140 57Th St New York, NY 10019
- Banks
- 90,000 SF
- 0.18 lot acres
Current Use by Public Records
- Ron Forrester, Archetier / Architect
- 150 E 50TH STREET / Hotel
- Feil Organization / Real Estate Agency / Office Space Rental Agency
- Jhane Barnes Inc / Fashion Designer
- Proexport / Non-Profit Organization
Property Details for 140 57Th St
- Year built
- 1908
- Lot size
- 0.18 lot acres
- Property size
- 90,000 SF
- Zone code
- C5-3
- Property type
- Banks
- APN
- 01009-0050
- APU
- 10090050
Description
This iconic 14-story, Class A office building at 140 West 57th Street, New York, NY 10019, offers 6,500 square feet of immediately available executive office space. Built in 1908 and boasting a meticulously restored neo-Gothic façade, the building seamlessly blends classic elegance with modern amenities. The 75,968 square foot building features a stunning lobby, high-speed elevators, and updated systems including air conditioning, fiber optics, and video intercoms. Each suite includes a private pantry and restroom. Available spaces range from 1,000 to 6,500 rentable square feet, perfect for businesses seeking a prestigious address in a vibrant location. Tenants enjoy 10-foot ceilings, many with original fireplaces and designer railings. Select suites offer dramatic duplex layouts with 22-foot ceilings and expansive bay windows. The building's prime location between 6th and 7th Avenues, steps from Carnegie Hall and The Art Students League, provides unparalleled visibility and access to cultural attractions and transportation. The building's 200 KW power supply ensures reliable operation. This is an exceptional opportunity to establish a presence in one of Manhattan's most coveted business districts.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $10,500,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $11,415,000
- 6.5%
- $9,950,000
- 7%
- $10,115,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $9,430,000
- Geo Method
- $9,250,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $12,015,000
- Retail
- $10,340,000
- Mixed-Use
- $11,815,000
- Hospitality
- $12,100,000
- Educational
- $9,845,000
- Residential Income
- $9,740,000
- Energy
- $10,175,000
- Income-Based Land
- $10,105,000
- Food Service
- $11,160,000
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9789
- Latitude
- 40.7648
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
