Property profile

202 40Th St New York, NY 10018

OFF-MARKET
Office Spaces
49,058 SF Built 1928
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Property summary

AI-generated overview

This exceptional office property at 202 W 40th St, situated in the vibrant Garment District of Midtown West, offers a diverse range of spaces to suit various business needs. The building, constructed in 1928, boasts a total of 49,058 square feet and is currently configured for multiple tenancies. Available spaces range from 989 square feet to 2,850 square feet, providing flexibility for businesses of all sizes. The building features attractive aesthetics and concrete floors. The landlord is open to build-outs, allowing for customization to meet specific tenant requirements. This prime location offers unparalleled convenience, with easy access to a multitude of subway lines (1, 2, 3, 7, N, Q, R, S, A, C, E, B, D, F & M) and numerous bus routes. A wealth of dining, entertainment, and other amenities are within walking distance, enhancing the overall appeal and convenience of this exceptional office space. The property is located in New York County, NY, zip code 10018. The building's classification includes Traditional Office, Executive Office, Coworking, Medical Office, and Creative Office spaces, making it a versatile option for a wide array of businesses.

Property profile

Verified
Property type Office Spaces
Year built 1928
Total area 49,058 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
  • Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Cafe & Coffee Shop
  • Crisis Center Medical Clinic
  • Construction Company
  • Architect Interior Decoration

Location

202 40Th St New York, NY 10018
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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