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    OFF-MARKET
    Office Spaces

    135 27Th St, New York, NY 10001

    5,570 SF Built 2001
    Property ID
    Property summary
    AI-generated overview

    This exceptional, 5,570-square-foot office space occupies the entire third floor of a 12-story building at 135 West 27th Street in the vibrant NoMad/Chelsea area of New York City. The property is a fully built-out, furnished, and wired turnkey space, perfect for immediate occupancy. Boasting premium finishes, a sleek updated kitchen, and contemporary amenities including an European-style pantry and ADA-compliant bathrooms with showers, this creative/executive/traditional office space is move-in ready. The open concept layout features soaring ceilings and 100 feet of expansive windows on both north and south sides, providing abundant natural light. A state-of-the-art, occupant-controlled HVAC system ensures year-round comfort. The building, originally constructed in 1912 and significantly renovated in 2001, is meticulously maintained and offers a separate rentable office with its own entrance. Located in a prime commercial zone (M1-6), this 54,000-square-foot building sits on a 4,937-square-foot lot and provides unparalleled access to public transportation, including numerous subway lines, Penn Station, and PATH. This 100% occupied, single-tenancy office is offered at $3,375,000 with a 5.00% cap rate. The property is a B-class asset in a stable co-op environment, representing an excellent opportunity for equity building. This full-floor office is ideal for companies seeking a prestigious Manhattan address.

    Property profile
    Verified
    Property type Office Spaces
    Year built 2001
    Total area 5,570 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • BODEGA Studios Media Distribution
    • Trademark NYC - Corporate Event Production Marketing & Advertising Event Planning
    • Afua Mintah MD Physician
    • Chelsea Well Woman Care Physician
    • Effektiv Consultant
    Value estimations
    Realmo proprietary · 4 methods
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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