For Lease
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Property summary
This exceptional 17-story, Class B office building at 64 W 48th St, located in the coveted Plaza District of Midtown Manhattan, offers a unique opportunity for discerning tenants. Boasting a total of 130,000 square feet, the property, built in 1926 and extensively renovated in 2010, provides multiple tenancy options. Currently, there are 35,443 square feet of vacant space available, divisible into units ranging from a minimum of 7,852 square feet to a maximum contiguous space of 9,197 square feet. The building features four elevators – three passenger and one freight – ensuring efficient vertical transportation. While parking is not available on-site, the building's prime location offers easy access to public transportation. The property is ideally suited for a variety of uses, including creative office, executive office, medical office, jewelry businesses, and educational institutions, as well as light manufacturing. The 3rd and 4th floors are available for lease individually or together, and will be delivered in a "white box" condition, allowing for complete tenant customization. Landlord build-to-suit options are available. Tenants will enjoy tenant-controlled air conditioning. The building's convenient location, adjacent to Rockefeller Center and just one block from the Diamond District, provides unparalleled access to amenities and a vibrant business environment. On-site amenities include the Elgin and Tsuru Ton Tan restaurants.
Property profile
VerifiedCap rate & NOI
Current use
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Counselor Social Worker
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Restaurant
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Factory Production Facility
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(Bike/Boat/Book/etc) Store
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(Bike/Boat/Book/etc) Store
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
C6-6 · New York, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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