28,000 SF Office
For Sale
Contact for pricing
384 5th Ave, New York, NY 10018
Office building for sale with retail tenant in place.
Property Size28,000 SF
Days on Market866
Property Features for 384 5th Ave
General Information
Standard status
Active
Size
28,000 SF
Property subtype
Office
Zoning
c5-3 MiD
Lease Type
Gross
Building Details
Year Built
1906
Buildings
1
Stories
8
Listing Agency:
PD Properties NYC
Listed By:
Elad Dror · License #NY
Source:
Crexi
Added: Apr 12, 2024
Changed: Aug 22
Last Checked: Aug 24 at 3:27AM
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 PD Properties NYC
Investment Insights
Based on property information with market context.
This is a 28,000 square foot office building. The property is suitable for office or residential use. A retail tenant is currently in place. The upper floors of the building will be delivered vacant. The property is located in close proximity to the Empire State Building, Herald Square, and Penn Station, and is within walking distance of major subway lines. The owner will offer 50% mortgage financing.
Key Highlights
- 50% mortgage financing offered by the owner.
- 28,000 SF proposed office to residential conversion opportunity.
- Prime location near the Empire State Building, Herald Square, and Penn Station.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
101,253
Businesses Nearby
Explore this area
Business Placement
Demographics for 10018, NY
11,145
Population
5,678
Households
2
Avg Household Size
35
Median Age
75%
College-Educated
92%
High-School Grad
0.3 sq mi
ZIP Area
37,150
Density / Sq Mi
$133,042
Median Household Income
$103,655
Median Earnings
$3,501
Median Rent
$947,100
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office building for sale with retail tenant in place.
Where is this office building located?
The property is located at 384 5th Ave New York, NY.
What are key features of this property?
This property features: 50% mortgage financing offered by the owner.; 28,000 SF proposed office to residential conversion opportunity.; Prime location near the Empire State Building, Herald Square, and Penn Station.
