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    605 3Rd Ave New York, NY 10158

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    9,703 SF Executive Office Suite, New York City

    Lot size:
    9,703 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 9,703-square-foot Class A office space at 605 3rd Avenue in New York City presents a unique opportunity for a single tenant. Located in New York County, this corner unit boasts a highly desirable location with direct elevator access, offering unparalleled convenience and prestige. The entire space is currently vacant, providing a blank canvas for a discerning tenant to customize their ideal workspace. The property is classified as both Executive and Traditional Office space, catering to a variety of business needs and configurations. The raw space allows for complete design flexibility, enabling the creation of a truly bespoke office environment. A significant tenant improvement allowance is offered by a cooperative sublandlord, significantly reducing upfront costs and accelerating the move-in process. This is a rare opportunity to secure a substantial, high-quality office space in a prime Manhattan location. The building's address is 605 3rd Avenue, New York, NY 10158. The property's total square footage is 9,703 square feet, all of which is currently available. This presents a significant opportunity for a business seeking a large, contiguous space in a highly sought-after area. The building's Class A designation reflects its superior quality and amenities.

    Property Features for 605 3Rd Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,703 SF
    Class
    A

    Unit(s) available at that property

    Space
    3rd floor
    Size
    9,703 SF

    HighLights

    • Corner unit, delivered raw.
    • Elevator access.
    • Tenant improvement allowance offered by financially sound sublandlord.
    • Financially strong sublandlord.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wagamama Asian Restaurant Davidoff & Malito: Bochner ... Attorney First Manhattan Consulting ... Consultant Davidoff Hutcher & Citron ... Law Firm Hodgson Russ LLP Legal Services

    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
    -73.975182
    Latitude
    40.7492855

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    FAQs

    What type of property is this?
    Office Property / Space - 9,703 SF Executive Office Suite, New York City
    Where is this office property / space located?
    The property is located at 605 3Rd Ave New York, NY.
    What are key features of this property?
    This property features: Corner unit, delivered raw.; Elevator access.; Tenant improvement allowance offered by financially sound sublandlord.
    Request Owner's contact information
    605 3Rd Ave New York, NY 10158
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    New York, NY 10158
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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
    605 3Rd Ave New York, NY 10158
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