20 West 37th Street - Attractive Financing

For Sale

20 West 37th Street, New York, NY 10018

This New York property for sale is located at 20 West 37th Street. The general use of 20 West 37th Street - Attractive Financing is office and it incorporates 69,718 square feet of class B office space. Contact the listing broker for details on the current sale price for 20 West 37th Street - Attractive Financing. 20 West 37th Street - Attractive Financing is situated on a lot that is 0.15 acre in size.

Contacts

broker
Chris Varjan

Lee & Associates - New York

Property Details

  • Property Type Office - General Office
  • Property Size 69,718 SF
  • Lot Size 0.15 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1912
  • Year Renovated 2010
  • Date Updated Dec 18, 2024
Frontage on West 37th Street between 5th Avenue and 6th AvenueLee & Associates NYC is pleased to exclusively offer for sale the office building located at 20 West 37th Street, New York, NY 10018. (the “Property”). Situated in the heart of Midtown Manhattan, the Property is at the vortex of some of New York City’s main transportation arteries including Bryant Park, Grand Central Station, and Penn Station. The current layout includes basement, ground and mezzanine level retail space, delivered vacant, with 11 floors of office space above featuring four current tenants on single floors. The Property features an assumable loan with a maturity of January 10, 2027 at an interest rate of approximately 4.7%. 20 West 37th Street represents the opportunity for an investor to own a mixed-use asset in a prime submarket of Manhattan at below replacement cost with in-place financing at an extremely competitive rate, or offers a potential user the opportunity for a New York City flagship location.
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Highlights

  • Near-term vacancies ideal for immediate renovation and rapid execution of planned capital improvements
  • Floor plan allows for easily divisible spaces to serve a wide range of tenant needs
  • Immediate vacancy allows for users to capitalize on owner-occupying space
  • Proximity to one of New York City’s premier transit hubs: Grand Central Terminal
  • Value-add office asset ideally located in the heart of Midtown

Getting around

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  • 85/100

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Location

  • City New York, NY
  • Neighborhood Garment District
  • Zip Code 10018
  • Market Manhattan

Points of Interest

  • 34th Street & Broadway at Northwest Corner

    0.19 miles

  • 5th Avenue

    0.25 miles

  • 33rd Street

    0.26 miles

  • Grand Central

    0.31 miles

  • 33rd St / 7th Av

    0.34 miles

  • Times Square

    0.35 miles

  • Grand Central 42nd Street / Vanderbilt Avenue entrance

    0.36 miles

  • 7th Avenue & 33rd Street at Northwest Corner

    0.36 miles

  • 43rd / Vanderbilt

    0.37 miles

  • Grand Central 42nd Street entrance

    0.38 miles

  • ChargePoint

    0.51 miles

  • Tesla Supercharger

    0.70 miles

  • Blink

    0.77 miles

  • Mobil

    0.79 miles

  • Bus Charging Station

    0.81 miles

  • BP

    1.20 miles

  • Citgo

    1.83 miles

  • Gulf

    2.05 miles

  • Sunoco

    2.09 miles

  • SP+

    0.24 miles

  • City Parking

    0.25 miles

  • Icon

    0.31 miles

  • Select Garages

    0.31 miles

  • Hippodrome Parking

    0.36 miles

  • Red Ball Garage

    0.52 miles

  • Icon Parking

    0.52 miles

  • intlFcstone 10022 LOCi Multi

    0.57 miles

  • Quik Park Garage

    0.63 miles

  • iClean

    1.85 miles

  • Fairfield Inn

    0.03 miles

  • The Draper

    0.03 miles

  • SpringHill Suites

    0.04 miles

  • Marriott Vacation Club, New York City

    0.04 miles

  • LeSoleil

    0.06 miles

  • Best Western

    0.06 miles

  • Hyatt Place New York/Midtown-South

    0.07 miles

  • Hotel Hendricks

    0.08 miles

  • Holiday Inn Express

    0.08 miles

  • Embassy Suites by Hilton

    0.08 miles

  • Muji

    0.20 miles

  • Macy's

    0.22 miles

  • Sunrise Mart

    0.23 miles

  • Target

    0.24 miles

  • H Mart

    0.25 miles

  • Koreatown Shopping Court

    0.25 miles

  • Manhattan Mall

    0.26 miles

  • Whole Foods Market

    0.27 miles

  • Mrs. K's

    0.37 miles

  • D'Agostino

    0.45 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Chris Varjan

Lee & Associates - New York