566 7Th Ave, New York, NY 10018
This exceptional Class A property at 566 7th Avenue, situated between West 40th and West 41st Streets in the heart of Times Square, offers 13,000 square feet of vacant space across two floors. Currently configured as a school, the space is zoned M1-6, C6-7 and is suitable for a variety of uses, including office space, special purpose, or continued use as an educational facility. The building is located in New York County, NY, 10018, and boasts a 0.16-acre lot. The available space is divisible, with options for leasing either the second floor, the third floor, or both floors totaling 13,000 square feet. This high-traffic location benefits from over 460,000 daily pedestrians and 50 million annual visitors, making it an ideal space for businesses seeking high visibility and accessibility. The existing Certificate of Occupancy supports school use. This is a unique opportunity to secure a significant space in one of the world's most iconic locations. Inquire today for lease terms and availability.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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