111 Eighth Avenue

Off Market

111 8th Avenue, New York, NY 10011

  • Office
  • General Office
  • 2,950,000 Sqft

111 Eighth Avenue, New York, NY 10011 - Office Space

111 Eighth Avenue is located at 111 8th Avenue in the Chelsea neighborhood, NY, New York, 10011. The Class A Office building was completed in 1931 and features a total of 2,950,000 Sqft.

There are 421 office spaces for lease in the Chelsea neighborhood, totaling 8,627,245 Sqft of available office space. The office space availability for the 10011 zip code is 880,266 Sqft, in 77 office spaces. The average asking office rent per sq. ft. in Chelsea is $8.81/sqft/year. For Class A office buildings the average office rate is $1.03/sqft/year, for Class B office buildings the average office rate is $11.68/sqft/year, for Class C office buildings the average office rate is $5.67/sqft/year.

In Chelsea, there are 24 class A office buildings. In Chelsea, there are a total of 10 LEED certified office buildings. In 1931, the same year 111 Eighth Avenue was built, 436 more commercial properties (office, industrial, retail) over 50,000 square feet were built in New York, featuring 13,297,503 square feet of commercial space.

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Details

  • City New York
  • Neighborhood Chelsea
  • Zip Code 10011
  • Market Manhattan
  • Property Type Office - General Office
  • Property Size 2,950,000 Sqft
  • Lot Size 3.79 Acre
  • Parking Spaces Avail. 619
  • Parking Ratio 0.21/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 1931

Chelsea Demographics

The average household income in zip code 10011 is $197,050, from a total of 28,753 households. In terms of employment, there are 97.84 % white-collar and 2.16 % blue-collar jobs in zip code 10011.

Population

  • Total Population48,517
  • Male Population(51.0 %) 24,753
  • Female Population(49.0 %) 23,764
  • Median Age38.00

Income/Financial

  • Average Household Income$167,994
  • Median Household Income$104,214
  • Median Income Under 25$49,974
  • Median Income 25-44$136,550
  • Median Income 45-64$99,697
  • Median Income Over 65$48,486

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