633 Third Ave - Loft/Creative Space CONDO FOR SALE


New York, NY 10017- Murray Hill
$590,000 USD
551-300-3248
633 Third Ave, New York, NY for Sale
$590,000 USD
Loft/Creative Space CONDO - FOR SALE
1/29
null | 7.78% Cap Rate

633 Third Ave
New York, NY 10017
Murray Hill


HIGHLIGHTS

  • 633 Third Avenue presents a 650-SF condo for sale, ideal for storage, office, or flexible owner/user, within a 41-story tower in Midtown Manhattan.
  • Occupy space in a Class A building with a green glazed brick-and-glass façade and a newly redesigned two-story lobby demanding institutional presence.
  • Centrally located just two blocks from Grand Central with access to 4, 5, 6, 7, S lines, Metro-North, and LIRR, delivering seamless connectivity.
  • Surrounded by global HQs, the UN, top hospitals, and major firms like Bloomberg and JPMorgan in a dense, high-demand Midtown East corridor.

OVERVIEW

Positioned in the heart of Midtown Manhattan, 633 Third Avenue offers a 650-square-foot commercial condo ideal for storage, office, or flexible owner/user use. Located within a Class A, 41-story office tower on the sub-concourse level, the space benefits from high ceiling heights, an open layout, and a convenient on-floor loading dock, supporting efficient distribution and storage operations. 633 Third Avenue’s striking green glazed brick-and-glass façade, combined with a newly redesigned two-story lobby featuring marble, terrazzo, stainless steel, and granite finishes, creates a strong institutional presence. With 24/7 access, modern building systems, and high security, the property delivers a turnkey opportunity with potential income generation and a 5% cap rate, making it well-suited for both investors and owner/users seeking a Midtown foothold. Strategically located two blocks from Grand Central Terminal, the building provides occupants with unmatched accessibility. Immediate connectivity to the 4, 5, 6, 7, and S subway lines, Metro-North rail service, and newly added Long Island Rail Road access ensures seamless regional transit. The Midtown East district is a vibrant hub, home to a dense network of office towers, global corporate headquarters, and major institutional users. The building itself hosts prominent tenants such as GLAS and UNICEF, and is within steps of corporate leaders, including Bloomberg and JPMorgan Chase, as well as the United Nations headquarters. Midtown East remains one of the most established and resilient commercial markets in the world, driven by consistent demand from finance, legal, healthcare, and international organizations. The Grand Central office district continues to attract investment and infrastructure improvements, reinforcing long-term value and tenant demand. 633 Third Avenue offers a rare opportunity to control a flexible condo asset in one of Manhattan’s most connected and prestigious corridors.

FOR SALE DETAILS

PRICE

$590,000 USD

PRICE/SF

$908 USD /SF

CAP RATE

7.78%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Commercial Condo

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

1,013,617 SF

STORIES

41

BUILDING CLASS

B

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,787 SF

ZONING

C5-3

APN/PARCEL ID

1314-1420,1314-1486,1314-1487,1314-1488

ASK ABOUT THIS PROPERTY

Steve GouyghadoshQueens Community RealtyMore Info
551-300-3248

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Steve GouyghadoshQueens Community RealtyMore Info
551-300-3248

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.