118 E. 25th St. 7th Floor Office
- Usage: Office
- Type: Sale
- Floor: 7th Floor
- Size: 4,772 SQFT
- Price: $3,950,000
- Term: —
- Broker: Jonathan Anapol
- Telephone: 212-268-8289
Create your own space within this commercial or live work opportunity; this coop awaits the right tenant owner to occupy this fantastic flexible space. This full floor will be delivered vacant. There are several private offices, conference rooms, a large common space, some individual work stations plus two bathrooms and kitchen facilities. This loft space features polished hardwood floors, 12’ high exposed beamed ceilings, and a freight elevator that opens directly onto the space. Being situated on the 8th floor the coop also enjoys the benefit of oversized windows that offer North, South, and East open views.
All of which blend together to offer the space good sunlit exposure throughout the working day.
The C of O is for commercial use, however, the ability to convert the loft to residential use (residential C of O) is as-of-right, and approximately half of floors in the building have already been converted to residential. This commercial use coop represents a rare opportunity to capture such a large, minimally obstructed space in the heart of Manhattan. The building has a newly renovated lobby and a full time superintendent. This unit is part of a well-run cooperative of creative and professional shareholders.
The low maintenance & taxes of $4,279 per month, makes this a most desirable purchase & investment. Please note this commercial space does allow for a live-work loft. This would make a great office space for any creative users – such as architectural, advertising, arts, film, publishing, R&D, software development, etc.
Located between Park Avenue South and Lexington just steps away from the Flatiron, Madison Square Park, Eataly, Union Square and the N, R, 4, 5 & 6 subway lines. The building was first built in 1912 and has 12 floors and a total of 13 units and today stands as a very-well-established high-end coop Loft Building.
The low maintenance &taxes of $4,436.00 per month, makes this a most desirable purchase & investment. Located between the Flatiron’s, near Gramercy Park, just steps away from Madison Square Park, Eataly, Union Square and the N,R,4,5 & 6subway lines. Ability for a live-work loft. The C of O is for commercial use.
The proportions of the loft are extraordinary, and it could easily become a spacious 3-4 bedroom home.
There is a flip tax, and financing is allowed up to 75% of the purchase price.
About the Building
Located between between Park Avenue South and Lexington just steps away from the Flatiron, Madison Square Park, Eataly, Union Square and the N,R,4,5 & 6 subway lines.
The building was first built in 1912 and has 12 floors and a total of 13 units and today stands as a very-well-established high-end coop Loft Building.