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New Office Building with Conference Room
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For Lease
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254 W 31st St, New York, NY 10001

New office space with a large open area, wet pantry, private restrooms, and 20 workstations.

Property Size5,240 SF
Days on Market6

Property Features for 254 W 31st St

General Information

Standard status Active
Size 5,240 SF
Property subtype OFFICE

Space & Availability

Private Offices 8
Meeting Rooms 1

Amenities

wet pantry
private restrooms
large open area
new building
installation available
Listing Agency: Lee & Associates | New York City
Listed By: Woody King
Source: Moodyscre
Added: Jul 27 Changed: Jul 30 Last Checked: Aug 1 at 4:12AM

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 Lee & Associates | New York City

Investment Insights

Based on property information with market context.

This new office building offers a practical layout for teams and client-facing work. The space includes a large open area, a wet pantry, and private restrooms, along with enclosed, windowed offices. A 6 to 8-person windowed conference room supports meetings and collaboration.

The configuration is built for day-to-day operations, with 20 workstations and 8 windowed offices. The design supports both focused work and team interaction through the combination of private offices, a dedicated conference room, and open workspace.

Installation is available for the space, which can help streamline setup for a new tenant’s use.

Key Highlights

  • New office building
  • 6 to 8‑person windowed conference room
  • 20 workstations

Property Analytics

Current Use

Carnegie Builders Group Construction Company XWELL Corporate Office Corporate Office Koussevitzky Music Foundation Vocational School Association For the Rehab Crisis Center

Suggested Use

Top Pick Pet Grooming Service Nursing Home Buffet Adult Day Care Locksmith (Bike/Boat/Book/etc) Store

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

69,383
Businesses Nearby

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

$54.13 /SF/Yr
Avg Asking Price
$37–$65 /SF/Yr
Price Range
148,527 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 building - New office space with a large open area, wet pantry, private restrooms, and 20 workstations.
Where is this office building located?
The property is located at 254 W 31st St New York, NY.
What are key features of this property?
This property features: New office building; 6 to 8‑person windowed conference room; 20 workstations
(212) 776-1283 Call to check price and availability
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