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Mixed-Use

589 11th Ave

589 11th Ave, New York, NY 10036

Listing Price: $12,995,000

Cap Rate
3.75%
Gross SF
13,273
Rentable SF
13,237
Price/Gross SF
$979.06
Lot Size
0.06 acres
Year Built
2020

Investment Overview

Marcus & Millichap is the exclusive sales broker for 589 Eleventh Avenue (the “Property”), a newly constructed office building with a ground floor retail space on the northwest corner of Eleventh Avenue and West 44th Street in Midtown West. The Property has 25 feet on frontage on Eleventh Avenue and 100 feet of frontage on West 44th Street. It is built on a 25-foot by 100-foot M2-4-zoned lot totaling 13,273 square feet.

Investment Highlights

  • Newly Constructed Mixed- Use, Corner Building
  • Near Hudson Yards, Port Authority & the West Side Highway
  • 2,000 Square Foot Terrace on Top Floor
  • Long-Term Family Ownership

Exclusively Listed By

Listing Price: $12,995,000

Cap Rate
3.75%
Gross SF
13,273
Rentable SF
13,237
Price/Gross SF
$979.06
Lot Size
0.06 acres
Year Built
2020

Investment Highlights

  • Newly Constructed Mixed- Use, Corner Building
  • Near Hudson Yards, Port Authority & the West Side Highway
  • 2,000 Square Foot Terrace on Top Floor
  • Long-Term Family Ownership

Investment Overview

Marcus & Millichap is the exclusive sales broker for 589 Eleventh Avenue (the “Property”), a newly constructed office building with a ground floor retail space on the northwest corner of Eleventh Avenue and West 44th Street in Midtown West. The Property has 25 feet on frontage on Eleventh Avenue and 100 feet of frontage on West 44th Street. It is built on a 25-foot by 100-foot M2-4-zoned lot totaling 13,273 square feet.

Exclusively Listed By

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