7 38Th St New York, NY 10016
- Banks
- 80,797 SF
- 0.17 lot acres
Current Use by Public Records
- 7 E 38th St Garage / Parking Lot
Property Details for 7 38Th St
- Year built
- 1920
- Lot size
- 0.17 lot acres
- Property size
- 80,797 SF
- Zone code
- C52.5
- Property type
- Banks
- APN
- 00868-0010
- APU
- 8680010
Description
This exceptional 2,986 square foot commercial space, located at 7 East 38th Street, offers a unique opportunity in the vibrant Midtown submarket. Situated on the ground floor with an additional approximately 1,000 square foot mezzanine, this single-tenant property is ideal for a variety of uses, including retail, food service, office, or fitness. The space boasts attractive features such as private bathrooms, existing HVAC, and a striking glass frontage with a secure gate. Built in 1920, this Class C building features twelve stories and four elevators, ensuring convenient access. The property sits on a 0.17-acre lot and is zoned C5-2.5, providing flexibility for various business ventures. While there is no on-site parking, the building's prime location offers easy access to public transportation, with proximity to Grand Central Terminal and Bryant Park. The annual property taxes are $4.50 per square foot. This is a rare opportunity to secure a well-positioned, versatile space in one of Manhattan's most sought-after neighborhoods. The building's cross street is 5th Avenue.
Value Estimation
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9817
- Latitude
- 40.7509
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
