25 Central Park New York, NY 10023
- Flex space
- 1,271 SF
- 1.14 lot acres
Current Use by Public Records
- Gotham Jiu Jitsu / Jujitsu School / Gym
- Dr. Beshar Dentistry / Teeth Whitening Service / Dentist
- Central Park West Dentistry / Cosmetic Dentist / Dentist
- Dr JP Dow PC Orthodontist / Orthodontist / Dentist
- Joseph Giardino, PhD - Immigration Psychologist in New York / Psychologist
Property Details for 25 Central Park
- Year built
- 1932
- Lot size
- 1.14 lot acres
- Property size
- 1,271 SF
- Zone code
- R10A
- Property type
- Flex space
- APN
- 01115-1004
- APU
- 11151004
Description
This exceptional Upper West Side property at 25 Central Park West offers 5,250 square feet of retail and industrial flex space, currently entirely vacant and available for lease. The building features two suites, with a minimum divisible space of 2,150 square feet and a maximum contiguous space of 3,100 square feet. This presents a unique opportunity for businesses seeking flexible layouts to accommodate diverse needs. The building boasts an impressive 75-foot wraparound frontage, providing excellent street visibility and accessibility for customers. Located in the highly desirable New York County, zip code 10023, this property benefits from its prime location on Central Park West, offering unparalleled exposure and convenience. The multiple tenancy option allows for flexibility in lease terms and configurations, catering to a variety of business models. This is an exceptional opportunity to secure a prominent retail and/or industrial space in one of Manhattan's most coveted neighborhoods. The entire 5,250 square feet is available for lease, providing ample space for a single tenant or the possibility of dividing the space to accommodate multiple businesses. The property's versatility and location make it an ideal choice for a wide range of businesses seeking a high-profile presence in a vibrant and affluent area. Don't miss this chance to establish your business in this iconic New York City location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,445,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,560,000
- 6.5%
- $1,470,000
- 7%
- $1,405,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,475,000
- Geo Method
- $1,595,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,390,000
- Retail
- $1,290,000
- Mixed-Use
- $1,485,000
- Hospitality
- $1,650,000
- Educational
- $1,300,000
- Residential Income
- $1,635,000
- Energy
- $1,365,000
- Income-Based Land
- $1,795,000
- Food Service
- $1,405,000
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9809
- Latitude
- 40.7704
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA