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    Property profile & analytics
    FOR SALE
    Residential income homes

    131 W 35Th St, New York, NY 10018

    4,308 SF 0.03 ac lot Built 1920
    Entity Owned 22-yr Hold Free & Clear
    Property ID
    US63-3118997
    Property summary
    AI-generated overview

    This exceptional 7,725 square foot executive office suite, located at 131 W 35th St (6th Floor) in New York, NY 10001, presents a compelling investment opportunity. Priced at $5,400,000 ($699.03/sq ft), this full-floor space boasts an efficient layout with wide column spacing, maximizing usable area. The impressive 12'5" high ceilings and large operable windows flood the space with natural light and fresh air. Recent building upgrades include a renovated lobby and modernized elevators, enhancing both aesthetics and functionality. Low maintenance charges contribute to a strong return on investment. The property also benefits from a separate freight entrance and a large freight elevator, ideal for efficient logistics. The building enjoys a strong tenant base, with many well-capitalized unit owners. Its unparalleled location, steps from Penn Station and Herald Square, provides exceptional accessibility with proximity to 14 different subway lines and the PATH train, ensuring convenient commutes for employees and clients alike. This is a rare opportunity to acquire a premium, fully renovated office space in a highly desirable Midtown Manhattan location.

    Property profile
    Verified
    Property type Residential income homes
    Use group BOARDING/ROOMING HOUSE
    Year built 1920
    Total area 4,308 SF
    Lot 0.03 ac (1,482 SF)
    Zoning code R10
    APN 00891-0019
    UPID US63-3118997
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Progressive Engineering Engineer
    • DFG Brands General Contractor
    • Residences in Crestview Gardens of Rockaway Real Estate Agency
    • Kramberg Robert D MD Physician Medical Clinic
    • Gramercy Cardiac Diagnostic Services, PC Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $2.08M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.68M
    Owner & transaction history
    MILAN REALTY
    MILAN REALTY
    Zoning & alternative use
    R10 · New York, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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