8 41st St New York, NY 10017-0040
- Banks
- 13,836 SF
- 0.05 lot acres
Mar 29, 2022
Current Use by Public Records
- O'Dwyer & Bernstien, LLP / Personal Injury Attorney / Employment Attorney
- Global Dynamics Technology / Contractor
- Salon Kinya / Hair Salon
- Prima Pharmacy / Pharmacy
- Telecom Infrastructure Corp / Telecommunications Service Provider
Property Details for 8 41st St
- Year built
- 1921
- Lot size
- 0.05 lot acres
- Property size
- 13,836 SF
- Zone code
- C52.5
- Property type
- Banks
- APN
- 01275-0066
- APU
- 12750066
Description
8 East 41st Street offers a remarkable opportunity to lease a fully built-out, 2,100 square-foot medical office space in the heart of Midtown Manhattan. Located on the sixth floor of a boutique commercial building, this single-tenant space is a true turnkey solution, ready for immediate occupancy. The floor-through layout maximizes efficiency and boasts impressive ceiling height, creating a bright and spacious environment. The space includes a central HVAC system for optimal climate control, two bathrooms for convenience, and modern lighting fixtures. Security and privacy are ensured with private keyed elevator access. The building itself holds a UG6 designation, suitable for a variety of uses including retail, office, and service establishments. This prime location on the south side of 41st Street, between Fifth and Madison Avenues, places the property within easy walking distance of luxury retailers, upscale restaurants, and five-star hotels. Exceptional accessibility is provided by its proximity to Grand Central Terminal, Bryant Park, Times Square, and the Port Authority Bus Terminal, offering unparalleled convenience for both staff and clients. This exceptional medical office space represents an unparalleled opportunity to establish or expand a practice in one of New York City's most desirable locations. The space is immediately available.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $10,165,000
- ML approach
- $8,800,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $6,021,000
Market price range: $1.24M - $10.8M -
Alternative Use
- Use
- Estimation
- FINANCIAL BUILDING
- $6,170,000 Current use
- INDUSTRIAL (GENERAL)
- $16,010,000 Change: +159% Conversion: Difficult
- WAREHOUSE, STORAGE
- $11,305,000 Change: +83% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $10,025,000 Change: +62% Conversion: Difficult
- OFFICE BUILDING
- $8,840,000 Change: +43% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $7,485,000 Change: +21% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9809
- Latitude
- 40.7524
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
