Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    125 23Rd St New York, NY 10010

    • Office buildings
    • 15,470 SF
    • 0.06 lot acres
    For Sale
    View listing
    Value Estimation
    Last Sale
    Mar 24, 2020
    Location Intelligence
    Property ID
    US63-2020284
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • VRTCL Entertainment / Photographer / Recording Studio
    • Angeliki Pesiridou / Psychiatrist
    • Collaborative CBT / Mental Health Clinic
    • Chipotle Mexican Grill / Mexican Restaurant / Caterer
    • Therapy2Change / Psychologist / Marriage Or Relationship Counselor

    Property Details for 125 23Rd St

    Year built
    1910
    Lot size
    0.06 lot acres
    Property size
    15,470 SF
    Zone code
    C64A
    Property type
    Office buildings
    APN
    00879-0014
    APU
    8790014

    Description

    This exceptional 2,500 square foot storefront retail space is ideally located at 125 E 23rd St in New York, NY 10010. Situated on the second floor, this versatile property boasts convenient access via both elevator and stairway, catering to diverse business needs. Previously used as a salon, the space offers significant potential for various retail ventures, including gyms and yoga studios. Its prime location benefits from a dense residential and office population, ensuring high foot traffic and visibility. The property enjoys an enviable position just one block from Madison Square Park and within close proximity to major mass transit hubs, providing unparalleled accessibility. The surrounding area is vibrant and bustling, with a strong mix of established businesses including Chipotle, Kung Fu Tea, Wendy's, NY Sports Club, Starbucks, Juice Generation, Baked by Melissa, Blank Street Coffee, 7-Eleven, About:Time Coffee, Just Salad, Equinox, and Dos Toros. Additional signage opportunities are available using the building's flag, further enhancing marketing potential. This is a truly remarkable opportunity to establish a thriving business in a highly sought-after New York City location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9851
    Latitude
    40.7399
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $186,319
    $675,000
    $1,228,860
    $1,903,860
    -
    $1,500,000
    $2,409,000
    $3,909,000

    Comparable in this City

    • Value Estimation by Request
      439,330 SF

      40 23rd St

      OFFICE BUILDING (MULTI-STORY) • 439,330 SF
      40 23rd St, New York, NY 10010-5215
      View Details
    • Value Estimation by Request
      10,136 SF

      24 23rd St

      OFFICE BUILDING (MULTI-STORY) • 10,136 SF
      24 23rd St, New York, NY 10010-5200
      View Details
    • Value Estimation by Request
      200,757 SF

      120 23rd St

      OFFICE BUILDING (MULTI-STORY) • 200,757 SF
      120 23rd St, New York, NY 10010-4519
      View Details
    • Value Estimation by Request
      19,749 SF

      333-335 Park S Ave

      OFFICE BUILDING (MULTI-STORY) • 19,749 SF
      333-335 Park S Ave, New York, NY 10010
      View Details
    • Value Estimation by Request
      4,972 SF

      60 22nd St

      OFFICE BUILDING (MULTI-STORY) • 4,972 SF
      60 22nd St, New York, NY 10010-6058
      View Details
    • Value Estimation by Request
      10,780 SF

      210 23rd St

      OFFICE BUILDING (MULTI-STORY) • 10,780 SF
      210 23rd St, New York, NY 10010-4604
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      17,078 SF

      Office Building in New York

      17,078 square foot office building for sale.
      42 E 23Rd St, New York, NY 10010
      View Details
    • Contact for pricing
      6,166 SF

      Flatiron District Redevelopment Opportunity

      Flexible zoning allows residential or commercial redevelopment in Flatiron.
      38 W 21St St, New York, NY 10010
      View Details
    • $5,650,000
      7,100 SF

      Five-Story Mixed-Use Building in Flatiron

      Mixed-use building in Flatiron, New York, spanning 7,100 square feet.
      25 W 23Rd St, New York, NY 10010
      View Details
    • $3,450,000
      4,850 SF

      Flatiron District Office Co-op

      Full floor office co-op in vibrant Flatiron District.
      49 W 24Th St, New York, NY 10010
      View Details
    • $1,920,000

      Luxurious Live-Work Condo in NYC

      Two-bedroom condo designed for maximizing life and work.
      250 E 25Th St, New York City, NY 10010
      View Details
    • $11,562,500
      18,500 SF

      Flatiron Office with Architectural Design

      Flatiron office space featuring brick arches, high ceilings, and natural light.
      936 Broadway, New York, NY 10010
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      18,082 SF

      Boutique Office Building Near Park

      12-story office building near Madison Square, Gramercy, and Union Square.
      304 Park Ave S, New York, NY 10010
      View Details
    • Contact for pricing
      92,663 SF

      Adaptive Reuse Office Space

      Significant adaptive reuse project in 21st Century New York.
      1 Madison Ave, New York, NY 10010
      View Details
    • $77 SF/Yr
      5,530 SF

      Office Building in Central Location

      12-story office building with 60,000 square feet available for rent.
      24 W 25Th St, New York, NY 10010
      View Details
    • $12,000 /Mo
      8,000 SF

      Chelsea Loft Office Space Available

      Renovated 12-story office building with natural light and high ceilings.
      138 W 25Th St, New York, NY 10010
      View Details
    • Contact for pricing
      35,338 SF

      Renovated Office Building in Flatiron

      Six-story office building in Manhattan's Flatiron District, renovated in 2020.
      27 W 23Rd St, New York, NY 10010
      View Details
    • Contact for pricing

      Office Building on Park Avenue

      15-story office building with 159,600 rentable square feet.
      300 Park Ave South, New York, NY 10010
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    125 23Rd St
    New York, NY 10010
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.