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    633 3Rd Ave New York, NY 10017

    Sponsored
    For Sale
    $27,800,000

    44,779 SF Vacant Office Space

    Property size:
    44,779 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Class A office condominium, located at 633 3rd Avenue in New York City's highly sought-after Grand Central submarket, offers 44,779 rentable square feet of vacant space, available for immediate possession. Situated between Bryant Park and the United Nations, this property boasts spectacular views from full-height windows on four sides. The highly efficient floor plan is ready for immediate occupancy. The asking price is $27,800,000, translating to $620.83 per square foot. This owner/user investment opportunity benefits from a real estate tax exemption for qualified users and features a high-security, two-story lobby with 24/7 access. Its prime location provides unparalleled convenience, steps from Grand Central Terminal, the United Nations, and New York's most prestigious hospitals. The property is being offered "as is," and interested parties are encouraged to conduct thorough due diligence. The building offers a vacant, move-in ready space, perfect for a business seeking a prestigious and convenient location in the heart of Manhattan. This is a rare opportunity to acquire a significant amount of prime office space in a highly desirable location.

    Property Features for 633 3Rd Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    44,779 SF
    Class
    A
    Property Profile Location Intelligence

    Current Use by Public Records

    Joelle Weiss Attorney ... Attorney Marcus & Pollack LLP Attorney Aspen Aesthetic Clinics ... Plastic Surgery Clinic VIOL Attic Insulation ... Contractor Seth Owusu, RPh Pharmacy

    Suggested Use

    Restaurant Realty agency Hair Salon Spa & Massage Nail Salon Dental Office 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
    -73.9749349
    Latitude
    40.7497693

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    FAQs

    What type of property is this?
    Office Property / Space - 44,779 SF Vacant Office Space
    Where is this office property / space located?
    The property is located at 633 3Rd Ave New York, NY.
    What is the asking price?
    The asking price for this property is $27,800,000.
    (212) 660-7744
    Request Owner's contact information
    633 3Rd Ave New York, NY 10017
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    New York, NY 10017
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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
    633 3Rd Ave New York, NY 10017
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