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    600 3Rd Ave New York, NY 10016

    • Office buildings
    • 493,860 SF
    • 0.57 lot acres
    For Lease
    View listing
    $22 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US63-3373045
    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

    • Foundation & Excavation Company / Excavating Contractor
    • Framing & Drywall Company NYC / Dry Wall Contractor
    • Elastilon / Corporate Office / Flooring Contractor
    • Park Bridge Financial / Financial Institution
    • Bernfeld, DeMatteo and Bernfeld, LLP / Legal Services

    Property Details for 600 3Rd Ave

    Year built
    1970
    Lot size
    0.57 lot acres
    Property size
    493,860 SF
    Zone code
    C5-3
    Property type
    Office buildings
    APN
    00895-0045
    APU
    8950045

    Description

    This exceptional Class A office space at 600 Third Avenue in Midtown East, New York, NY 10016 offers a variety of flexible workspace options. The building boasts 21,382 square feet of total space, with 5,970 square feet currently vacant, divisible into units as small as 10 square feet and up to a contiguous 1,300 square feet. The property features 350 total suites, catering to diverse business needs. Renovated in 2019, this building offers modern amenities including elevators. Its prime location provides easy access to Grand Central Terminal and Penn Station, placing tenants within walking distance of Times Square and the Theater District. Enjoy stunning views of the Empire State Building and Midtown Manhattan through spectacular glass facades and floor-to-ceiling windows. The building is situated in New York County and offers a variety of office subtypes including executive office, coworking, creative office, and traditional office spaces to suit various business models. This is a multi-tenant building, perfect for businesses of all sizes seeking a prestigious address in the heart of Manhattan. The building's modern design and convenient location make it an ideal choice for companies seeking a vibrant and productive work environment.

    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
    -73.976
    Latitude
    40.7494
    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
    $8,444,195
    $29,250,000
    $50,472,388
    $79,722,388
    -
    $65,000,000
    $121,193,000
    $186,193,000

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    600 3Rd Ave
    New York, NY 10016
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    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
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