28 W 27th St, New York, NY 10001
Commercial office building with 6,000 square feet available for sale.
- Added:
- Sep 28, 2024
- Days on Market:
- 638
- Last Refresh:
- May 12 at 10:49 pm
Property Features for 28 W 27th St
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Property subtype
- Office
Listing office Up Real Estate Advisors
Listing date Sep 28, 2024
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Up Real Estate Advisors
HighLights
- No property information was provided to extract selling points.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $308.9k | $51.48 |
| − Vacancy | −$58.4k | −$9.73 |
| EGI | $250.5k | $41.75 |
| − OpEx | −$62.6k | −$10.44 |
| NOI | $187.9k | $31.31 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9898535
- Latitude
- 40.7448472