Property profile

1916 Park Ave 1938 New York, NY 10037

OFF-MARKET
Office buildings
Property ID
US63-3387320
106,596 SF 0.41 ac lot Built 1896
Individually Owned 46-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The Yellow Brick Lofts offers 8,202 square feet of executive office space in New York County, currently fully vacant and available for lease. This prestigious building features nine available suites ranging from a minimum of 377 square feet to a maximum contiguous space of 1,715 square feet. Larger spaces may be available by combining multiple units. Each suite boasts bright, natural light from north, south, east, and west-facing windows. The interior features attractive wood floors and high, open ceilings, creating a modern and inviting atmosphere. All spaces have been recently painted, and the building is meticulously maintained. Tenants benefit from state-of-the-art 24/7 video surveillance and a staffed lobby, ensuring security and peace of mind. Additional storage space is also available for lease. The building's multiple tenancy structure allows for flexibility in lease terms and space requirements. Contact us today to discuss pricing and availability for this exceptional office space opportunity in a highly desirable New York City location. The minimum divisible space is 377 square feet.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1896
Total area 106,596 SF
Lot 0.41 ac (17,985 SF)
Zoning code M16R9
APN 01755-0033
UPID US63-3387320

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon
  • Food Bank Charitable Organization
  • Construction Company General Contractor
  • Take-out & Catering Catering Service
  • Church

Location

1916 Park Ave, Unit 1938 New York, NY 10037-3738
New York metro Census 20600 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$895k

Owner & transaction history

Zoning & alternative use

M16R9 · New York, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1916 Park Ave, Unit 1938?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message