15 West 36th Street

15 West 36th Street, New York, NY 10018

  • For Sale $28,000,000
  • Property Type Office - General Office
  • Property Size 81,082 SF
  • Units 20
  • Additional Rent Contact for pricing
  • Building Class B
  • Date Updated Jun 6, 2024
MidtownAvison Young, as the exclusive agent, is pleased to offer for sale 15 West 36th Street (the “Property”), a 16-story office building located between 5th and 6th Avenues in the Midtown submarket. Built in 1917, the Property totals 81,082 RSF and is comprised of retail space on the ground, mezzanine and lower level, and office spaces on floors two (2) through sixteen (16). The property is 61% leased, with 56% occupied by office space and 5% by retail, and has a weighted average lease term (WALT) of 3.03 years. Four contiguous vacant floors and the ability to access additional floor area upon pending lease roll, offers end-users and investors an opportunity to acquire a generational asset at a historically attractive basis. In addition, the Property boasts generous ceiling heights, plentiful light and air, flexible floor plates catering to a wide range of office users, and unrivalled access to Manhattan’s main transportation hubs. The Property’s lobby was recently renovated. Although the Property’s location and M1-6 zoning currently falls within the excluded zone for residential conversions per Article 1 Chapter 5 of the Zoning Resolution, the Midtown South Mixed-Use Plan and “City of Yes” rezoning proposals will unlock this ability to convert to residential use. When combined with the 467-m tax abatement, the future viability of a residential conversion adds tremendous value potential.

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Highlights

  • Newly renovated lobby (2024)
  • - Rare and attractive light and air attributes for
  • future conversion to residential use
  • (unlike most mid-block properties, the properties
  • to the rear of the Property are low lying providing
  • unobstructed
  • light from the 5th floor and above)
  • No near-term capital needs
  • Three elevators (two automatic passenger and one manual freight)
  • Typical floor size of 5,000 RSF

Contacts

broker

James Nelson

Avison Young

Location

Getting Around

  • Walk Score ®

    99/100 Walker's Paradise

  • Transit Score ®

    100/100 Rider's Paradise

  • Bike Score ®

    85/100 Very Bikeable
Powered by Walk Score ®
  • City New York, NY
  • Neighborhood Garment District
  • Zip Code 10018
  • Market Manhattan

Points of Interest

  • 34th Street & Broadway at Northwest Corner

    0.19 miles

  • 33rd Street

    0.25 miles

  • 5th Avenue

    0.28 miles

  • Grand Central

    0.33 miles

  • 7th Avenue & 33rd Street at Northwest Corner

    0.35 miles

  • Grand Central 42nd Street / Vanderbilt Avenue entrance

    0.37 miles

  • Grand Central 42nd Street entrance

    0.39 miles

  • 28th Street

    0.40 miles

  • Grand Central 43rd Street / Vanderbilt Avenue entrance

    0.41 miles

  • Grand Central 43rd Street / Lexington Avenue entrance

    0.49 miles

  • ChargePoint

    0.50 miles

  • ChargePoint

    0.50 miles

  • ChargePoint

    0.63 miles

  • ChargePoint

    0.65 miles

  • Tesla Supercharger

    0.71 miles

  • ChargePoint

    0.78 miles

  • Mobil

    0.80 miles

  • Bus Charging Station

    0.81 miles

  • ChargePoint

    0.86 miles

  • ChargePoint

    0.86 miles

  • Herald Square Shopping Court

    0.14 miles

  • SP+

    0.22 miles

  • City Parking

    0.23 miles

  • Select Garages

    0.30 miles

  • Hippodrome Parking

    0.39 miles

  • Red Ball Garage

    0.50 miles

  • Icon Parking

    0.54 miles

  • intlFcstone 10022 LOCi Multi

    0.58 miles

  • Quik Park Garage

    0.64 miles

  • icon 24hr Parking

    0.66 miles

  • LeSoleil

    0.04 miles

  • Best Western Herald Square

    0.05 miles

  • Fairfield Inn

    0.05 miles

  • SpringHill Suites

    0.06 miles

  • Hyatt Place New York/Midtown-South

    0.06 miles

  • Marriott Vacation Club, New York City

    0.06 miles

  • The Kixby

    0.07 miles

  • Holiday Inn Express

    0.07 miles

  • The Gregory Hotel

    0.09 miles

  • Hampton

    0.09 miles

  • Clinton Hall 36

    0.02 miles

  • Yoon Haeundae Galbi

    0.03 miles

  • Reichenbach Hall

    0.05 miles

  • Hyo Dong Gak

    0.06 miles

  • Barn Joo 35

    0.08 miles

  • The Australian NYC

    0.08 miles

  • Burger King

    0.08 miles

  • Izakaya Mew

    0.09 miles

  • Cho Dang Gol

    0.09 miles

  • Keens Steakhouse

    0.10 miles

  • CUNY Graduate School and University Center

    0.14 miles

  • Stella and Charles Guttman Community College

    0.18 miles

  • CUNY School of Professional Studies

    0.32 miles

  • American Academy of Dramatic Arts

    0.33 miles

  • Norman Thomas High School

    0.34 miles

  • Stern College Yeshiva University

    0.38 miles

  • Rebecca School

    0.39 miles

  • CUNY Graduate School of Journalism

    0.41 miles

  • International Wine Center (IWC)

    0.46 miles

  • Lexington Avenue Campus Touro College

    0.46 miles

  • Wee Ones Club

    0.34 miles

  • Everbrook Academy

    0.52 miles

  • Alpha Bet Preschool of Murray Hill

    0.52 miles

  • Gymboree

    0.55 miles

  • Push My Swing

    0.59 miles

  • NY Kids Club

    0.66 miles

  • St Vartan Play Group Preschool

    0.70 miles

  • The Accorn School

    0.85 miles

  • Samuel J. Heyman Early Childhood Center

    1.01 miles

  • 14th Street Y - Childcare

    1.31 miles

Frequently Asked Questions

How much does 15 West 36th Street cost?

The space currently listed for sale at 15 West 36th Street asks for $28,000,000.

What is the total square footage of 15 West 36th Street?

15 West 36th Street totals 81,082 square feet.

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Contact Listing Broker

broker

James Nelson

Avison Young