Office Space For
For Sale
Contact for pricing
825 7th Avenue, New York, NY 10019
38,458 RSF office space available for purchase.
Property Size38,458 SF
Price / SF$462.50
Days on Market77
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
Changed: Jul 10
Last Checked: Aug 5 at 10:22AM
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
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 authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
57,003
Businesses Nearby
Explore this area
Business Placement
Demographics for 10019, NY
49,029
Population
33,279
Households
1.5
Avg Household Size
38
Median Age
78%
College-Educated
98%
High-School Grad
0.7 sq mi
ZIP Area
70,041
Density / Sq Mi
$121,835
Median Household Income
$108,231
Median Earnings
$2,619
Median Rent
$1,066,100
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 - 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
