909 Third Ave NYC: Real Estate Guide

Kim Anderson
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909 Third Ave NYC: Real Estate Guide

Introduction

Looking for the perfect commercial space or investment opportunity at 909 Third Avenue in the heart of New York City? This guide provides a detailed overview of 909 Third Avenue, offering insights into its features, tenants, and surrounding area. Whether you're a potential tenant, investor, or simply curious about this iconic building, this article provides all the information you need.

Overview of 909 Third Avenue

909 Third Avenue, located in Midtown Manhattan, is a prominent Class A office building. It's known for its prime location and modern amenities. The building offers excellent accessibility and is surrounded by numerous amenities that contribute to a vibrant work environment. Let's delve into what makes 909 Third Avenue a sought-after address.

Key Features and Specifications

  • Address: 909 Third Avenue, New York, NY 10022
  • Construction: The building was constructed in the mid-1970s and has been well-maintained and updated over the years.
  • Height: The building is a skyscraper, offering impressive views of the city.
  • Size: The office spaces are expansive and adaptable.
  • Amenities: Features modern amenities, including high-speed internet, efficient HVAC systems, and updated lobbies.
  • Sustainability: The building incorporates energy-efficient features to reduce its environmental impact.

Notable Tenants at 909 Third Avenue

909 Third Avenue is home to a variety of companies across different industries, enhancing its appeal.

  • Diverse Tenants: The building hosts a mix of corporate tenants, including financial institutions, law firms, and media companies.
  • Prestigious Presence: The presence of these firms adds to the building's prestige.
  • Networking Opportunities: The building provides a hub for professionals to network.

Location and Accessibility of 909 Third Avenue

The location of 909 Third Avenue is one of its greatest assets. It offers unparalleled accessibility and convenience for tenants and visitors alike.

Transportation Options

  • Proximity to Public Transit: The building is located near Grand Central Terminal and several subway lines, including the 4, 5, 6, E, and M trains. This accessibility makes commuting very convenient.
  • Bus Services: Multiple bus routes serve the area, further expanding commuting options.
  • Taxi and Ride-Sharing: Readily available for those who prefer them.

Surrounding Amenities

  • Retail and Dining: A wide selection of restaurants, cafes, and shops within walking distance caters to various tastes and needs.
  • Parks and Green Spaces: Nearby parks, such as Greenacre Park, provide a place for relaxation and breaks.
  • Cultural Attractions: The proximity to cultural landmarks, such as the Museum of Modern Art, adds to the appeal of the location.

Real Estate Market Analysis

Understanding the real estate market is important for anyone considering office space at 909 Third Avenue. This section provides insights into the market conditions and investment potential.

Current Market Trends

  • Demand: Commercial real estate in Midtown Manhattan remains in high demand due to its central location and robust economy.
  • Vacancy Rates: Overall vacancy rates and their impact on pricing will influence the market.
  • Investment Climate: The commercial real estate market is attractive to investors seeking high-value properties in prime locations.

Investment Potential

  • Rental Rates: The potential return on investment is influenced by rental rates.
  • Property Appreciation: Investing in a property like 909 Third Avenue often brings long-term appreciation.
  • Financial Considerations: Factors such as property taxes, operating costs, and potential for future developments influence investment decisions.

Advantages of 909 Third Avenue

909 Third Avenue offers several advantages for businesses seeking a prime office space in NYC.

Prime Location

The central location provides excellent accessibility to clients, employees, and services. The building's strategic location in Midtown Manhattan allows for seamless connectivity and access to all the city offers.

Modern Amenities and Facilities

Offering contemporary amenities such as high-speed internet, modern HVAC systems, and well-maintained common areas, 909 Third Avenue delivers an optimized environment for business operations.

High-Profile Tenants

The presence of notable tenants in the building enhances the business's credibility and provides potential networking opportunities.

How to Find Space at 909 Third Avenue

Here are some of the ways you can secure office space at 909 Third Avenue.

Real Estate Brokers

  • Expert Guidance: Real estate brokers, particularly those specializing in commercial properties, can guide you through the process.
  • Property Listings: Brokers have access to current listings and can facilitate negotiations and lease agreements.

Online Resources

  • Commercial Real Estate Websites: Websites offer listings, market data, and contact information. These allow prospective tenants to view available spaces, compare pricing, and understand current market trends.
  • Company Websites: Checking the websites of property management companies or the building's website can provide additional details and updates on available space.

Direct Contact

  • Property Management: Contacting the property management directly to inquire about availability and arrange property visits.
  • Building Representatives: Getting in touch with the building management ensures that all questions are answered and that the process is smooth and well-managed.

909 Third Avenue FAQs

Is 909 Third Avenue a good investment?

909 Third Avenue is often considered a good investment due to its prime location, strong tenant base, and potential for property appreciation. However, it's essential to conduct a detailed market analysis and consult with real estate experts before making any investment decisions.

What are the transportation options near 909 Third Avenue?

909 Third Avenue is conveniently located near major transportation hubs, including Grand Central Terminal, subway lines (4, 5, 6, E, M), and multiple bus routes. Taxi and ride-sharing services are also readily available.

What types of businesses are located at 909 Third Avenue?

909 Third Avenue hosts a variety of businesses, including financial institutions, law firms, and media companies, creating a diverse and professional environment. Patrick Mahomes Stats: Career, Records, & More

What amenities are available at 909 Third Avenue?

909 Third Avenue offers various modern amenities, including high-speed internet, updated lobbies, and efficient HVAC systems. It provides a comfortable and productive work environment.

How can I find available office space at 909 Third Avenue?

You can find available office space at 909 Third Avenue through commercial real estate brokers, online resources, and direct contact with property management. Fiona Steele: Archaeology, Age, And Achievements Unveiled

Are there any retail or dining options near 909 Third Avenue?

Yes, there are numerous retail and dining options within walking distance of 909 Third Avenue, catering to various tastes and preferences.

Is 909 Third Avenue accessible to people with disabilities?

909 Third Avenue is designed to meet accessibility standards and provide a welcoming environment for all. It features accessible entrances, elevators, and other facilities to accommodate individuals with disabilities. VMAs 2025: Predicting The Winners & Biggest Moments

Conclusion

909 Third Avenue is a highly desirable address for businesses in New York City. Its prime location, modern amenities, and diverse tenant base make it a top choice for commercial real estate. By understanding the building's features, market trends, and available options, businesses and investors can make informed decisions. Consider 909 Third Avenue for your next real estate venture to tap into a thriving market and gain a competitive edge.

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