Full-Floor Office with
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18 E 48th St, New York, NY 10017
Full tower floor with a walk-out terrace, 24/7 tenant-controlled HVAC, and private bathrooms in an attended lobby building.
Property Size3,432 SF
Days on Market27
Property Features for 18 E 48th St
General Information
Standard status
Active
Size
3,432 SF
Property subtype
OFFICE
Listing Agency:
Redwood Property Group
(917) 335-4948
Listed By:
Eli Someck
(917) 335-4948
Source:
Moodyscre
Added: Jul 7
Changed: Jul 28
Last Checked: Aug 2 at 4:19AM
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 Redwood Property Group
Investment Insights
Based on property information with market context.
18 East 48th Street is a 22-story Class-A office building built in 1928 featuring a renovated 24/7 attended marble lobby and recently installed intelligent, high-speed elevator cabs with short wait times. The offering includes a wide walk-out terrace running the full length of the space and a full tower floor with excellent natural light on two sides. Daily cleaning is provided, and the building offers tenant-controlled, 24/7 HVAC with landlord warranties and maintenance. The space is set up with submetered electric and is wired for FIOS, with fiber internet connection available. Private bathroom(s) are also noted for the suite.
The building is described as outside of NYC designated flood zones and is located one block from the Grand Central Terminal entrance at 47th Street. A Citibike dock is steps away, and the property indicates attentive ownership and management on-site, with video available.
This is an owner-occupied, owner-managed, long-term maintained property presented as a flexible build-to-suit opportunity for a credit tenant if desired.
The building is described as outside of NYC designated flood zones and is located one block from the Grand Central Terminal entrance at 47th Street. A Citibike dock is steps away, and the property indicates attentive ownership and management on-site, with video available.
This is an owner-occupied, owner-managed, long-term maintained property presented as a flexible build-to-suit opportunity for a credit tenant if desired.
Key Highlights
- 22‑story Class‑A building built in 1928 with a renovated 24/7 attended marble lobby
- Full tower floor with excellent natural light on two sides and a wide walk‑out terrace running the full length of the space
- 24/7 tenant‑controlled a/c with landlord warranties and maintenance, plus submetered electric
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
87,472
Businesses Nearby
Explore this area
Business Placement
Demographics for 10017, NY
17,401
Population
12,866
Households
1.4
Avg Household Size
38
Median Age
85%
College-Educated
97%
High-School Grad
0.3 sq mi
ZIP Area
58,003
Density / Sq Mi
$132,518
Median Household Income
$94,214
Median Earnings
$2,980
Median Rent
$808,200
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
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 - Full tower floor with a walk-out terrace, 24/7 tenant-controlled HVAC, and private bathrooms in an attended lobby building.
Where is this office units located?
The property is located at 18 E 48th St New York, NY.
What are key features of this property?
This property features: 22‑story Class‑A building built in 1928 with a renovated 24/7 attended marble lobby; Full tower floor with excellent natural light on two sides and a wide walk‑out terrace running the full length of the space; 24/7 tenant‑controlled a/c with landlord warranties and maintenance, plus submetered electric
