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Property profile & analytics

17 48th St New York, NY 10017-1010

  • Banks
  • 18,562 SF
  • 0.06 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US63-3321628
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

  • Kahiri Diamonds / Big Box & Wholesale Store / (Bike/Boat/Book/etc) Store
  • Hatsuhana / Restaurant
  • A G Color Inc / (Bike/Boat/Book/etc) Store
  • Mila Gems / (Bike/Boat/Book/etc) Store
  • T S Manufacturing / Industrial Manufacturer / Production Facility

Property Details for 17 48th St

Year built
1915
Lot size
0.06 lot acres
Property size
18,562 SF
Zone code
C52.5
Property type
Banks
APN
01284-0012
APU
12840012

Description

This exceptional 2,400-square-foot office space at 17 East 48th Street in New York, NY 10017, offers a sophisticated and functional workspace. Located in a well-maintained, owner-occupied building, this single-tenant space boasts a brand-new, high-end glass pre-build design. The layout features a large open area, perfect for collaborative work, complemented by three private conference rooms, a dedicated office, a phone booth, a spacious eat-in wet pantry, ample storage, and two private bathrooms. Enjoy the convenience of 24/7 tenant-controlled HVAC via new mini-splits and energy-efficient LED lighting. The high ceilings (10'10") add to the spacious feel. Furniture may be available for purchase. Lease terms are straightforward, with a short, simple 20-page agreement. The building offers convenient amenities including a 24/7 keycard access system, attended lobby (9-5, Monday-Friday), high-speed fiber internet access (Verizon and Spectrum), one passenger and one freight elevator. Its prime location is just one block from the new Grand Central LIRR entrance and a Citibike dock is directly across the street. The building also features a highly-regarded sushi restaurant on the ground floor. This is a rare opportunity to secure a move-in ready, high-quality office space in a desirable Midtown East location. Showings are by appointment only. The total building size is 21,600 square feet.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
New York
County
New York
State
New York
Longitude
-73.9769
Latitude
40.757
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
$229,836
$549,000
$1,684,530
$2,233,530
-
$1,220,000
$3,602,000
$4,822,000
More about this property
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