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New York Office Condo Opportunity
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7 Dey St, New York, NY

New construction office condo with tax abatement benefits.

Space Size9,416 SF - 9,871 SF
Lot Size0.33 Acres
Days on Market595

Property Features for 7 Dey St

General Information

Standard status Active
Size 9,416 SF - 9,871 SF
Lot size 0.33 Acres
Property subtype OFFICE

Spaces For Lease

at 7 Dey St Contact us

185 Broadway

Floor
3
Size
9,416 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- New construction, 14' ceiling, virtually column free, above Fulton Street transit...
show more
Contact us

185 Broadway

Floor
4
Size
9,416 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- New construction, 14' ceiling, virtually column free, above Fulton Street transit...
show more
Contact us

185 Broadway

Floor
5
Size
9,871 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- New construction, 14' ceiling, virtually column free, above Fulton Street transit...
show more
Contact us
Listing Agency: Rudder Property Group
Listed By: Michael Rudder · License #10491201687
Source: Moodyscre
Added: Dec 26, 2024 Changed: Aug 8 Last Checked: Aug 12 at 11:32AM

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 Rudder Property Group

Investment Insights

Based on property information with market context.

This new construction office space, built in 2022 and designed by FXCollaborative, features a side core construction and virtually column-free floors. The property offers three white-boxed floors at the base of a newly constructed residential building, with the potential for a contiguous block of up to 28,000+ RSF. It includes two passenger elevators served by a dedicated office entrance. The third and fourth floors have 13’ ceilings, while the fifth floor boasts 18’ ceilings. The third and fourth floors are supplied by a 17.5-ton owner-controlled HVAC unit, and the fifth floor is supplied by a 25-ton owner-controlled HVAC unit. The building is fully sprinklered with a fire alarm system and includes an access control system for the lobby and a CCTV system for entrances and common areas. Telecom and cable infrastructure include voice and data horizontal cable pathways on each floor, leading back to the main equipment room. The property benefits from a fresh 35-year 421a tax abatement. It features a dedicated semi-private attended office lobby entrance on Dey Street. The floor load is 100 LBS/SF. Electrical service is provided by one 4,000 AMP, 208/120-volt electrical service and service switchboards.

Key Highlights

  • Low carrying costs thanks to a new 35‑Year 421a tax abatement.
  • Newly constructed in 2022 with modern design by FXCollaborative.
  • High ceilings: 13’ on the third and fourth floors, 18’ on the fifth floor.

Property Analytics

Current Use

Debrah Pearl Lcsw Physician indigo luxe Clothing & Fashion Store Progressive Brokerage Corporation Insurance Agency 7 Dey Apartments Apartment Building Vitec Solutions LLC Computer & Electronic Repair

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

603
Businesses Nearby

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

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 - New construction office condo with tax abatement benefits.
Where is this office units located?
The property is located at 7 Dey St New York, NY.
What is the lease rate?
The lease rate is $48,861,455.
What are key features of this property?
This property features: Low carrying costs thanks to a new 35‑Year 421a tax abatement.; Newly constructed in 2022 with modern design by FXCollaborative.; High ceilings: **13’ on the third and fourth floors, 18’ on the fifth floor.**
(646) 483-2203 Call to check price and availability
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