Property profile

349 5Th Ave New York, NY 10016

OFF-MARKET
Office Spaces
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Property summary

AI-generated overview

This exceptional 8,000 square foot office space is located at the highly desirable corner of 5th Avenue and 34th Street in New York City, zip code 10016. The building, an eight-story Class B property, boasts a prime Midtown Manhattan location directly across from the iconic Empire State Building, offering unparalleled visibility and prestige. Completely renovated in 2022, the space is versatile and suitable for a variety of uses, including traditional office, medical office, or creative office settings. The multiple tenancy structure provides flexibility for businesses of various sizes. The address, 349 5th Avenue, ensures easy access to public transportation, numerous amenities, and a vibrant business community. This is a rare opportunity to secure a significant footprint in one of New York City's most sought-after locations. The space is available directly from the owner, offering a streamlined transaction process. Interested parties are encouraged to inquire for further details and scheduling a viewing.

Property profile

Verified
Property type Office 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
  • Advertising Agency Marketing & Advertising
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • Training Center
  • Eating Disorder Treatment Center
  • Marketing & Advertising (Bike/Boat/Book/etc) Store

Location

349 5Th Ave New York, NY 10016
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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