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    147 48Th St New York, NY 10017
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    Property profile & analytics

    147 48Th St New York, NY 10017


    • Office Spaces
    • 8,182 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Stalder Mediation / Mediation Service
    • Norman Foundation Inc / Charitable Organization
    • Spears Abacus Advisors LLC / Financial Advisor
    • Quartz / Financial Advisor

    Property Details for 147 48Th St

    Property size
    8,182 SF
    Property type
    Office Spaces

    Description

    This exceptional Midtown East office building at 147 East 48th Street, New York, NY 10017 presents a unique investment opportunity. Spanning 8,182 square feet, the property features two distinct units, each offering a private entrance, lobby, and elevator access. The asking price is $5,150,000, translating to a price per square foot of $629.43. The building is ideally situated in a highly desirable location, offering immediate possession. The current owners are motivated sellers, making this an attractive proposition for discerning buyers. The property's convenient location places it within easy walking distance of various amenities and transportation options. The building's layout allows for the sale of both floors as a single unit or individually, providing flexibility to suit diverse investment strategies. This presents a rare chance to acquire a well-maintained, traditionally styled office building in a prime Manhattan location. The building's features, combined with its prime location and motivated sellers, make this an exceptional opportunity for investors seeking a strong return. Serious inquiries are encouraged to explore this compelling investment opportunity further.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9723
    Latitude
    40.7551
    More about this property
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