401 Park S Ave, New York, NY 10016-8808
This prestigious Class A office building in New York County offers 10,435 square feet of versatile workspace. The property features a multitude of options, including traditional office suites, executive office suites, and coworking spaces, catering to diverse business needs. Units range from a minimum of 10 square feet to a maximum contiguous space of 1,300 square feet, with a total of 350 suites. Currently, 5,970 square feet are available. The building provides fully furnished and equipped private offices, customizable to individual requirements. These options extend to executive suites, disaster recovery spaces, and day offices, offering flexible access. Coworking spaces promote collaboration, with dedicated desks and hot-desking options. A comprehensive range of meeting rooms is available, equipped for presentations, training sessions, or informal gatherings. Virtual office solutions are also offered, including mail handling and call answering services. Flexible membership plans provide access to a global network of workspaces, allowing for adaptable work arrangements. This property is ideal for businesses seeking a dynamic and adaptable workspace in a prime Midtown South location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C64A · New York, NYNew York. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.