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Renovated Midtown Office Floorplates
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885 2nd Ave, New York, NY 10017

Second generation office space is available on select high floors with 12′6″ slab-to-slab ceiling heights.

Property Size2,969 SF
Days on Market204

Property Features for 885 2nd Ave

General Information

Standard status Active
Size 2,969 SF
Property subtype OFFICE
Listing Agency: CBRE | Midtown Manhattan
Listed By: Neil King
Source: Moodyscre
Added: Jan 7 Changed: Jul 27 Last Checked: Jul 30 at 2:07PM

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 CBRE | Midtown Manhattan

Investment Insights

Based on property information with market context.

One Dag has been newly enhanced through more than $20 million in capital improvements, with contemporary design and upscale finishes. The pre-built office offerings feature 12′6″ slab-to-slab ceiling heights, brand new restrooms, and a recently renovated lobby. Updated interiors reflect high-end finishes designed by Fogarty Finger Architects, supporting both day-to-day client presence and modern workplace use.

Space is available on floors E22–E25 as contiguous floorplates in a second generation-built condition. The landlord will either build brand new space to suit an incoming tenant’s requirements or provide a tenant improvement allowance. An on-site parking garage serves the building. The upper-level layouts offer city and river views and significant natural light coming in on all four sides.

For accessibility, the building is situated in Midtown Manhattan between Grand Central Terminal and the United Nations headquarters complex.

Key Highlights

  • Second generation office space available on select high floors in One Dag
  • Floors E22–E25 offer 64K RSF contiguous space in second generation‑built condition
  • 12'6" slab‑to‑slab ceiling heights

Property Analytics

Current Use

Wachtel Missry LLP Law Firm Zaino Michael Law Firm Morris Missry Law Firm Bedell Terrace Apartments ... Apartment Building British Consulate General ... Foreign Consulate

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Buffet Auto Parts Store Pet Grooming Service Adult Day Care

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

58,096
Businesses Nearby

Demographics for 10017, NY

17,401
Population
12,866
Households
1.4
Avg Household Size
38
Median Age
85%
College-Educated
97%
High-School Grad
0.3 sq mi
ZIP Area
58,003
Density / Sq Mi
$132,518
Median Household Income
$94,214
Median Earnings
$2,980
Median Rent
$808,200
Median Home Value

Market

Lease Benchmarks for New York, NY

$52.42 /SF/Yr
Avg Asking Price
$4.17–$240 /SF/Yr
Price Range
5,627 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 - Second generation office space is available on select high floors with 12′6″ slab-to-slab ceiling heights.
Where is this office units located?
The property is located at 885 2nd Ave New York, NY.
What are key features of this property?
This property features: Second generation office space available on select high floors in One Dag; Floors E22–E25 offer 64K RSF contiguous space in second generation‑built condition; 12'6" slab‑to‑slab ceiling heights
(212) 984-8122 Call to check price and availability
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