100 Park Avenue New York, NY 10017
- Office buildings
- 778,203 SF
- 0.85 lot acres
Current Use by Public Records
- Office buildings
Property Details for 100 Park Avenue
- Year built
- 1950
- Lot size
- 0.85 lot acres
- Property size
- 778,203 SF
- Zone code
- C5-3
- Property type
- Office buildings
- APN
- 01275-0027
- APU
- 12750027
Description
This Class A, 24,839 square foot office building at 100 Park Avenue, Suite 1600, New York, NY 10017, offers flexible workspace solutions in the heart of Midtown Manhattan. 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 available for lease. The building boasts an opulent reception area and stunning views of the Chrysler Building. Its prime location provides easy access to major transportation, world-class amenities, and iconic New York City attractions including Broadway theaters, Times Square, Rockefeller Center, and the high-end shopping on Fifth and Madison Avenues. The building is equipped with elevators and caters to various business needs, including executive offices, coworking spaces, and creative office layouts. This multi-tenant building offers a range of options for businesses of all sizes seeking a prestigious address in one of New York City's most desirable locations. Located in New York County, this exceptional property presents a unique opportunity to establish or expand your business in a vibrant and convenient setting. The building's modern design and prime location make it an ideal choice for businesses seeking a sophisticated and productive work environment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,545,000
- 6.5%
- $1,495,000
- 7%
- $1,325,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,350,000
- Geo Method
- $1,565,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,665,000
- Retail
- $1,670,000
- Mixed-Use
- $1,610,000
- Hospitality
- $1,595,000
- Educational
- $1,565,000
- Residential Income
- $1,255,000
- Energy
- $1,650,000
- Income-Based Land
- $1,705,000
- Food Service
- $1,600,000
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9789
- Latitude
- 40.7513
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
