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    323 39Th St New York, NY 10018

    For Lease
    $35 SF/Yr

    5,952 SF Creative Office Suite, NYC

    Lot size:
    79,835 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 5,952 square foot office space occupies the entire 11th floor of a twelve-story building located at 323 W 39th St, New York, NY 10018, between 7th and 8th Avenues in the desirable Port Authority submarket of Hudson Yards. Built in 1925 and extensively renovated in 2010, the building boasts impressive features including high ceilings (11.5 feet), a glass entry and door, and convenient elevator access. The suite itself offers a versatile layout ideal for a variety of office configurations. Seven individual offices provide ample private workspaces, complemented by a dedicated conference room for meetings and presentations. A full pantry with ample seating ensures employee comfort and convenience, and two bathrooms add to the functionality of the space. A unique highlight is the private terrace featuring a wood deck, offering an outdoor oasis within the bustling city. The total building size is 79,835 square feet, situated on a 7,500 square foot lot. This single-tenant space is perfect for a company seeking a prestigious and well-appointed office in a vibrant, central location. The property is classified as Creative, Executive, and Traditional Office space.

    Property Features for 323 39Th St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    79,835 SF
    Total Rate
    232852.08

    Building Details

    Year Built/Renovated
    1925/2010
    Stories
    12

    Unit(s) available at that property

    Space
    Size
    5,952 SF
    Rate per SF
    $35
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    MaloTek Graphic Designer Johnstone Supply Heating Equipment Supplier Argus Risk Advisors, ... Insurance Agency Ingvild Waerhaug Coaching Life Coach EFA Robert Blackburn ... Print Shop

    Suggested Use

    Restaurant Realty agency Hair Salon Spa & Massage 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
    -73.9924149
    Latitude
    40.7561631

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    FAQs

    What type of property is this?
    Office space - 5,952 SF Creative Office Suite, NYC
    Where is this office space located?
    The property is located at 323 39Th St New York, NY.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    Request Owner's contact information
    323 39Th St New York, NY 10018
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    New York, NY 10018
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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
    323 39Th St New York, NY 10018
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