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16 E 40th St
New York, NY 10016
Office Property For Sale
Investment Highlights
- Value-add office asset ideally located in the heart of Midtown
- Immediate vacancy allows for users to capitalize on owner-occupying space
- Near-term vacancies ideal for immediate renovation and rapid execution of planned capital improvements
- Proximity to one of New York City’s premier transit hubs: Grand Central Terminal; Serviced by the B, D, and F trains at Bryant Park Station as well a
Property Facts
Property Type
Office
Building Size
89,392 SF
Building Class
B
Year Built/Renovated
1911/2005
Tenancy
Multiple
Building Height
12 Stories
Typical Floor Size
8,615 SF
Building FAR
12.07
Lot Size
0.17 AC
Zoning
C52.5 - Central commercial district with continuous retail frontage intended for offices and retail establishments
Amenities
- Security System
Property Taxes
| Parcel Number | 0869-0064 | Improvements Assessment | $2,813,400 |
| Land Assessment | $4,050,000 | Total Assessment | $6,863,400 |
Property Taxes
Parcel Number
0869-0064
Land Assessment
$4,050,000
Improvements Assessment
$2,813,400
Total Assessment
$6,863,400
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