438-448 W. 37th St Second Floor Office
- Usage: Office
- Type: Sale
- Floor: 2nd Floor
- Size: 14,384 SQFT
- Price: $7,695,440
- Term: —
- Broker: Jonathan Anapol
- Telephone: 212-268-8289
With original pricing at $18,699,000 ($650/RSF), the reduced price now stands at $15,390,880 ($535/RSF). The annual common charges amount to $117,661 ($4.09/RSF), and the annual real estate taxes are $167,142 ($5.81/RSF).
These loft-style floors feature impressive 13’4” ceilings and expansive north and south-facing windows, providing abundant natural light. The larger floor plates offer flexibility and can be utilized as a contiguous block if desired.
Renovated lobby and building enhancements ensure a modern and welcoming environment. Additionally, the property boasts very low carrying costs, making it an attractive investment opportunity.
Situated next to prominent establishments such as the Baryshnikov Arts Center, Chef’s Table at Brooklyn Fare, Uncle Jack’s Steakhouse, and Peloton’s corporate headquarters, the location offers convenience and exposure to a vibrant neighborhood.
Across the street, the Brooklyn Fare gourmet store provides high-quality lunch options, enhancing the overall appeal of the area.
For buyers, up to 90% financing is available, facilitating the acquisition process. The property is ideal for showrooms, creative firms, production, and distribution businesses, catering to diverse needs.
Immediate possession is available, offering a swift transition for prospective owners. With its strategic location in Hudson Yards, proximity to major attractions, and versatile layout, this commercial condo presents a compelling ownership opportunity in the heart of New York City.
Space Features:
The available space at 438 West 37th Street offers the flexibility to accommodate various office configurations to suit your needs. Here's a test fit plan that demonstrates the potential layout:
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12 Offices: Private offices provide dedicated workspace for key team members, ensuring privacy and focus when needed.
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2 Executive Offices: These premium offices offer enhanced amenities and are ideal for top-level executives or management personnel.
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Open Space for 54 Workstations: An open layout fosters collaboration and teamwork among employees, promoting creativity and productivity.
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Reception Area: A welcoming reception area with a staff front desk and guest seating sets the tone for visitors and creates a professional first impression.
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2 Conference Rooms: Dedicated conference rooms offer space for meetings, presentations, and collaboration sessions, accommodating various group sizes.
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Amenity Areas: Breakout areas with seating and tables provide opportunities for informal meetings, brainstorming sessions, or simply a change of scenery for employees.
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Eat-In Staff Pantry: A well-equipped pantry with bar seating and tables allows staff to enjoy meals, snacks, and beverages comfortably onsite, fostering a sense of community.
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I.T. Room: A designated I.T. room ensures that essential technology infrastructure is properly housed and maintained, supporting seamless operations.