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55 Exchange Pl, New York, NY 10005

Office spaces suitable for non-profit organizations, various sizes available.

Space Size2,912 SF - 7,314 SF
Property Size15,856 SF
Days on Market665

Property Features for 55 Exchange Pl

General Information

Standard status Active
Size 2,912 SF - 7,314 SF
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 15,856 SF
Tenancy Multiple

Spaces For Lease

at 55 Exchange Pl Contact us

Suite 403

Size
7,314 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 401

Size
2,912 SF
Type
Office
Availability
Active
Contact us
Listing Agency: Signature Partners
Listed By: Michael Pinney · License #NY 40PI1018647
Source: Crexi
Added: Oct 18, 2024 Changed: Aug 8 Last Checked: Aug 12 at 12:17PM

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 Signature Partners

Investment Insights

Based on property information with market context.

This property offers efficient office spaces designed for non-profit organizations. Independent spaces are available, each featuring windowed offices and an open area. The spaces can be furnished to suit tenant needs. A notable benefit is the absence of real estate tax escalations. The lobby is attended 24/7, providing continuous security and assistance. The landlord is willing to modify the space for a qualified tenant. The property is ideally suited for foundation, service, education, religious, and consulting 501c3 organizations. Multiple shared pantries and conference rooms are available for tenant use. Suite 401 offers 2,912 RSF with one windowed office and three internal offices. Suite 404 provides 2,745 RSF with three windowed offices and one internal office. Suite 403 features 7,314 RSF with four classrooms, two team rooms, and a central open area. The combined total space available is 12,971 RSF.

Key Highlights

  • No real estate tax escalations.
  • 24/7 attended lobby.
  • Landlord will modify space for qualified tenant.

Property Analytics

Current Use

International Coalition of Sites ... Charitable Organization Bridge to Enter Advanced ... Tutoring Service FortuneTimes Group Training Center SEO Scholars Charitable Organization Dare2B Charitable Organization

Suggested Use

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

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
$6.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

30,992
Businesses Nearby

Demographics for 10005, NY

10,639
Population
6,495
Households
1.6
Avg Household Size
31
Median Age
84%
College-Educated
97%
High-School Grad
0.1 sq mi
ZIP Area
106,390
Density / Sq Mi
$211,810
Median Household Income
$133,727
Median Earnings
$3,501
Median Rent
$1,387,200
Median Home Value

Market

Lease Benchmarks for New York, NY

$47.92 /SF/Yr
Avg Asking Price
$11.91–$109 /SF/Yr
Price Range
12,508 SF
Avg Space Size

This space is priced 12% below the average of $47.92 /SF/Yr.

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 units - Office spaces suitable for non-profit organizations, various sizes available.
Where is this office units located?
The property is located at 55 Exchange Pl New York, NY.
What is the lease rate?
The lease rate is $42 SF/Yr.
What are key features of this property?
This property features: No real estate tax escalations.; 24/7 attended lobby.; Landlord will modify space for qualified tenant.
(212) 813-3573 Call to check price and availability
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