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    627 11Th Ave New York, NY 10036

    Sponsored
    For Lease
    Contact for pricing

    Huge NYC space, flexible layouts.

    Lot size:
    37,250 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 37,250 square foot multi-use property at 627 11th Avenue in Manhattan, New York, NY 10036 presents a unique investment opportunity. Located in New York County, this building offers a versatile space suitable for a variety of commercial uses, including medical office, manufacturing, automotive, medical & healthcare, life sciences, and other commercial ventures. The property is currently fully vacant, providing a blank canvas for a new tenant or tenants. The building features multiple tenancies, allowing for flexibility in lease terms and space configurations. Individual spaces range from a minimum of 17,250 square feet to a maximum contiguous space of 20,000 square feet. Ceiling heights vary from 12 to 20 feet, accommodating diverse operational needs. Ample parking is available with 112 spaces on-site. This prime Manhattan location offers excellent accessibility and visibility, making it an ideal choice for businesses seeking a prominent presence in a thriving urban environment. The property's size and adaptability make it suitable for a single large tenant or multiple smaller tenants. This is a rare opportunity to secure a substantial and versatile commercial space in a highly desirable area of New York City.

    Property Features for 627 11Th Ave

    General Information

    Property type
    Automotive properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    37,250 SF

    Unit(s) available at that property

    Space
    Ground Floor
    Size
    20,000 SF
    Space
    Rooftop
    Size
    17,250 SF

    HighLights

    • 37,250 SF multi‑use building at 627 11th Avenue, Manhattan, NY.
    • Suitable for various commercial uses including medical, manufacturing, automotive, and life sciences.
    • Fully vacant, offering flexible lease terms and space configurations (17,250 - 20,000 SF units).
    • 12‑20' ceiling heights, 112 on‑site parking spaces, and prominent Manhattan location.
    • 125' frontage on 11th Avenue and 50' on 46th Street.
    Property Profile Location Intelligence

    Current Use by Public Records

    Centurion Motors Group Store Medicare Plan Insurance Health Insurance Agency

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm Hair Salon Dental Office Nail Salon Food Market Grocery Store Daycare Center

    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
    -73.9966387
    Latitude
    40.763786

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    FAQs

    What type of property is this?
    Automotive property - Huge NYC space, flexible layouts.
    Where is this automotive property located?
    The property is located at 627 11Th Ave New York, NY.
    What are key features of this property?
    This property features: 37,250 SF multi-use building at 627 11th Avenue, Manhattan, NY.; Suitable for various commercial uses including medical, manufacturing, automotive, and life sciences.; Fully vacant, offering flexible lease terms and space configurations (17,250 - 20,000 SF units).
    Request Owner's contact information
    627 11Th Ave New York, NY 10036
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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
    627 11Th Ave New York, NY 10036
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