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    3rd 37Th St New York, NY 10018

    For Lease
    $40 SF/Yr

    Prime Midtown South office, 1200 sq ft, immediate occupancy.

    Lot size:
    1,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1,200 square foot office space is located on the third floor of a building on West 37th Street in Midtown South. The space boasts excellent natural light and air, thanks to its front-facing position overlooking 37th Street. Ideal for a single tenant, this traditional office features approximately 1200 square feet of usable space. The monthly rent is $4,000, translating to $40 per square foot. The lease term is negotiable, and possession is available immediately. The space is offered in as-is condition. Note that utilities and taxes are not included in the monthly rent. A shared bathroom is available for use. While the ceiling height is not specified, the space offers ample natural light and a desirable location. All dimensions are approximate; prospective tenants are advised to conduct their own due diligence regarding exact measurements. Please be aware that all information provided is subject to change without notice.

    Property Features for 3rd 37Th St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,200 SF

    Unit(s) available at that property

    Space
    Size
    1,200 SF
    Rate per SF
    $40

    HighLights

    • 1,200 sq. ft. traditional office space on the 3rd floor of a building on West 37th Street in Midtown South.
    • Single‑tenant occupancy.
    • $4,000 monthly rent ($40 per square foot).
    • Immediate possession available.
    • As‑is condition; shared bathroom.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Food Market Grocery Store Daycare Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9906473
    Latitude
    40.7533072

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Midtown South office, 1200 sq ft, immediate occupancy.
    Where is this office property / space located?
    The property is located at 3rd 37Th St New York, NY.
    What is the lease rate?
    The lease rate is $40 SF/Yr.
    What are key features of this property?
    This property features: 1,200 sq. ft. traditional office space on the 3rd floor of a building on West 37th Street in Midtown South.; Single-tenant occupancy.; $4,000 monthly rent ($40 per square foot).
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3rd 37Th St New York, NY 10018
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