243 14Th StNew York, NY 10003

Property Details for 243 14Th St

Year built

1929

Lot size

0.06 AC

Property size (Sq ft)

9,164 SF

Zone code

C16A

Property type

Mixed-use properties

Property subtype

Retail residential properties

APN

00896-0021

APU

8960021

Description

This fully furnished, 850-square-foot office space at 243 East 14th Street is a turnkey solution for businesses seeking a vibrant and convenient workspace. Located near Union Square and major subway lines, this south-facing unit boasts abundant natural light throughout the day. The space comfortably seats eight and features a modern layout including sit-stand desks in every room, a conference room with whiteboard, large flatscreens, and clear plexiglass room dividers. High-speed internet is already available, and four HVAC units with remote controls ensure year-round comfort. Additional amenities include surge protectors in every room, filing cabinets, a keypad door lock, and a water cooler. Electric fees are handled by management. The building also offers enhanced security features, including a Yale lock. Previously occupied by a marketing agency, this exceptional office is ready for immediate occupancy. Enjoy the convenience of a fully furnished space and the energy of a prime Union Square location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,878,703

  6.5%

  $1,734,187

  7%

  $1,610,317

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,855,921

  Geo Method

  $1,855,921

• Alternative Use

  Use

  Valuation

  Residential

  $1,734,187

  Hospitality

  $1,588,506

  Educational

  $1,321,618

  Medical

  $1,367,071

  Retail

  $2,055,851

Location Insight

City

New York

County

New York

State

New York

Latitude

40.7328

Longitude

-73.9852

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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