32 East 39th Street - Office Space Availability

For Sale 10,750,000

32 East 39Th Street, New York, NY 10016

  • Office
  • Office Building

32 East 39th Street, New York, NY 10016 - Office Space

32 East 39th Street is located at 32 East 39th Street in the Murray Hill neighborhood, NY, New York, 10016. The Office building features a total of 10,626 Sqft.

The average property tax per square foot paid by a commercial property in zip code 10016 is $11.

There are 890 office spaces for lease in the Murray Hill neighborhood, totaling 6,445,461 Sqft of available office space. The office space availability for the 10016 zip code is 5,791,430 Sqft, in 749 office spaces. The average asking office rent per sq. ft. in Murray Hill is $25.73/sqft/year. For Class A+ office buildings the average office rate is $112.5/sqft/year, for Class A office buildings the average office rate is $15.46/sqft/year, for Class B office buildings the average office rate is $33.39/sqft/year.

In Murray Hill, there are 4 class A+ office buildings, there are 25 class A office buildings, there are 44 class B office buildings, there are 2 class C office buildings. In Murray Hill, there are a total of 7 LEED certified office buildings. At zip code level, there are 107 commercial properties, of which 107 are office buildings over 50,000 square feet.

Browse commercial listings in cities nearby
Neighborhoods near Murray Hill, Manhattan, New York City, NY

Nearby Listings

Nearby Properties

Details

  • Sale Price 10,750,000
  • Address 32 East 39Th Street, New York, NY 10016
  • City New York
  • Neighborhood Murray Hill
  • Zip Code 10016
  • Property Type Office
  • Property Subtype Office Building
  • Property Status Existing
  • Building Size 10,626 Sqft

Description

Marcus & Millichap is the exclusive sales broker for 32 East 39th Street, a five-story elevator office building between Park Avenue and Madison Avenue in Midtown East.  The subject property has been occupied by the same company as their global headquarters for over twenty years.  The building will be delivered vacant upon sale.


The subject property measures approximately 20.50 feet by 92 feet totaling approximately 10,000 square feet and sits on a 20.50 foot by 98.75 foot R8B zoned lot.  The property has no remaining air rights.


The building sits at the center of Midtown East between the exclusive co-ops of Park Avenue and the commercial density of Madison Avenue including consulates, corporate headquarters and government buildings. The building sits one block south of the recently approved Greater East Midtown Rezoning.


According to the historical record, the building was owned from 1920 to 1939 by “Colonel” Jacob Ruppert, the owner of the Knickerbocker Brewery and the New York Yankees from 1915 to 1939.  The Colonel would host an annual holiday party at the building for Yankee team members including Babe Ruth and Lefty Gomez.

Highlights

  • Property Tenancy - Multi-Tenant

Murray Hill Demographics

The average household income in zip code 10016 is $151,829, from a total of 28,681 households. In terms of employment, there are 97.84 % white-collar and 2.16 % blue-collar jobs in zip code 10016.

Population

  • Total Population25,422
  • Male Population(46.0 %) 11,691
  • Female Population(54.0 %) 13,731
  • Median Age37.00

Income/Financial

  • Average Household Income$148,909
  • Median Household Income$113,860
  • Median Income Under 25$80,966
  • Median Income 25-44$134,926
  • Median Income 45-64$123,739
  • Median Income Over 65$58,415

See more Murray Hill Demographics data

BROWSE OTHER PROPERTIES IN MURRAY HILL

Check out the links below if you're interested in other types of properties for lease or for sale in Murray Hill:

Commercial Broker

John Stewart

Marcus & Millichap

broker

Nick Biedron

Marcus & Millichap

(212) 430-5198

broker

Stephen Bell

Marcus & Millichap

(212) 430-5273