Property summary
This exceptional 4,850-square-foot executive office space at 49 West 24th Street in New York City's vibrant Chelsea neighborhood presents a unique investment opportunity. The full-floor office boasts loft-like ceilings and an efficient layout enhanced by oversized windows, maximizing natural light. Located in a prime location, less than a block from Madison Square Park, this property offers unparalleled convenience with close proximity to seven subway lines and the PATH train. The asking price is $4,200,000, translating to $866 per square foot. Annual operating expenses are $75,600, representing low maintenance charges. The property features a separate freight entrance and elevator, adding to its functionality. Immediate possession is available. The owner is also open to leasing the space at a rate of $29 per square foot. This property is ideal for a discerning business seeking a prestigious and highly accessible location in one of Manhattan's most sought-after areas. The address is 49 W 24th St, New York, NY 10010.
Property profile
VerifiedCap rate & NOI
Current use
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Law Firm
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Law Firm
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Physician Medical Clinic
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Physician
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Physician
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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