100 Park AveNew York, NY 10017

Property Details for 100 Park Ave

Year built

1950

Lot size

0.85 AC

Property size (Sq ft)

778,203 SF

Zone code

C5-3

Property type

Office properties

Property subtype

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.

• CAP approach

  CAP return

  Valuation

  6%

  $128,660,200

  6.5%

  $118,763,264

  7%

  $110,280,176

• Comparable approach

  Method

  Valuation

  Relative Method

  $101,680,000

  Geo Method

  $101,680,000

• Alternative Use

  Use

  Valuation

  Residential

  $147,266,448

  Hospitality

  $134,895,280

  Educational

  $112,231,280

  Medical

  $116,091,088

  Retail

  $174,582,000

Location Insight

City

New York

County

New York

State

New York

Latitude

40.7513

Longitude

-73.9789

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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