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Second-Floor Office Unit
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161 W 88th St, New York, NY 10024

Sunlit studio workspace with a waiting area and carpeted floors in a quiet brownstone setting.

Property Size1,627 SF
Days on Market4

Property Features for 161 W 88th St

General Information

Standard status Active
Size 1,627 SF
Elevators No
Property subtype OFFICE
Lease Type SF/mo

Space & Availability

Floor 2
Space Use Office

Lease Terms

Total Rate $2,500
Monthly Rent $2,500
Lease Term 24 months

Amenities

waiting area
Listing Agency: The Corcoran Group | East Side
Listed By: Gevorg Gevorgyan · License #10401258815
Source: Moodyscre
Added: Jul 30 Changed: Aug 2 Last Checked: Aug 2 at 2:32AM

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 The Corcoran Group | East Side

Investment Insights

Based on property information with market context.

This 1,627-square-foot office unit occupies the second floor of a walk-up brownstone at 161 W 88th St in New York. The studio layout is suited to office use and includes a waiting area, carpeted flooring throughout, and a bright south-facing orientation. The space is offered with a two-year lease.

The property fronts a tree-lined street in the Upper West Side. Its walk-up configuration and quiet setting provide a distinct small-office environment within the building’s brownstone format.

Key Highlights

  • 1,627 SF office studio on the second floor
  • South‑facing orientation provides natural light
  • Waiting area included within the office layout

Property Analytics

Current Use

Penelope Dow, LCSW Psychotherapist Barbara I. Lino, ... Physician Dr. Matthew J. ... Psychotherapist Mercury Mastering Recording Studio

Suggested Use

Top Pick Law Firm Real Estate Agency Auto Repair Shop Accounting Firm Kitchen & Bath Showroom Electrical Service

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
$2.77 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

10,786
Businesses Nearby

Demographics for 10024, NY

62,250
Population
36,723
Households
1.7
Avg Household Size
43
Median Age
84%
College-Educated
97%
High-School Grad
0.9 sq mi
ZIP Area
69,167
Density / Sq Mi
$182,614
Median Household Income
$117,078
Median Earnings
$2,965
Median Rent
$1,746,400
Median Home Value

Market

Lease Benchmarks for New York, NY

$52.42 /SF/Yr
Avg Asking Price
$4.17–$240 /SF/Yr
Price Range
5,627 SF
Avg Space Size

This space is priced 65% below the average of $52.42 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Sunlit studio workspace with a waiting area and carpeted floors in a quiet brownstone setting.
Where is this office units located?
The property is located at 161 W 88th St New York, NY.
What is the lease rate?
The lease rate is $2,500 /Mo.
What are key features of this property?
This property features: 1,627 SF office studio on the second floor; South‑facing orientation provides natural light; Waiting area included within the office layout
(917) 443-8289 Call to check price and availability
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