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    711 3Rd Ave New York, NY 10017

    Sponsored
    For Lease
    Contact for pricing

    NYC Executive Suites, 2,111-4,424 sq ft

    Lot size:
    600,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional executive office opportunity is located at 711 3rd Avenue in the heart of Midtown Manhattan, New York, NY 10017. The property, a substantial 600,000 square foot building, offers multiple tenancy options within a vibrant commercial setting. Currently, there are three available spaces ranging from a minimum of 2,111 square feet to a maximum contiguous space of 4,424 square feet. A total of 4,419 square feet is currently vacant and ready for immediate occupancy. The building's classification includes both retail and office space, making it an ideal location for businesses seeking high visibility and convenient access to a diverse range of amenities. Situated in New York County, this property benefits from its prime location in one of the world's most dynamic business districts. The address, 711 3rd Avenue, provides excellent accessibility and high profile exposure. This is an unparalleled chance to secure prestigious office space in a highly sought-after area of New York City. The flexible space options cater to a variety of business needs and sizes, offering a unique opportunity for growth and expansion. Inquire today to learn more about this exceptional property.

    Property Features for 711 3Rd Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    600,000 SF

    Unit(s) available at that property

    Space
    Third Avenue
    Size
    4,424 SF
    Space
    Space B
    Size
    2,111 SF
    Space
    Space A
    Size
    2,308 SF

    HighLights

    • Currently occupied by Santander Bank.
    • Suitable for a variety of uses.
    • Divisible space available.
    • Ground floor space in a 600,000 SF office tower.
    • One block from Grand Central Terminal.
    Property Profile Location Intelligence

    Current Use by Public Records

    Golenbock Eiseman Assor ... Law Firm Ricoh USA Inc Print Shop Goldberg Segalla: Sharon ... Insurance Attorney Barton LLP Attorney Goldberg Segalla Attorney

    Suggested Use

    Restaurant Realty agency Hair Salon Spa & Massage Nail Salon Food Market Dental Office 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
    -73.9729531
    Latitude
    40.7522486

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    FAQs

    What type of property is this?
    Office Property / Space - NYC Executive Suites, 2,111-4,424 sq ft
    Where is this office property / space located?
    The property is located at 711 3Rd Ave New York, NY.
    What are key features of this property?
    This property features: Currently occupied by Santander Bank.; Suitable for a variety of uses.; Divisible space available.
    Request Owner's contact information
    711 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
    711 3Rd Ave New York, NY 10017
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