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Flexible Office Units
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197 3rd Ave, New York, NY 10003

Office space supports medical, community, daycare, and education uses with flexible division options and an onsite parking garage.

Property Size3,108 SF
Days on Market20

Property Features for 197 3rd Ave

General Information

Standard status Active
Size 3,108 SF
Property subtype OFFICE

Space & Availability

Divisible Yes
Space Use Office

Amenities

onsite parking garage
Listing Agency: RIPCO Real Estate - Brooklyn
Listed By: Jason Pennington
Source: Moodyscre
Added: Jul 14 Changed: Jul 31 Last Checked: Aug 1 at 10:00AM

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 RIPCO Real Estate - Brooklyn

Investment Insights

Based on property information with market context.

This 3,108-square-foot office property offers flexible division options for medical, community use, office, daycare, or education applications. The space is supported by an onsite parking garage and can accommodate users seeking configurable commercial space.

Located at 197 3rd Ave in New York, NY 10003, the property is surrounded by thousands of residential apartments, providing a substantial nearby residential setting. Its range of stated use options makes the space suitable for office and community-oriented operations requiring adaptable configuration.

Key Highlights

  • 3,108 square feet of office space
  • Flexible division options
  • Onsite parking garage

Property Analytics

Current Use

Imagine Smile Design Dental Office Dr. David Geen Dental Office Dr. Natasha Geen, ... Dental Office

Suggested Use

Top Pick Auto Parts Store Nursing Home Auto Repair Shop Buffet Adult Day Care Butcher

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

31,011
Businesses Nearby

Demographics for 10003, NY

57,076
Population
30,730
Households
1.9
Avg Household Size
32
Median Age
82%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
95,127
Density / Sq Mi
$153,750
Median Household Income
$82,560
Median Earnings
$2,772
Median Rent
$1,137,000
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

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Office space supports medical, community, daycare, and education uses with flexible division options and an onsite parking garage.
Where is this office units located?
The property is located at 197 3rd Ave New York, NY.
What are key features of this property?
This property features: 3,108 square feet of office space; Flexible division options; Onsite parking garage
(212) 750-6565 Call to check price and availability
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