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    343 Lexington Ave New York, NY 10016

    For Lease
    $52 SF/Yr

    Prime Midtown Manhattan Office, 1500 sq ft

    Lot size:
    1,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1500-square-foot office space is ideally situated on Lexington Avenue between 39th and 40th Streets in a boutique elevator building. The entire second floor is available as a single-tenant occupancy, offering a versatile open floor plan perfect for a variety of businesses. The space boasts a convenient kitchenette and a full bathroom, enhancing both functionality and convenience for occupants. The building's elevator provides easy access, eliminating the challenges often associated with navigating stairs in older buildings. The location itself is a significant advantage, placing the property within the vibrant heart of Midtown Manhattan, offering unparalleled access to public transportation, numerous amenities, and a thriving business community. This presents a unique opportunity to secure a well-appointed, conveniently located office space in a highly desirable area. The property is classified as retail and office, and is specifically categorized as a traditional office space. The open layout provides flexibility for customization to suit individual business needs. This is a single-tenant space, ensuring privacy and control over the entire area. The property is located in New York County, further emphasizing its prime location within the city. This space is perfect for businesses seeking a prestigious address and a functional, well-maintained office environment. Inquire today to schedule a viewing and secure this exceptional opportunity.

    Property Features for 343 Lexington Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,500 SF

    Unit(s) available at that property

    Space
    Size
    1,500 SF
    Rate per SF
    $52

    HighLights

    • 1,500 sq. ft. traditional office space.
    • Single‑tenant occupancy.
    • Located on Lexington Avenue between 39th and 40th Streets in New York County.
    • Situated on the second floor of a boutique elevator building.
    • Features an open floor plan, kitchenette, and bathroom.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kelly Kogut & Associates Employment Agency Sunny Island Group ... Acupuncture Clinic Good Dog Veterinarian Veterinarian NYC Rental Kings Party Equipment Rental Service Stella Neste Store

    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
    -73.977022750527
    Latitude
    40.749676995419

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Midtown Manhattan Office, 1500 sq ft
    Where is this office property / space located?
    The property is located at 343 Lexington Ave New York, NY.
    What is the lease rate?
    The lease rate is $52 SF/Yr.
    What are key features of this property?
    This property features: 1,500 sq. ft. traditional office space.; Single-tenant occupancy.; Located on Lexington Avenue between 39th and 40th Streets in New York County.
    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
    343 Lexington Ave New York, NY 10016
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