Office Space For
825 7th Avenue New York, NY 10019
825 7th Avenue, New York, NY, 10019
Contact for pricing
For Sale
Contact for pricing
38,458 RSF office space available for purchase.
Property Size38,458 SF
Price / SF$462.50
Days on Market62
Property Features for 825 7th Avenue
General Information
- Standard status
- Active
- Size
- 38,458 SF
- Property subtype
- Office
Building Details
- Year Built
- 1967
Listing agency
Rudder Property Group
Listed by
Justin Harris · License #NY 10401319657
Source
Crexi
Added: May 21 Updated: Jul 10 at 1:41PM Checked: Jul 21 at 9:31AM
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 commercial property features 38,458 rentable square feet of office space. The property is suitable for office use.
Key Highlights
- Office Space Available
- 38,458 RSF
- Year Built: 1967
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.98M | $51.48 |
| − Vacancy | −$374.2k | −$9.73 |
| EGI | $1.61M | $41.75 |
| − OpEx | −$401.4k | −$10.44 |
| NOI | $1.20M | $31.31 |
38,458 SF · lease $51.48/SF/yr · vacancy 18.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$17.20M
$15.05M – $20.07M
NOI $1,204,224 @ 7.0% cap · market cap 6.77%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$95.73M
$83.76M – $111.68M
NOI $6,700,922 @ 7.0% cap · market cap 37.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Weiss Yaacov
Physician
Xiaoya Wang, LAC, ...
Alternative Medicine Practice
iHope Academy
Special Education Facility
Dr. D Supplements
Weight Loss Service
drx9000
Medical Clinic
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FAQs
What type of property is this?
Office building - 38,458 RSF office space available for purchase.
Where is this office building located?
The property is located at 825 7th Avenue New York, NY.
What is the asking price?
The asking price for this property is $17,786,825.
What are key features of this property?
This property features: Office Space Available; 38,458 RSF; Year Built: 1967
