Monday December 11, 2023

West 24th Street Office Space for Sale


LISTING DETAILS FOR West 24th Street Office Space for Sale

Unit Size 4850 SQ. FT
Type Sale
Price $3,500,000


Looking for a spacious and efficient office space in Manhattan’s vibrant Flatiron neighborhood? Look no further than this newly available full-floor commercial co-op at 49 W. 24th St Fourth Floor Space.

Spanning 4850 square feet, this commercial loft space is perfect for medical and office use and comes at a significantly discounted price. The space is contained within a low-rise mixed-use 11-story co-op building property and boasts eleven areas of focus, including private offices, open work space, reception, pantry, and administrative space.

The entire space is subdivided into individual areas, with a large open work area at the rear of the unit. The space is well-equipped with a pantry accessible through the open work area, as well as two staff restrooms and a guest restroom accessible from the reception area.

The co-op is serviced by two elevators, one passenger and one freight, which both open onto the office. The loft boasts polished hardwood floors with a light stained wood finish.

This commercial co-op presents a rare opportunity to own your own office space in 2020 as a business location or investment. This property also benefits from low maintenance rates, making it a highly desirable purchase and investment. Plus, the entire floor was renovated in 2016, ensuring that it is move-in ready.

Located just half a block from Madison Square Park and Eataly, this space is situated in a lovely, ornate, turn-of-the-century (built in 1910) loft building. The previous sales record for similar spaces in the building is impressive, with 49 West 24th (8th fl – 2019 – $4.3m), 49 West 24th (2nd fl – 2016 – $4.0m), and 148 West 24th (8th fl – 2018 – $4.1m) all selling for top dollar. Don’t miss out on this rare opportunity to own a piece of prime Manhattan real estate.

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