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Renovated 12-Story Office Building

37 W 20th St, New York, NY 10011

For Lease
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Renovated 12-story office building with a 24/7 attended lobby and dedicated passenger and service elevators.

Space Size11,137 SF
Days on Market721

Property Features for 37 W 20th St

General Information

Standard status Active
Size 11,137 SF
Property subtype OFFICE

Site & Location

Neighborhood Downtown

Amenities

24/7 access
communal lobby space
lobby attendant
passenger elevators
service elevators

Building Details

Year Built 1909
Stories 12
Tenancy Multi

Spaces For Lease

at 37 W 20th St
37 W 20th St $57/SF/Yr
Floor 2
Size 11,137 SF
Type OFFICE
Availability AVAILABLE, Now
Sublease No
- 37 West 20th Street is situated in the heart of New York City’s Flatiron District. This 12-story office building is comprised of 130,000 rentable square feet. Constructed in 1909, this beautiful building has been completely renovated and features a new, 24/7 attended lobby, new elevators, new bathrooms, new windows and new bathrooms. - Located just steps from 5th Avenue, tenants have convenient access to upscale shopping, gourmet restaurants and mass transit. Madison Square Park and Union Square Park are also just a short walk from the building. - The building’s prominent tenants include J Queen, Innovant, Media Development Investment Fund, Clinch US, Jennifer Bett Communications and Equancy No 11. - 24/7 access - Communal lobby space - Lobby attendant - Passenger elevators (2) - Service elevators (2)
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Listing Agency: Olmstead Properties, Inc.
Listed By: Steven H. Marvin
Source: Moodyscre
Added: Nov 19, 2024 Changed: Nov 5 Last Checked: Nov 8 at 7:48AM

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 Olmstead Properties, Inc.

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Investment Insights

Based on property information with market context.

37 West 20th Street is a 12-story office building originally constructed in 1909 that has been completely renovated. The building offers a new 24/7 attended lobby, new elevators (two passenger elevators and two service elevators), and updated common area improvements including new bathrooms and new windows.

Located in the Flatiron District, the building is just steps from 5th Avenue, with convenient access to shopping, restaurants, and mass transit. Madison Square Park and Union Square Park are also described as a short walk from the property.

The building is set up with 24/7 access and includes communal lobby space supported by a lobby attendant.

Key Highlights

  • 12‑story office building with 130,000 rentable SF in the Flatiron District
  • Renovated building constructed in 1909 with a new 24/7 attended lobby
  • New elevators including 2 passenger elevators and 2 service elevators

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

ABA Studio Architect PID Floors Carpet & Flooring Store SFCD Marketing & Advertising The Impulse Group - Event ... Business Service Center Culture Amp New ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Nursing Home Pet Grooming Service Buffet Adult Day Care 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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$8.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

59,449
Businesses Nearby

Demographics for 10011, NY

53,318
Population
35,049
Households
1.5
Avg Household Size
39
Median Age
79%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
88,863
Density / Sq Mi
$146,571
Median Household Income
$113,503
Median Earnings
$2,868
Median Rent
$1,165,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New York, NY

$63.91 /SF/Yr
Avg Asking Price
$37–$185 /SF/Yr
Price Range
40,300 SF
Avg Space Size

This space is priced 11% below the average of $63.91 /SF/Yr.

Properties on Market for Office buildings in New York

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office building - Renovated 12-story office building with a 24/7 attended lobby and dedicated passenger and service elevators.
Where is this office building located?
The property is located at 37 W 20th St New York, NY.
What is the lease rate?
The lease rate is $57 SF/Yr.
What are key features of this property?
This property features: 12‑story office building with 130,000 rentable SF in the Flatiron District; Renovated building constructed in 1909 with a new 24/7 attended lobby; New elevators including 2 passenger elevators and 2 service elevators
(212) 564-2141 Call to check price and availability
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