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    55th Office New York, NY 10022

    For Lease
    $84 SF/Yr

    Prime 500 sq ft office, immediate occupancy.

    Lot size:
    500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 500-square-foot office space is ideally situated in Midtown East on East 55th Street. Currently available for immediate occupancy, this single-tenant space offers a highly desirable location perfect for a variety of businesses. The unit boasts an 8-foot ceiling height and includes a convenient wet pantry and a private bathroom, enhancing both functionality and privacy. A private patio adds a unique outdoor amenity. The monthly rent is $3,500. The lease term is negotiable. All dimensions are approximate; for precise measurements, it is recommended to engage an independent architect or engineer. Please note that all information provided is subject to change without notice, including price and availability. This prime Midtown East location presents a fantastic opportunity for businesses seeking a well-appointed and conveniently located office space. The property is a traditional office space within New York County. Serious inquiries only.

    Property Features for 55th Office

    General Information

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

    Unit(s) available at that property

    Space
    Size
    500 SF
    Rate per SF
    $84

    HighLights

    • Midtown East traditional office space for lease.
    • 500 square foot single‑tenant suite.
    • $3,500 per month rent.
    • Immediate occupancy available.
    • Features a wet pantry and private bathroom.
    • Includes a private patio.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9647379
    Latitude
    40.7571575

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    FAQs

    What type of property is this?
    Office Property / Space - Prime 500 sq ft office, immediate occupancy.
    Where is this office property / space located?
    The property is located at 55th Office New York, NY.
    What is the lease rate?
    The lease rate is $84 SF/Yr.
    What are key features of this property?
    This property features: Midtown East traditional office space for lease.; 500 square foot single-tenant suite.; $3,500 per month rent.
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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
    55th Office New York, NY 10022
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