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Turn-Key Professional Office Suite

330 3rd Avenue New York, NY 10010

330 3rd Avenue, New York, NY, 10010
Contact for pricing
For Sale
Contact for pricing

A turn-key Midtown South office suite suited for client-facing medical, wellness, or professional use.

Property Size885 SF
Price / SF$500
Days on Market51

Property Features for 330 3rd Avenue

General Information

Standard status
Active
Size
885 SF
Property subtype
Retail, Office
Listing agency SERHANT
Listed by Bernadette Brennan · License #NY 10301221862
Source Crexi
Added: Jun 2 Updated: Jul 10 at 1:52PM Checked: Jul 20 at 3:46AM

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 SERHANT


Investment Insights

Based on property information with market context.

This for-sale office suite at 330 Third Avenue is presented as a turn-key space, offering a polished setting for professional and client-facing tenants. The suite is described as approximately 800+ square feet and is laid out for efficient day-to-day operation, with strong natural light and a professional building presence.

Located in the heart of Kips Bay/Midtown South, the property is positioned amid steady daytime population and dense residential traffic. It is also noted for its proximity to major healthcare institutions, including NYU Langone and Bellevue. Transit access is highlighted with immediate service to the 6 train at 28th Street and 33rd Street, plus crosstown bus service and walkable access to Gramercy, Murray Hill, and NoMad.

The configuration and turn-key presentation make this suite a practical fit for medical practitioners, wellness providers, legal professionals, or boutique service businesses seeking a ready-to-operate office in a highly trafficked Midtown South corridor. For tenants and buyers prioritizing a professional address and established client base from surrounding activity, this suite provides a compact, flexible option within a mainstream business location.

Key Highlights

  • Premier professional office suite at 330 Third Avenue in Kips Bay
  • 800+ square foot space with an efficient layout
  • Suitable for client‑facing medical, wellness, legal, or boutique service uses

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $45.6k $51.48
− Vacancy −$8.6k −$9.73
EGI $36.9k $41.75
− OpEx −$9.2k −$10.44
NOI $27.7k $31.31
885 SF · lease $51.48/SF/yr · vacancy 18.90% · expense 25.00%

Alternative Uses

Best Use
Office B
$395.9K
$346.4K – $461.9K (±1% cap)
NOI $27,712 @ 7.0% cap · market cap 6.26%
Second Best
Healthcare Medical
$376.9K
$329.8K – $439.7K (±1% cap)
NOI $26,380 @ 7.0% cap · market cap 5.96%
Theoretical Best
Specialty Retail
$2.20M
$1.93M – $2.57M (±1% cap)
NOI $154,202 @ 7.0% cap · market cap 34.85%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Nathan A. Waxman Law Firm Weissman Richard Dental Office iPark Parking Lot & Garage New Manhattan Studios Photography Service JMYinteriors Interior Design

Suggested Use

Auto Repair Shop Nursing Home Buffet Nursing Home Butcher Auto Parts Store Pet Grooming Service Adult Day Care (Bike/Boat/Book/etc) Store Locksmith

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - A turn-key Midtown South office suite suited for client-facing medical, wellness, or professional use.
Where is this office units located?
The property is located at 330 3rd Avenue New York, NY.
What is the asking price?
The asking price for this property is $442,500.
What are key features of this property?
This property features: Premier professional office suite at 330 Third Avenue in Kips Bay; 800+ square foot space with an efficient layout; Suitable for client‑facing medical, wellness, legal, or boutique service uses
Contact an agent
(646) 480-7665 Call to check price and availability
More about this property
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