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    112 23Rd St New York, NY 10010

    Sponsored
    For Lease
    Contact for pricing

    1,000-2,500 SF, Medical Use OK

    Lot size:
    12,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 12,000 square foot multi-tenant building at 112 E 23rd St, New York, NY 10010 offers a unique opportunity for businesses seeking flexible space in a vibrant Manhattan location. Built in 1900, this four-story building currently has 3,500 square feet of vacant space available, divisible into units as small as 1,000 square feet and up to a contiguous 2,500 square feet. The property is zoned for retail and office use, including medical practices. A prime second-floor loft space is highlighted, boasting attractive features such as hardwood floors, impressive 11-foot ceilings, and a private bathroom. The space benefits from excellent street exposure, with windows facing 23rd Street, ensuring high visibility for your business. Convenient access is provided via both elevator and stairwells. The building's central location in New York City offers unparalleled access to transportation, amenities, and a diverse workforce. All uses are considered, making this a versatile option for a variety of businesses. This is a rare chance to secure a well-located, adaptable space in a thriving Manhattan neighborhood.

    Property Features for 112 23Rd St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,000 SF

    Building Details

    Year Built
    1900
    Stories
    4

    Unit(s) available at that property

    Space
    Floor 4
    Size
    1,800 SF

    HighLights

    • Full basement with ample storage.
    • Ten‑year lease extension option available.
    Property Profile Location Intelligence

    Current Use by Public Records

    SkinShine EXPERT Microneedling ... Medical Spa Manhattan Medspa Skin Care Clinic Skin Shine Bar Skin Care Clinic Wendy's Fast Food Restaurant JINJINWELLNESS ACUPUNCTURE Wellness Center

    Suggested Use

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

    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
    -73.9859225
    Latitude
    40.7396363

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    FAQs

    What type of property is this?
    Office Property / Space - 1,000-2,500 SF, Medical Use OK
    Where is this office property / space located?
    The property is located at 112 23Rd St New York, NY.
    What are key features of this property?
    This property features: Full basement with ample storage.; Ten-year lease extension option available.;
    Request Owner's contact information
    112 23Rd St New York, NY 10010
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    New York, NY 10010
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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
    112 23Rd St New York, NY 10010
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