Property profile

919 2Nd Ave New York, NY 10017

OFF-MARKET
Specialty properties
5,198 SF Built 2008
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Property summary

AI-generated overview

This exceptional 5,198 square foot commercial space at 919 Second Avenue, New York, NY 10017, offers a unique blend of coworking, medical office, and creative office opportunities. Located in the Alexander Condominium at the southwest corner of East 49th Street and Second Avenue, this two-story building boasts a 2008 construction date and features 15-foot ceiling heights throughout. The space is entirely vacant and divisible to a minimum of 1,500 square feet, with a maximum contiguous space of 5,198 square feet. Benefit from a dedicated street-level entrance and elevator access on Second Avenue, providing excellent visibility and accessibility. Large wrap-around floor-to-ceiling windows flood the space with natural light, enhancing its appeal. The property includes an oversized conference room and open space, ideal for various business configurations. The building offers tremendous signage and branding potential, further enhancing its value. A newly renovated lobby and entry door add to the modern aesthetic. The property is zoned C1-9 and features 400 AMP 3-phase power. Annual property taxes are $18.22 per square foot. Its prime Midtown East location offers unparalleled convenience, with close proximity to the United Nations headquarters and steps away from multiple subway lines (4, 5, 6, 7, S, E, and M) and Grand Central Terminal. This versatile space presents a rare opportunity for businesses seeking a high-profile address in a vibrant and well-connected neighborhood.

Property profile

Verified
Property type Specialty properties
Year built 2008
Total area 5,198 SF

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
  • Dental Office
  • Charitable Organization Social Service Agency
  • Dental Office
  • Medical Clinic
  • Physician

Location

919 2Nd Ave New York, NY 10017
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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