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The New Era Building

Off-Market

495 Broadway, New York, NY 10012

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  • Property Type Office - Creative Office
  • Property Size 77,066 SF
  • Lot Size 0.22 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1928

Location

  • Walk Score ® Walker's Paradise (100)
  • Transit Score ® Rider's Paradise (100)
  • Bike Score ® Very Bikeable (89)
Powered by Walk Score ®
  • City New York, NY
  • Neighborhood SoHo
  • Zip Code 10012
  • Market Manhattan

Points of Interest

Broadway & Houston Street at Southeast Corner

0.27 miles

Bowling Green

1.43 miles

33rd Street

1.91 miles

Borough Hall

2.09 miles

Times Square

2.42 miles

Grand Central 43rd Street / Vanderbilt Avenue entrance

2.43 miles

brooklyn taxi company

2.78 miles

New Bell Car Service

2.92 miles

East 53rd Street & 3rd Avenue at Southwest Corner

2.92 miles

Flushing Avenue

3.02 miles

Tesla Supercharger

0.38 miles

ChargePoint

0.80 miles

Blink

1.37 miles

ChargePoint

1.82 miles

ChargePoint

2.00 miles

Emporium

2.34 miles

Bus Charging Station

2.39 miles

ChargePoint

2.90 miles

Citgo

3.01 miles

ChargePoint

3.36 miles

Brooklyn Cruise Terminal Parking

2.98 miles

Rapid Park

3.74 miles

iClean

3.92 miles

Quik Park

4.68 miles

Kings County Parking Garage

5.52 miles

Parking Lot E

6.37 miles

Airpark

7.56 miles

Daily Parking - Terminal C

7.79 miles

153rd Street North Lot

7.90 miles

Doody's Home Center

9.39 miles

Sheraton

0.24 miles

Manhattan Bowery Lodge

0.46 miles

East Village Hotel

0.89 miles

Chelsea international hostel

1.45 miles

Leo house

1.61 miles

The Marmara

1.87 miles

EVEN Hotel Midtown East

2.51 miles

Night Times Square

2.68 miles

Econo Lodge

2.72 miles

The Baltic Hotel

2.85 miles

Benito One

0.23 miles

Terra

0.40 miles

Bowllin'

0.63 miles

Vegan Food Court

0.74 miles

Crif Dogs

0.92 miles

Too Good Pizza

1.09 miles

Joseph's Ristorante

1.30 miles

Gansevoort Market

1.32 miles

Dekalb Market Hall

2.35 miles

99¢ Express Pizza

2.54 miles

NYU Courant Institute of Mathematical Sciences

0.50 miles

New York Studio School of Drawing, Painting and Sculpture

0.71 miles

St. John's University

0.75 miles

Pace University

0.81 miles

DeROSE Method Greenwich Village

1.04 miles

New York Film Academy

1.13 miles

School of Visual Arts

1.47 miles

CUNY Graduate School and University Center

2.01 miles

Williamsburg Northside Lower School

2.53 miles

Brooklyn Technical High School Athletic Field

3.14 miles

Gan Menachem Kiddle Korner

1.98 miles

Playday

2.55 miles

My Treehouse

3.01 miles

Little Lola & Tots

3.14 miles

The Little Brooklyn Pre-K Center

3.24 miles

Bedford Stuyvesant Early Childhood Development Center

3.24 miles

Kids Town Play Space

3.54 miles

Juguemos a Cantar

3.55 miles

BumbleBeesRus

4.01 miles

Parker's Place

4.13 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 11 Nov, 1971
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in New York

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in New York Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2021 Avg. Asking Rent $0.00
  • 2021 Office Vacancy Rate 0.00%
  • 2021 Office Completions (SF)
View more New York market trends

Tax

  • Property Tax in 2022-2023 $1,237,198
  • Market Value* $25,825,000
  • Assessed Value $25,825,000

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of The New Era Building?

The New Era Building totals 77,066 square feet.

When was this property built?

The New Era Building was built in 1928.

When was The New Era Building last sold?

The New Era Building was last sold on 11 Nov, 1971.

What is the property tax for The New Era Building?

The property tax for The New Era Building in 2022-2023 was $1,237,198.

What is the market value for The New Era Building?

The market value* for The New Era Building in 2022-2023 was $25,825,000.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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