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    37 Union Sq W New York, NY 10003
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    Property profile & analytics

    37 Union Sq W, New York, NY 10003

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    • Office buildings
    • 19,434 SF
    • 0.10 lot acres
    Union Square Office Space Available For Lease
    $8,120,000

    Union Square Office Space Available

    Office space for rent near Union Square and public transportation.

    37 Union Square W, New York, NY 10003
    View Listing
    Property ID
    US63-2132349
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Nurse Lynn Wojton at Center Aesthetic & Dermatology / Spa & Massage Center / Alternative Medicine Practice
    • Goodrich James MD / Physician
    • Hype Gym Union Square / Gym & Fitness Center
    • The Blackout Fitness / Gym & Fitness Center
    • Leo Results Fitness / Gym & Fitness Center

    Property Details for 37 Union Sq W

    Year built
    1910
    Lot size
    0.10 lot acres
    Zone code
    C6-4
    Property type
    Office buildings
    APN
    00844-0023
    APU
    8440023

    Description

    This exceptional 8,700-square-foot retail and restaurant space at 37 Union Square West presents a unique opportunity in the heart of Manhattan. Located directly on Union Square Park, this single-tenant property boasts unparalleled foot traffic and visibility in one of New York City's most vibrant and desirable neighborhoods. The stunning space features soaring ceilings, polished concrete floors, and high-end custom lighting, creating a dramatic and architecturally impressive environment ideal for a variety of uses, including pop-up shops, restaurants, or event venues. The property's design and layout are exceptionally well-suited for immediate occupancy. Adding significant value is a substantial 4,500-square-foot basement, complete with a prep/staging area and separate men's and women's restrooms, offering ample additional space for storage, operations, or expansion. The entire 8,700 square feet is currently vacant and ready for immediate use. This property is situated in New York County, New York, with a zip code of 10003. The address is 37 Union Square West, New York, NY. This is a truly remarkable opportunity to establish a presence in one of Manhattan's most iconic locations. The high volume of pedestrian traffic ensures maximum exposure for any business. Don't miss this chance to secure this exceptional property.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $10,820,000
      6.5%
      $9,985,000
      7%
      $9,275,000
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $12,415,000
      Current use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9909
    Latitude
    40.737
    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
    $570,486
    $900,000
    $4,486,010
    $5,386,010
    -
    $2,000,000
    $11,550,000
    $13,550,000
    View Listing
    More about this property
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