Time-Life Building

Off Market

1271 Avenue of the Americas, New York, NY 10020

  • Office
  • General Office
  • 1,962,900 Sqft

Time-Life Building, New York, NY 10020 - Office Space

Time-Life Building is located at 1271 Avenue of the Americas in the Theatre District - Times Square neighborhood, NY, New York, 10020. The Class A+ Office building was completed in 1961 and features a total of 1,962,900 Sqft.

There are 487 office spaces for lease in the Theatre District - Times Square neighborhood, totaling 8,269,754 Sqft of available office space. The average asking office rent per sq. ft. in Theatre District - Times Square is $56.05/sqft/year. For Class A+ office buildings the average office rate is $33.5/sqft/year, for Class A office buildings the average office rate is $63.35/sqft/year, for Class B office buildings the average office rate is $52.07/sqft/year.

In Theatre District - Times Square, there are 27 class A+ office buildings. In Theatre District - Times Square, there are a total of 23 LEED certified office buildings. In 1961, the same year Time-Life Building was built, 127 more commercial properties (office, industrial, retail) over 50,000 square feet were built in New York, featuring 9,011,352 square feet of commercial space. At zip code level, there are 13 commercial properties, of which 13 are office buildings over 50,000 square feet.

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Details

  • City New York
  • Neighborhood Theatre District - Times Square
  • Zip Code 10020
  • Market Manhattan
  • Property Type Office - General Office
  • Property Size 1,962,900 Sqft
  • Lot Size 1.88 Acre
  • Property Tenancy Multi-Tenant
  • LEED Silver
  • Building Class A+
  • Year Built 1961
  • Date Updated 06 Jan, 2021

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

FREQUENTLY ASKED QUESTIONS

What is the total square footage of Time-Life Building?

Time-Life Building totals 1,962,900 square feet.

When was this property built?

Time-Life Building was built in 1961.

Theatre District - Times Square Demographics

Population

  • Total Population17,497
  • Male Population(53.7 %) 9,392
  • Female Population(46.3 %) 8,105
  • Median Age38.00

Income/Financial

  • Average Household Income$143,865
  • Median Household Income$99,546
  • Median Income Under 25$56,854
  • Median Income 25-44$143,314
  • Median Income 45-64$89,656
  • Median Income Over 65$32,857