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    1177 Avenue Of The Americas New York, NY 10036

    • Office buildings
    • 912,955 SF
    • 0.74 lot acres
    For Lease
    View listing
    $22 SF/Yr
    Value Estimation
    Last Sale
    Jul 12, 2021
    Location Intelligence
    Property ID
    US63-3387373
    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

    • Grandmere Premier Healthcare Staffing LLC / Nursing Agency
    • Diligex / Computer Support And Services / Computer Consultant
    • Juvellee / Jewelry Designer / Jeweler
    • Amy Rose Photography / Commercial Photographer
    • PA MECHANICAL SERVICES / Construction Company

    Property Details for 1177 Avenue Of The Americas

    Year built
    1988
    Lot size
    0.74 lot acres
    Property size
    912,955 SF
    Zone code
    C6-6
    Property type
    Office buildings
    APN
    00998-0029
    APU
    9980029

    Description

    This Class A office building, located at 1177 Avenue of the Americas, 5th Floor, New York, NY 10036, offers 33,628 square feet of flexible workspace. The property, renovated in 2019, features 350 suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,970 square feet are vacant and available for lease. The building boasts a polished granite exterior, a 60-foot-high lobby, and a top-floor conference suite with stunning city views. Building amenities include elevators. This executive office space is ideal for businesses seeking a prestigious address in a dynamic New York City district, surrounded by leading companies in finance, media, and law. The location offers convenient access to nearby attractions like Top of the Rock and renowned restaurants such as Tony's Di Napoli and Del Frisco's Double Eagle Steakhouse. The property is categorized as Executive Office, Coworking, and Creative Office space, suitable for various business needs. This multiple-tenancy building in New York County provides a sophisticated and convenient workspace in the heart of Manhattan.

    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
    -73.9829
    Latitude
    40.7573
    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
    $16,919,417
    $42,300,000
    $117,437,700
    $159,737,700
    -
    $94,000,000
    $283,982,000
    $377,982,000

    Comparable in this City

    • Value Estimation by Request
      1,039,529 SF

      1133 Ave Of The Americas

      OFFICE BUILDING (MULTI-STORY) • 1,039,529 SF
      1133 Ave Of The Americas, New York, NY 10036-6710
      View Details
    • Value Estimation by Request
      2,245,112 SF

      1111 Ave Of The Americas

      OFFICE BUILDING (MULTI-STORY) • 2,245,112 SF
      1111 Ave Of The Americas, New York, NY 10036
      View Details
    • Value Estimation by Request
      1,047,390 SF

      1185 Ave Of The Americas

      OFFICE BUILDING (MULTI-STORY) • 1,047,390 SF
      1185 Ave Of The Americas, New York, NY 10036-2601
      View Details
    • Value Estimation by Request
      180,524 SF

      546-548 5th Ave

      OFFICE BUILDING (MULTI-STORY) • 180,524 SF
      546-548 5th Ave, New York, NY 10036
      View Details
    • Value Estimation by Request
      2,636,182 SF

      1221 Ave Of The Amer

      OFFICE BUILDING (MULTI-STORY) • 2,636,182 SF
      1221 Ave Of The Amer, New York, NY 10036
      View Details
    • Value Estimation by Request
      426,056 SF

      120 45th St

      OFFICE BUILDING (MULTI-STORY) • 426,056 SF
      120 45th St, New York, NY 10036-4195
      View Details

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    New York, NY 10036
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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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