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633 Third Ave - Commercial Condo 650 SF Flex Condo Unit Offered at $931,258 CAD in New York, NY 10017
Investment Highlights
- Great Storage , distribution center in Midtown Manhattan.
Executive Summary
650 sqf of Storage/Office in Midtown. Near Grand central, and all the office buildings .
1 Unit Available
Unit SC
| Unit Size | 650 SF | Sale Type | Investment or Owner User |
| Price | $931,258 CAD | Cap Rate | 6.70% |
| Price Per SF | $1,432.70 CAD | NOI | $62,394.25 CAD |
| Condo Use | Flex |
| Unit Size | 650 SF |
| Price | $931,258 CAD |
| Price Per SF | $1,432.70 CAD |
| Condo Use | Flex |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.70% |
| NOI | $62,394.25 CAD |
Description
650 sqf, storage/office in Midtown Manhattan ,right by grand central station. convenient loading duck on the floor, potential cap rate of 5%. Great Investment or owner usage
Sale Notes
Storage / Commercial space in a beautiful building
excellent location right in the heart of Manhattan
$685/monthly condo fee $390/ monthly taxes
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 1,013,617 SF | Typical Floor Size | 26,458 SF |
| Property Type | Office (Condo) | Year Built | 1972 |
| Building Class | B | Lot Size | 1.12 AC |
| Floors | 41 | ||
| Zoning | C5-3 - Commercial, Storage /Office | ||
| Total Building Size | 1,013,617 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 41 |
| Typical Floor Size | 26,458 SF |
| Year Built | 1972 |
| Lot Size | 1.12 AC |
| Zoning | C5-3 - Commercial, Storage /Office |
Amenities
- 24 Hour Access
- Bus Line
- Controlled Access
- Convenience Store
- Fitness Center
- Metro/Subway
- Property Manager on Site
- Restaurant
- Security System
- Fully Carpeted
- High Ceilings
- Natural Light
- Drop Ceiling
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Demographics
Demographics
1 mile
3 mile
5 mile
2020 Population
171,289
1,338,517
3,008,776
2025 Population
175,860
1,385,200
3,075,202
Population Growth '20-'25
2.7%
3.5%
2.2%
2020 Households
95,960
682,805
1,356,809
2025 Households
96,825
695,258
1,367,481
Household Growth '20-'25
0.9%
1.8%
0.8%
Average Age
41
41
40
Median Household Income
$154,109
$127,234
$105,690
Daytime Employees
816,942
1,688,254
2,403,787
Total Businesses
67,104
160,112
236,892
College Degree + Higher
78%
68%
55%
$ values in USD
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Presented by
Queens Community Realty
633 Third Ave - Commercial Condo
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