Listing Agency: ARM Real Estate Group Show Phone

Listed By: Anand Melwani · License #49ME1182035

Source: Moodyscre

Added: Sep 5, 2024 Changed: Jul 31 Last Checked: Aug 4 at 7:02AM

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Investment Insights

Based on property information with market context.

A 2,500-square-foot office unit is available for lease at 25 W 31st St, New York, NY 10001. The property is located in NoMad, Manhattan.

Key Highlights

• 2,500 SF office lease
• Located in NoMad, Manhattan
• 25 W 31st St, New York, NY 10001

Property Analytics

Current Use

Tangent Construction Inc Construction Company Ron Holtz Studio Photography Service Mind Digital Group Marketing & Advertising Adelante Studios Photography Service AD/FIN (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Pet Grooming Service (Bike/Boat/Book/etc) Store Buffet Locksmith Parking Lot & Garage Plumbing 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

Location Intelligence

Trade Area within ½ mile

91,205

Businesses Nearby

Explore this area Business Placement

Demographics for 10001, NY

32,612

Population

17,554

Households

1.9

Avg Household Size

35

Median Age

72%

College-Educated

93%

High-School Grad

0.6 sq mi

ZIP Area

54,353

Density / Sq Mi

$123,393

Median Household Income

$97,848

Median Earnings

$3,024

Median Rent

$793,000

Median Home Value

Market

Lease Benchmarks for New York, NY

$47.13 /SF/Yr

Avg Asking Price

$4.17–$109 /SF/Yr

Price Range

11,202 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

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Commercial office space in Manhattan’s NoMad district.

Where is this office units located?

The property is located at 25 W 31st St New York, NY.

What are key features of this property?

This property features: 2,500 SF office lease; Located in NoMad, Manhattan; 25 W 31st St, New York, NY 10001