Property profile

25 36Th St New York, NY 10018

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional single-tenant office space, located at 25 West 36th Street in the vibrant Penn Plaza/Garment District of New York City (zip code 10018), offers 4,000 square feet of fully built-out and furnished space. The property boasts a desirable array of features, including air conditioning, direct elevator access, and abundant natural light. The open-plan layout provides flexibility for various business configurations, while the exposed ceiling adds a touch of modern industrial chic. A fully equipped kitchen is also included, enhancing convenience for occupants. The building's location within the dynamic Penn Plaza/Garment District provides easy access to numerous transportation options, making it an ideal location for businesses seeking a central and easily accessible New York City address. This property is classified as both retail and office space, although the current configuration is solely office. The property is situated in New York County, New York. This turnkey solution eliminates the need for extensive build-out and allows for immediate occupancy. The space benefits from excellent exposure, making it highly visible and attractive. This is a rare opportunity to secure a fully furnished, move-in ready office space in a prime Manhattan location.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Consultant
  • Clothing & Fashion Store
  • Tutoring Service
  • Accounting Firm Tax Preparation
  • Factory Textile Manufacturer

Location

25 36Th St New York, NY 10018
New York metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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