terraces. Recent upgrades include new restrooms, HVAC, and operable windows. The lobby has been recently renovated with new elevators and updated building infrastructure.
The building is located near Columbus Circle, between Times Square and Central Park. Access to multiple subway lines is available at the 53rd Street, 50th Street, and 57th Street stations.
Floors can be sold individually or combined, allowing flexibility for a range of space requirements.
The building is located near Columbus Circle, between Times Square and Central Park. Access to multiple subway lines is available at the 53rd Street, 50th Street, and 57th Street stations.
Floors can be sold individually or combined, allowing flexibility for a range of space requirements.
Key Highlights
- Seventh‑floor office space includes a built pantry and two large private terraces
- Recently renovated lobby with new elevators and updated building infrastructure
- Recent upgrades include new restrooms, HVAC, and operable windows
Financial Insights For Office B
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 | $989.9k | $51.48 |
| − Vacancy | −$187.1k | −$9.73 |
| EGI | $802.8k | $41.75 |
| − OpEx | −$200.7k | −$10.44 |
| NOI | $602.1k | $31.31 |
19,229 SF · lease $51.48/SF/yr · vacancy 18.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$8.60M
$7.53M – $10.04M
NOI $602,112 @ 7.0% cap · market cap 6.96%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$47.86M
$41.88M – $55.84M
NOI $3,350,461 @ 7.0% cap · market cap 38.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
57,003
Businesses Nearby
Explore this area
Business Placement
Demographics for 10019, NY
49,029
Population
33,279
Households
1.5
Avg Household Size
38
Median Age
78%
College-Educated
98%
High-School Grad
0.7 sq mi
ZIP Area
70,041
Density / Sq Mi
$121,835
Median Household Income
$108,231
Median Earnings
$2,619
Median Rent
$1,066,100
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Seventh-floor office space features a built pantry and two private terraces, with recently renovated building amenities.
Where is this office units located?
The property is located at 825 7th Ave New York, NY.
What is the asking price?
The asking price for this property is $8,653,050.
What are key features of this property?
This property features: Seventh‑floor office space includes a built pantry and two large private terraces; Recently renovated lobby with new elevators and updated building infrastructure; Recent upgrades include new restrooms, HVAC, and operable windows
