147 48Th St New York, NY 10017
- Office Properties & Spaces
- 8,182 SF
Current Use by Public Records
- Stalder Mediation / Mediation Service
- Norman Foundation Inc / Foundation
- Spears Abacus Advisors LLC / Investment Service
- Quartz / Investment Service
Property Details for 147 48Th St
- Property size
- 8,182 SF
- Property type
- Office Properties & 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 Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9723
- Latitude
- 40.7551
