Office Unit with Private
For Sale
$869,000
139 Centre Street #224 New York, New York, NY 10013
An 880-square-foot office includes a private bathroom, high ceilings, and 24/7 access.
Property Size880 SF
Price / SF$987.50
Days on Market101
Property Features for 139 Centre Street #224 New York
General Information
Standard status
Active
Size
880 SF
Property subtype
Commercial
Site & Location
Neighborhood
Downtown
Public Transit
Yes
Additional Details
Condition
Move-in Ready
Taxes and HOA fees
Annual Taxes
$10,281
Amenities
Private Bathroom
High Ceilings
24 hours & 7 days access
Handicap Access
Concierge Service
Building Details
Building Size
880 SF
Year Built
1911
Listing Agency:
B Square Realty
(718) 939-8388
Listed By:
Yiwen Zhu · License #1027686
(929) 366-6682
Source:
Croninreale
Added: Jul 17
Changed: Oct 23
Last Checked: Oct 23 at 4:09PM
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 B Square Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 880-square-foot office unit features a private bathroom, high ceilings, and a modern design. The space is described as move-in condition and offers access at all hours, every day of the week. Handicap access and concierge service are also available.
Located at 139 Centre Street in Manhattan, the property is near the 6, Q, R, N, W, J, M, Z, A, C, and E trains. The building dates to 1911.
Located at 139 Centre Street in Manhattan, the property is near the 6, Q, R, N, W, J, M, Z, A, C, and E trains. The building dates to 1911.
Key Highlights
- 880‑square‑foot office unit
- Private bathroom and high ceilings
- 24‑hour, 7‑day access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,555
Cap Rate
3.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$551,100
$551.1K
Cap Rate 7%
$393,643
$393.6K
Cap Rate 9%
$306,167
$306.2K
Market Conditions
NOI Build-Up for 880 SF
Gross rent
$45.3K $51.48/SF
− Vacancy
−$8.6K −$9.73/SF
EGI
$36.7K $41.75/SF
− OpEx
−$9.2K −$10.44/SF
NOI
$27.6K $31.31/SF
Area
New York, NY
Vacancy
18.90%
Lease Rate
$51.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$551,100
Cap Rate 7%
$393,643
Cap Rate 9%
$306,167
Alternative Uses
Best Use
Office B
$393.6K
$344.4K – $459.3K
NOI $27,555 @ 7.0% cap · market cap 3.17%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.19M
$1.92M – $2.56M
NOI $153,331 @ 7.0% cap · market cap 17.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
31,868
Businesses Nearby
Explore this area
Business Placement
Demographics for 10013, NY
31,042
Population
15,933
Households
1.9
Avg Household Size
36
Median Age
72%
College-Educated
89%
High-School Grad
0.5 sq mi
ZIP Area
62,084
Density / Sq Mi
$159,474
Median Household Income
$92,765
Median Earnings
$2,378
Median Rent
$2,000,001
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - An 880-square-foot office includes a private bathroom, high ceilings, and 24/7 access.
Where is this office unit located?
The property is located at 139 Centre Street #224 New York New York, NY.
What is the asking price?
The asking price for this property is $869,000.
What are key features of this property?
This property features: 880‑square‑foot office unit; Private bathroom and high ceilings; 24‑hour, 7‑day access
