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Property profile

711 3Rd Ave New York, NY 10017

Banks
Property ID
US63-2966127
View Sample
544,150 SF 0.89 ac lot Built 1956
Entity Owned Free & Clear

Property summary

AI-generated overview

This exceptional executive office opportunity is located at 711 3rd Avenue in the heart of Midtown Manhattan, New York, NY 10017. The property, a substantial 600,000 square foot building, offers multiple tenancy options within a vibrant commercial setting. Currently, there are three available spaces ranging from a minimum of 2,111 square feet to a maximum contiguous space of 4,424 square feet. A total of 4,419 square feet is currently vacant and ready for immediate occupancy. The building's classification includes both retail and office space, making it an ideal location for businesses seeking high visibility and convenient access to a diverse range of amenities. Situated in New York County, this property benefits from its prime location in one of the world's most dynamic business districts. The address, 711 3rd Avenue, provides excellent accessibility and high profile exposure. This is an unparalleled chance to secure prestigious office space in a highly sought-after area of New York City. The flexible space options cater to a variety of business needs and sizes, offering a unique opportunity for growth and expansion. Inquire today to learn more about this exceptional property.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1956
Total area 544,150 SF
Lot 0.89 ac (38,666 SF)
Zoning code C5-3
APN 01318-0001
UPID US63-2966127

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
  • Law Firm
  • (Bike/Boat/Book/etc) Store Printing Service
  • Law Firm Insurance Agency
  • Law Firm
  • Law Firm

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$122.95M

Owner & transaction history

since 2025
7 recorded transactions
2025
$25.9M
2020
Price N/A
2010
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C5-3 · 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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