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Midtown Manhattan Commercial Space Available
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64 W 48th St, New York, NY 10036

Versatile space near Rockefeller Center, suitable for various commercial uses.

Space Size9,197 SF
Property Size130,000 SF
Days on Market1430

Property Features for 64 W 48th St

General Information

Standard status Active
Size 9,197 SF
Class B
Property subtype Office, Special Purpose
Lease Type Modified Gross

Site & Location

Neighborhood Midtown Manhattan

Building Details

Building Size 130,000 SF
Year Built 1926
Tenancy Multiple

Spaces For Lease

at 64 W 48th St Contact us

Entire 3rd Floor Active

Size 9,197 SF
Contact us

Entire 4th Floor Active

Size 9,197 SF
Contact us
Listing Agency: JLL - New York City, New York
Listed By: William Korchak · License #NY 31K00909771
Source: Crexi
Added: Nov 25, 2022 Changed: Oct 15 Last Checked: Oct 24 at 2:48PM

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 JLL - New York City, New York

Rey
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Investment Insights

Based on property information with market context.

This commercial building is located adjacent to Rockefeller Center and one block from the Diamond District in Midtown Manhattan. The property is suitable for office, medical, educational, and light manufacturing tenants.

Key Highlights

  • Adjacent to Rockefeller Center
  • Suitable for office, medical, educational, and light manufacturing tenants
  • Located one block from the Diamond District

Property Analytics

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Open Analytics

Current Use

Alexandra Dimant, Psychotherapist Counselor The Elgin Restaurant Metalmart Factory Belcorso Jewelry Manufacturing (Bike/Boat/Book/etc) Store Fischer Jewelry (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Pet Grooming Service Adult Day Care Nursing Home Buffet 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

NNN (Triple Net)
Lease Type
$6.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

90,344
Businesses Nearby
Well-served
Demand for This Use

Demographics for 10036, NY

33,868
Population
22,473
Households
1.5
Avg Household Size
37
Median Age
69%
College-Educated
93%
High-School Grad
0.4 sq mi
ZIP Area
84,670
Density / Sq Mi
$100,225
Median Household Income
$86,122
Median Earnings
$2,301
Median Rent
$988,000
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

$50.92 /SF/Yr
Avg Asking Price
$6–$109 /SF/Yr
Price Range
22,312 SF
Avg Space Size

This space is priced 12% below the average of $50.92 /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

Similar Off Market Nearby

  • Cyber City — 224 W 30th St Rm 903, New York, NY 10001
  • Total Digital Solutions, Inc. — 231 W 29th St, New York, NY 10001
  • TEC Document Solutions — 231 W 29th St, New York, NY 10001
  • My Backup Drive — 210 W 29th St, New York, NY 10001
  • Captus Systems — 134 W 29th St #703, New York, NY 10001

Frequently Asked Questions

What type of property is this?
Office space - Versatile space near Rockefeller Center, suitable for various commercial uses.
Where is this office space located?
The property is located at 64 W 48th St New York, NY.
What is the lease rate?
The lease rate is $45 SF/Yr.
What are key features of this property?
This property features: Adjacent to Rockefeller Center; Suitable for office, medical, educational, and light manufacturing tenants; Located one block from the Diamond District
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