Industrial Property for Sale in New York, NY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: New York, NY 10018

Description

Occupying a full block along Manhattan’s 10th Avenue between West 38th Street and West 39th Street in Hudson Yards, this 250,000 SF industrial building has propelled growth for the likes of General Motors in the early part of the 20th century to, most recently, global logistics and shipping giant DHL. Now available for lease as a turn-key solution for high-tech manufacturing, distribution, e-commerce, and last-mile requirements, 501 10th Ave. has Manhattan – and the world – at its fingertips.

Market Context

This industrial in New York, NY is listed for sale. It has been on the market for 9 days. Compare it against other industrial listings for sale in New York, NY — <a href="/search/sale/industrial/new-york/new-york">view the full market</a>.

As of Q4 2020, the New York City Area industrial market showed a 8.3% vacancy rate. Source: Colliers Q4 2020 market report.

Industrial market FAQ

Is the New York City Area industrial market tightening or softening?
Vacancy is around 8.3% (Q4 2020).

Unified Estimate

Low Confidence

$538.45/SF – $728.49/SF

Mid: $633.47/SF

Rate estimator only; cost-of-business estimate unavailable.

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